Ford F-150 Lightning trucks manufactured at the Rouge Electric Vehicle Center in Dearborn Michigan.
Courtesy: Ford Motor Co.
DETROIT – Ford Motor on Tuesday said it is increasing the starting prices of its electric F-150 Lightning pickup due to “significant material cost increases and other factors.”
The Detroit automaker said the price increases – between $6,000 and $8,500, depending on the model – will not impact customers who have ordered a vehicle and are awaiting delivery. They will impact an undisclosed amount of reservation holders who have not yet ordered a truck.
The starting prices for the 2023 F-150 Lightning will now range from about $47,000 to $97,000, up from roughly $40,000 to $92,000 for the 2022 model-year. Prices exclude taxes and shipping/delivery costs.
Ford is the latest automaker to increase pricing of its newest electric vehicle amid rising inflation and…