Ford F-150 Lighting worth rises once more, now begins $12,100 greater than earlier 12 months

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Ford is rising pricing on its F-150 Lightning electrical pickup truck for the second time.

In a press release to CNBC, Ford stated the 2023 F-150 Lightning Professional now begins at $53,769, together with a $1,795 vacation spot cost.

The Professional is the bottom grade geared toward fleet patrons, and was priced at simply $41,669 when the 2022 F-150 Lightning was launched in Might. Ford then elevated the worth of Professional in August to $48,769 for the 2023 mannequin 12 months, whereas additionally rising vary from 230 to 240 miles, and including Professional Trailer Hitch Help know-how.

Ford cited rising materials prices and different components for the August worth rise. In its assertion to CNBC, Ford stated the newest worth rise, now roughly 30% greater than the unique launch worth, was as a consequence of ongoing provide chain constraints, in addition to rising materials prices and different components.

2022 Ford F-150 Lightning Pro

2022 Ford F-150 Lightning Professional

Different grades have been additionally affected by the August worth rise, however Ford hasn’t stated if that was the case with its newest worth rise.

It is doable Ford could have underestimated demand for the F-150 Lightning and is now adjusting pricing.

Ford has delivered 8,760 items since deliveries began in June, and the the automaker stated the zero-emission truck is one in every of its fastest-turning automobiles on seller tons, requiring simply eight days.

Different automakers have costs on EVs in latest months. EV startups Lucid and Rivian have each elevated costs this 12 months, whereas Tesla has raised costs throughout its lineup a number of instances this 12 months.

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