Ford raises prices on the popular truck, electric F-150 Lightning

Ford electric F-150 Lightning

Ford Motor has increased prices of its electric F-150 Lightning pickup. The standard-range Lightning Pro, a lower-cost version of the truck optimized for fleet use, will now start at just under $60,000, not including shipping. That’s roughly 50% higher than the Lightning Pro’s original starting price at launch last spring.

Ford noted that the 2023 Lightning Pro is sold out for retail customers; order banks for fleet customers will reopen in April.

The carmaker has resumed full production of its electric F-150 Lightning pickup following a February battery fire. Shipments of the Lightning will also resume this week.

Ford also raised the price of the mid-level Lariat trim with standard-range battery from about $74,500 to just under $76,000. The starting price for a Lightning in the top-line Platinum trim also increased, from about $96,900 to just over $98,000, according to Automotive News.

Ford has raised Lightning prices several times since it first announced the truck’s pricing in 2021. The standard-range Pro version was originally set to start at just under $40,000, but fast-rising costs of critical raw materials such as lithium, cobalt and nickel — and unexpectedly high demand for the electric pickup — led Ford to increase prices several times in 2022.

Ford halted production and shipments of the Lightning in February after a just-built truck awaiting a quality check caught fire in a Ford holding lot.

Ford has unveiled its mid-sized electric Explorer SUV

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