Ford F-150 Lightning electric pickup truck prices rise again, up 50% in nine months

Ford has increased the price of 2023 Ford F-150 Lightning Electric Pickup again in the United States, making it 50 percent more expensive than nine months ago.

As reported by carcoopsone year after its initial release in the United States, Ford entry level price has risen F-150 Lightning Professional pick-up service from USD 39,974 (AU 60,000) to USD 59,974 (AU 90,000).

In terms of percentages, this is a considerable jump of 50 percent in just one year. The first price increase was applied in August 2022, followed by increases in October and December.

It’s not just the entry-level variant that has been hit by the big price hikes, but it’s the most affected.

The F-150 Lightning lineup is made up of four variants in the US: the Pro workhorse, mid-grade XLT, top-spec Lariat, and top-end Platinum.

The latest price increase applied an increase of $4,000 ($AU$6,000) to the Pro model, $1,500 ($AU$2,200) to the Lariat, $1,200 ($AU$1,800) to the Platinum, and no increase for the XLT.

According to statements provided to the US media, Ford has attributed the price increases to a combination of higher material costs and restrictions on the supply of parts.

Even With Recent Price Hikes, The F-150 Lightning Electric Pickup Is Sold Out, According To automotive news.