Ford has reopened order banks for the next wave of reservation holders of the Ford F-150 Lightning all-electric pickup, but with a price increase. The company said that the prices of the Lariat Standard Range and Platinum versions were adjusted upward (by respectively $1,500 and $1,200) “in response to current material costs, market factors, and supply chain constraints.” Meanwhile, prices for the Lariat Extended Range version and two XLT versions (SR and ER) remain the same.
The biggest issue is that the entry-level Pro version is now $4,000 more expensive and available only for fleets, as the 2023 model year’s batch envisioned for retail customers was sold out already. It’s worth noting that the next wave of commercial order banks (Pro version) is opening in mid-April.
The latest price increase is not the first one, and as we can see below, the entry-level Ford F-150 Lightning is currently about 50 percent more expensive than initially (roughly $60,000 versus roughly $40,000). Some versions (MSRP above $80,000) are also not eligible for the $7,500 federal tax credit anymore. These significant price changes reflect not only higher costs but also the disproportion between high demand and constrained supply.
Ford has said that production rate will gradually increase, towards 150,000 units per year by the Fall. Retail ordering will be opened for the first time in late Spring.
The Ford F-150 Lightning is an exciting new vehicle that has been met with great enthusiasm from consumers. However, due to current market conditions and supply chain constraints, Ford has had to adjust prices accordingly. The entry-level Pro version is now only available for fleets, and prices for other versions have increased as well. Despite this, Ford is still committed to increasing production rate and opening retail ordering in late Spring.
FAQ
Q1: Are electric car batteries recyclable?
A1: Yes, electric car batteries are recyclable.
Q2: Are electric car chargers free?
A2: It depends on the charger and the location. Some electric car chargers are free, while others may require a fee.
Q3: Can electric car batteries be rebuilt?
A3: Yes, electric car batteries can be rebuilt with the right tools and knowledge.
