Ford announced reductions in the prices of its cars Ford F-150 Lightning electric pickup truck on Monday, thanks to improvements in manufacturing efficiency and increased production capacity.
After temporarily closing its Rouge Electric Vehicle Center in Michigan earlier this year for upgrades, Ford is putting the plant back in operation again. The facility’s increased production capacity, efficiency improvements and lower cost of battery raw materials have allowed the automaker to expand production of its F-150 Lighting electric pickup truck to an estimated 150,000 trucks – nearly three times the previous rate – and lower prices across all Trims to a level closer to (but still higher than) Initial Startup MSRP.
Entry level 2023 Ford F-150 Lightning Pro The Work Truck now starts at $51,990, which includes the $1,995 required cost for destination and delivery charges. That’s a decrease of $9,979 from the bottom line before factoring in any federal or state EV incentives or rebates. The F-150 is one of the few electric vehicles Eligible for a $7,500 tax credit for the Inflation Control Actwhich brings the adjusted starting price to about $44,490, all said and done.
Ford estimates that it will be able to deliver up to 150,000 Lightnings annually once production is ramped up.
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Working up the trim level hierarchy, the F-150 Lightning XLT and XLT Extended Range packages are discounted from $8,479 to $9,479. The Lariat and Lariat Extended Range are cut in price by $6,979 and $8,479, respectively. And at the top of the range, the Platinum Extended range now starts at $93,990, or $6,079 less than before. Ford is also temporarily offering an additional $1,000 discount as a bonus to customers who place an order for an XLT, Lariat or Platinum through the end of July at Ford.com.
F-150 Lightning pricing update
Trim level Previous price with destination Updated price with destination Reduction F-150 Lightning Pro $61,969 $51,990 9,979F-150 Lightning XLT 311A $66,469 $56,990 9,479F-150 Lightning XLT 312A $70,469 $61,990 8,479F-150 Lightning XLT Lightning Lariat 510A $78,969 $71,990 $6,979F-150 Lightning Lariat Extended Range $87,969 $79,490 8,479F-150 Lightning Platinum Extended Range $100,069 $93,990 $6,079
The lower the price, the greater the availability Ford’s recently announced partnership with Tesla To give access from early next year to more than 12,000 Supercharger fast charging stations via adapter, puts the F-150 Lightning – our top pick The best electric truck – is in a stronger position and helps fill openings in preparation for a wave of new competitors, incl Chevrolet Silverado EVthe GMC Sierra EVAnd RAM 1500 REV And Tesla electric truck in the coming months.
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