Automotive reporter Pras Subramanian outlines the pricing forecast for Ford's F-150 Lightning as reservations for the EV begin to reopen.
Ford opened the order banks for the next wave of F-150 Lightning reservation holders today, though those fans of the electric pickup may be in for a bit of sticker shock.
The automaker said prices for its 2023 F-150 lightning will be increased in the range of $6,000 and $8,500 depending on the variant, with the cheapest Pro model now priced at about $47,000. Customers who have ordered the truck and awaiting delivery will not be impacted by the price hike, Ford added. Dearborn, Michigan-based Ford said last month it was expecting commodity costs to rise by $4 billion this year and that it would offset them by raising prices.