Ford just raised the price of its electric F-150 by up to $8,500
CNN
Ford on Thursday will once again begin taking orders for its popular F-150 Lightning electric pickup truck. But this time the base model of the pickup will cost about $7,000 more than before.
When the Lightning first went on sale, the Pro version -- the base model intended mostly as a simple work truck -- cost about $40,000. Now it will cost about $47,000. More expensive versions of the truck have similar price increases, up to $8,500 for highly equipped extended range models. The Lightning is currently eligible for the $7,500 federal EV tax credit. (With electric vehicle tax credit rules set to change under new legislation, it's unclear if the truck will continue to be eligible in the future.)
The change is due to "significant material cost increases and other factors," according to a Ford announcement. Ford had stopped taking retail orders at the end of last year as customer demand threatened to outstrip the automaker's production capacity.
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