Ford Quietly Raises The Entry Price Of The F-150 Lightning Again

The entry tickets for a Ford F-150 Lightning got a lot more expensive.

Ford quietly raised the price of the F-150 Lightning. Again. For the second time in two months, the F-150 Lightning electric truck has gone up in price, although this time the price hike only affects the base Pro trim level. Ford’s added an extra $5,000 to the base price, bringing the new entry price to $53,769, including the new more expensive $1,795 destination fee introduced earlier this year.

Remember, when the F-150 Lightning was first announced in 2021, the base price was a mere $39,995 – a featherweight steal by comparison. Ford cites that supply chain issues, unstable commodities, and battery material issues have hurt Ford’s EV profits. The prices of battery minerals like cobalt or lithium have doubled in price in recent months. Thus, price increases are necessary for Ford (and other EV brands) to maintain profits. Ford says that current reservation holders are not affected by these price increases, including commercial and fleet customers.

The price increase is solely for the base Pro model – the rest of the F-150 Lightning lineup remains unchanged from the initial pricing announcements delivered two months ago. Still, despite the price hike, the 2023 Ford F-150 Lightning Pro is the cheapest EV pickup truck on sale at the moment. Offerings from Rivian and GMC (Hummer) are significantly pricier, but the forthcoming Chevy Silverado EV could swoop in to undercut the newly expensive Ford F-150 Lightning Pro.

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