Contributing to this decision is falling raw material costs for batteries, too. With company projections showing a tripled annual run rate at the Rouge Electric Vehicle Center by this fall, Ford says it can finally afford to lower the price of the F-150 Lightning. Bill Pugliano // Getty Imagesīut how does Ford explain this significant reduction in price? For the exact reason that prices had to go up initially: production and material costs. The Rouge Electric Vehicle Center, pictured here, remains temporarily closed for plant upgrades, Ford says. That includes a standard, across-the-lineup $1995 destination fee, up from the original $1795 charge. For the first time since the truck's release in April 2022, prices are actually going down from the factory by nearly $10,000 in some trims.Īccording to a pricing chart provided by Ford, the base model Pro and preceding XLT 311A trims are both receiving a $9979 price cut, bringing their respective sticker prices to $51,990 and $56,990. If you've been itching to buy Ford's premier F-150 Lightning electric pickup, then now might be the time. As Ford prepares to triple annual production rates, the Dearborn manufacturer is now offering F-150 Lightnings for anywhere from $6000 to nearly $10,000 less.Over the course of 10 months from 2022 through 2023, Ford continually increased the price of the electric truck, but the company now says it will drop the prices back down.Ford's F-150 Lightning was originally marketed as an accessible, all-electric alternative to the traditional work truck, but rising prices quickly killed that dream.
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