Electric car prices are rising as a result of inflation and supply chain issues. Unfortunately, the best-selling car in the United States, the Ford F-150 Lightning, is following suit.
When it was first introduced, the F-150 Lightning was by far the most affordable option for many buyers. The Pro version started at $39,974.
The Pro version of the F-150 Lightning now costs $46,974. That’s a $7,000 or 17.5% increase over the original price.
The prices are going up across the board for Ford’s first electric truck. Here is the complete list of hikes:
XLT was $52,974 and now is $59,474
XLT High was $62,474 and now is $68,474
XLT High Extended Range was $73,974 and now is $80,974
Lariat was $67,074 and now is $74,474
Lariat Extended Range was $77,074 and now is $85,974
Platinum Extended Range was $92,669 and now is $96,874
Ford is attempting to soften the blow by making Pro Trailer Hitch Assist standard on all trucks and even claims to have increased the range of the F-150 by 10 miles.
Customers hoping to offset this increase with the $7,500 tax credit for electric vehicles are in for more disappointment. The new requirements require that the batteries be primarily manufactured in the United States, which means that at least 40% of the components must be manufactured in the United States for the car to qualify. Ford, on the other hand, had begun receiving batteries from CATL in China, which disqualifies the car from the tax credit.