Ford announces another price increase for the F-150 Lightning

F150 LIghtning
Credit: Ford

Ford has announced a price increase for its entry-level F-150 Lightning Pro. The automaker has increased the price of this trim level, which is designed for commercial use, from $57,869 to $61,869.

The price hike for the F-150 Lightning Pro is the fourth since the truck’s launch, making it nearly $20,000 more expensive than when it debuted in April 2022. The F-150 Lightning Pro is currently sold out for retail customers, and Ford has not announced when it will be available again.

In addition to the F-150 Lightning Pro, other popular trims of the electric truck will also see price increases. The 2023 F-150 Lightning Lariat standard range will increase by $1,500 to $77,869, including destination. The top Platinum trim with the standard extended-range battery pack will increase by $1,200 to $99,969.

Along with the price increase, Ford said Thursday it has also resumed taking orders for its F-150 Lightning after a production halt in February 2023 due to a battery issue. The issue was eventually identified as a battery cell manufacturing defect, which led to a small recall announced in early March.

However, Ford has since resolved the issue and resumed production at its plant in Dearborn, Michigan on March 13. Production returned to full capacity this week, and trucks are currently being shipped to customers.

Ford has a goal of reaching an annual production rate of 150,000 EVs by the fall. However, production bottlenecks have meant Ford delivered only 15,617 of the electric trucks in 2022, despite having 200,000 reservations at the end of the year.

Ford reveals cause of F-150 Lightning battery fire in recall notice

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