Ford’s Electrical F-150 Lightning Truck Will get Greater Beginning Value—Once more


The brand new value for Ford’s all-electric truck is predicted to have an effect on solely the Professional, its most reasonably priced trim stage.



Photograph:

Michael Sturdy/Zuma Press

Ford


F 1.21%

Motor Co. is elevating the beginning value of its all-electric truck for the second time in current months. 

The brand new price ticket for the 2023 F-150 Lightning Professional is $51,974, the corporate mentioned. The rise is predicted to have an effect on solely the Professional, its most reasonably priced trim stage. 

Clients who’ve present orders with Ford gained’t be affected by the value improve. 

The Dearborn, Mich., auto maker mentioned supply-chain issues, rising materials prices and market elements had been the principle causes for the rise in value.  

Ford raised costs for all fashions of its F-150 Lightning truck in early August, lower than 4 months after it started transport the pickup to dealerships. At the moment, the value for the F-150 Lightning Professional was $46,974.

In April, the corporate mentioned the truck’s value would begin at round $40,000, making it extra reasonably priced than many rivals and about the identical value on the time because the Cybertruck by

Tesla Inc.,


TSLA -3.46%

which leads the nation in electric-vehicle gross sales. 

Ford’s new plug-in truck is a battery-powered model of the F-150 pickup, which has been America’s bestselling automobile for many years. 

Auto makers together with Tesla and

Basic Motors Co.

have additionally been elevating costs on sure electrical automobiles, as they appear to offset the upper prices of uncooked supplies used of their batteries.

—Nora Eckert contributed to this text.

Write to Talal Ansari at talal.ansari@wsj.com

Copyright ©2022 Dow Jones & Firm, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8



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