Starting this fall, Ford on Tuesday also said the electric range of F-150 Lightning models with a standard battery is expected to increase by 10 miles to 240 miles. A spokeswoman for the company said deliveries of new orders are scheduled to begin this fall. Ford has only sold about 4,400 vehicles since beginning deliveries in May. It's unclear how long customers will have to wait for a new truck after they place an order. The 2022 Ford F-150 Lightning is an all-electric full-size pickup. The company late last year announced it had closed orders for the vehicle after receiving more than 200,000 nonbinding reservations for the truck. Price: The 2022 Ford F-150 Lightning lineup starts at 39,974. Raw material costs for batteries for electric vehicles more than doubled during the coronavirus pandemic, according to a recent report by consulting and research firm AlixPartners.įord's pricing increases come ahead of the automaker on Thursday reopening ordering for the F-150 Lightning. Tesla also has raised pricing this year on its vehicles. General Motors previously raised the price of its Hummer EV pickup by $6,250, while EV startups Rivian Automotive and Lucid increased the costs of their vehicles substantially more than that. Prices exclude taxes and shipping/delivery costs.įord is the latest automaker to increase pricing of their newest electric vehicles amid rising inflation and commodity costs. The starting prices for the 2023 F-150 Lightning will now range from about $47,000 to $97,000, up from roughly $40,000 to $92,000 for the 2022 model year.

F150 lightning electric