Ford has attributed the F-150 Lightning price increases to the rising costs of raw materials.
Ford Motor Co. has again raised the starting price of its all-electric F-150 Lightning truck, after temporarily halting production and shipments to address a battery issue.
The cheapest of the company’s electric trucks now costs $59,974, marking the latest in a series of price increases since the full-size, battery-powered pickup trucks began rolling off Detroit assembly lines in April of last year.
At that time, the starting price was roughly $40,000.
In October, Ford executives raised it to $51,974, and in December, it increased to $56,000.