Ford has raised prices on the F-150 Lightning electric pickup again.
The cheapest Ford F-150 Lightning electric pickup now costs a whopping $59,974 — $20,000 more than it did when it first hit the market a year ago.
In October, Ford raised prices by another $5,000, making the Pro cost $51,974.
The latest price hikes also bring the mid-level Lariat model's starting price up by $1,500 to $75,974.
Ford's move could be good news for Chevrolet, whose Silverado electric truck is supposed to start at around $39,000 when it becomes available in the summer of 2024.