Ford Slashes F-150 Lightning EV’s Beginning Worth to $51,990


Ford introduced worth reductions for its Ford F-150 Lightning electrical pickup truck on Monday, because of enhancements in manufacturing effectivity and elevated manufacturing capability. 

After briefly closing its Rouge Electrical Automobile Middle in Michigan earlier this 12 months for upgrades, Ford is bringing the plant again on-line. The power’s elevated manufacturing capability, effectivity enhancements and the falling value of uncooked battery supplies have allowed the automaker to scale manufacturing of its F-150 Lighting electrical pickup to an estimated annual run of 150,000 vans — practically triple the earlier price — and to scale back costs throughout all trims to a degree nearer to (however nonetheless greater than) the preliminary launch MSRP.

The entry-level 2023 Ford F-150 Lightning Professional work truck now begins at $51,990, together with the requisite $1,995 vacation spot and supply cost. That is a discount of $9,979 from the underside line earlier than making an allowance for any federal or state EV incentives or rebates. The F-150 is one in every of solely a handful of EVs eligible for the Inflation Discount Act’s $7,500 tax credit score, bringing the adjusted beginning worth to round $44,490, all mentioned and performed.

Ford estimates it is going to be in a position to ship as much as 150,000 Lightnings yearly as soon as manufacturing ramps up.

Ford

Working up the trim degree hierarchy, F-150 Lightning XLT and XLT Prolonged Vary packages are discounted from $8,479 to $9,479. Lariat and Lariat Prolonged Vary costs are lower by $6,979 and $8,479, respectively. And on the prime of the lineup, the Platinum Prolonged vary now begins at $93,990, or $6,079 lower than earlier than. Ford can be briefly providing an extra $1,000 off as a bonus to prospects who place an order for an XLT, Lariat or Platinum pickup by means of the top of July at Ford.com.

Up to date F-150 Lightning costs

Trim degree Earlier worth w/ vacation spot Up to date worth w/ vacation spot Discount
F-150 Lightning Professional $61,969 $51,990 $9,979
F-150 Lightning XLT 311A $66,469 $56,990 $9,479
F-150 Lightning XLT 312A $70,469 $61,990 $8,479
F-150 Lightning XLT 312A Prolonged Vary $80,869 $71,990 $8,879
F-150 Lightning Lariat 510A $78,969 $71,990 $6,979
F-150 Lightning Lariat Prolonged Vary $87,969 $79,490 $8,479
F-150 Lightning Platinum Prolonged Vary $100,069 $93,990 $6,079

The cheaper price, elevated availability and Ford’s not too long ago introduced partnership with Tesla to grant entry from early subsequent 12 months to greater than 12,000 Supercharger quick charging stations by way of an adapter, places the F-150 Lightning — our prime choose for the greatest electrical truck — in a stronger place and helps batten down the hatches in preparation for a wave of recent opponents, together with the Chevrolet Silverado EV, the GMC Sierra EV, Ram’s 1500 REV and Tesla’s Cybertruck within the coming months.



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