Ford again raises price of its F-150 Lightning electric pickup

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Ford again raises price of its F-150 Lightning electric pickup
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Ford is raising the starting price of its all-electric truck for the second time in recent months.

The new price tag for the 2023 F-150 Lightning Pro is $51,974, the company said. The increase is expected to affect only the Pro, its most affordable trim level.The Dearborn, Mich., auto maker said supply-chain problems, rising material costs and market factors were the main reasons for the increase in price.

Ford raised prices for all models of its F-150 Lightning truck in early August, less than four months after it began shipping the pickup to dealerships. At that time, the price for the F-150 Lightning Pro was $46,974.Markets break when interest rates rise fast: Here are the cracks.

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