Ford has slashed costs on its 2023 F-150 Lightning electrical truck, with the bottom mannequin’s value dropping virtually $10,000 in a single day.
The corporate says “elevated plant capability, continued work on scaling manufacturing and price, and bettering battery uncooked materials prices” have come collectively to make the value cuts doable.
The corporate might have additionally scaled up manufacturing sooner than demand has grown – sellers are presently oversupplied with electrical automobiles (EVs) in some elements of the nation. Demand for EVs is rising, however not as quick as provide of some fashions.
The 2023 Ford F-150 Lightning is a full-size pickup with ranges between 240 and 320 miles relying on trim stage. Our skilled take a look at driver discovered it had “greater than sufficient muscle for many necessities, even for work vans,” although vary falls considerably when towing as much as its 10,000-pound restrict. It presents blistering acceleration for a truck – zero to 60 mph in 4.5 seconds for prolonged vary fashions – and useful expertise like an obtainable built-in scale that weighs payload.
It took dwelling our inaugural Greatest Purchase Award amongst electrical vans this yr.
It’s additionally the one electrical full-size truck presently in the marketplace. Startup Rivian’s R1T is a midsize truck. Rival startup Lordstown Motors has entered chapter safety and not seems to be taking orders for its Endurance full-size truck.
However the competitors is seen within the Lightning’s rearview mirror. Chevrolet has a Silverado EV on the best way for the 2024 mannequin yr. Ram will comply with shortly after with its 2025 Ram 1500 REV. Telsa has delayed the introduction of its Cybertruck electrical truck a number of occasions, however the firm could also be nearer to a remaining reveal than it was final month. Tesla on Saturday posted a picture of the primary pre-production prototype of the truck at its Texas meeting plant.
2023 Ford F-150 Lightning Pricing:
Ford additionally expenses a $1,995 vacation spot charge on all Lightning fashions. The corporate says it’s providing a $1,000 bonus for purchasers who order an XLT, Lariat, or Platinum Lightning via a dealership as an alternative of on-line till July 31.
Lightning fashions with value tags of $80,000 or much less are eligible for a $7,500 federal tax credit score.
| Trim | Previous Value | New Value | Value Change |
| Professional | $59,974 | $49,995 | $9,979 |
| XLT 311A | $64,474 | $54,995 | $9,479 |
| XLT 312A | $68,474 | $59,995 | $8,479 |
| XLT 312A Prolonged Vary | $78,874 | $69,995 | $8,879 |
| Lariat 510A | $76,974 | $69,995 | $6,979 |
| Lariat Prolonged Vary | $85,974 | $77,495 | $8,479 |
| Platinum Prolonged Vary | $98,074 | $91,995 | $6,079 |
