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The 2023 Ford F-150 Lightning pickup truck receives its 1st selling price improve considering that launching very last Could, and it really is a steep one particular. Foundation Lightning Professional models jump from $41,669 to $48,769, together with a $1,795 destination fee, even though top Platinum grades with an prolonged-assortment battery enhance $6,100 to $98,669, Ford disclosed Tuesday. 

Steep price boosts have become commonplace for electric automobiles this 12 months, with Rivian, Tesla, and Lucid bumping prices to include product costs. Ford cited product expenses and “other variables” in modifying the Lightning’s MSRP when 2023 buy textbooks open up on Thursday. Ford also mentioned that reservation holders who put an order already but are nevertheless awaiting their trucks would not be influenced by the selling price improves. 

“Current purchase holders awaiting delivery are not impacted by these cost changes,” Marin Gjaja, main shopper officer, Model E, reported in a assertion. “We’ve introduced pricing ahead of re-opening order banking companies so our reservation holders can make an knowledgeable choice all over buying a Lightning.”

Reservation holders who gained an invitation to get but decided to wait around mainly because their desired truck trim wasn’t accessible will acquire a private offer you, Ford suggests.

It seems like sector understanding realized from the blowback when Rivian announced a value raise for reservation holders of the R1T pickup truck. Two times immediately after the backlash, Rivian honored the pre-price tag increase of $12,000. Virtually each individual automaker has elevated costs throughout the model line for the 2023 product calendar year so far, but electric powered vehicles have seen the biggest sticker shock. On June 1, Lucid raised charges by $15,000 for its Air luxury sedan, and Tesla adopted with at the very least its seventh value hike considering that 2020 throughout its EV lineup. 

The only automaker to buck the craze so much this yr was Chevy, which slashed charges of the 2023 Chevrolet Bolt electric powered hatchback by almost 20% to start off at $26,595. 

The 17.5% price increase on the foundation Lightning Professional comes with an increased selection from 230 miles to 240 miles with the conventional 98-kwh battery pack. The base Pro is only offered to fleet customers for now, nevertheless. The normal-assortment battery can be experienced on the XLT for $61,269 (an maximize of $6,600), and the Lariat for $76,269 ($7,100 much more). 

Products with the 131-kwh extended-selection battery pack with a 320-mile array estimate also get a value boost. The XLT Significant jumps $8,500 to $80,974, the Lariat to $85,974, and the Platinum extended array tops the lineup with a $6,100 raise to $98,669. 

The 2023 F-150 Lightning can be geared up with Ford’s Pro Trailer Hitch Support that controls steering, braking, and throttle when hitching up a trailer. A police-ready Specific Services Car or truck Offer was declared at the conclude of July.  

Ordering for the marketed-out electric powered pickup truck reopens Thursday.