Ford is almost ready to take new F-150 Lightning orders — with a $7,000 price hike

Photo by Andrew Hawkins / The Verge

The order banks for the F-150 will be reopened after nearly nine months. The price for the electric truck has gone up by thousands of dollars.

The primary reason for raising the price is due to material cost increases. As a result of supply chain constraints, inflation, and greater demand for batteries and other components, the F-150 Lightning's price went up.

The original manufacturer's suggested retail price will be honored by Ford. The $100 deposit will have to be paid when reservations reopen.

Marin Gjaja said that current order holders waiting for delivery are unaffected by the price adjustments. Ahead of re- opening order banks, we have announced pricing so reservation holders can make an informed decision.

The new prices are summarized here.

The old price was pro old and the new price was pro old.

The old price was $52,000 and the new price was $60,474.

The old price was $62,474.

The old price was 73,970 and the new price was 80,970.

The old price was $68,074 and the new price was $74,000.

The old price was $77,000 and the new price was $85,970.

The old price was $92,668 and the new price was $96,874.

Ford is trying to make up for price increases by offering a few new features. For a total of 250 miles, the EPA estimated range of the standard range battery was increased by 10 miles. The Pro Trailer Hitch Assist technology will automatically hook up a trailer for you, as an added bonus.

If you think that the federal EV tax credit will help take the sting out of the price increases, you're wrong. The Ford F-150 is not eligible for a tax credit until at least 40% of its components are made in North America or a US trading partner.

Ford currently sources its batteries from CATL, a Chinese battery manufacturer, but it hopes to eventually build the battery packs in Georgia at a new facility it is building in partnership with South Korea.