Ford’s electric F-150 Lightning is getting a $4,000 price hike | Daily News Byte

Ford has raised the price of its F-150 Lightning pickup again — this time, by about $4,000 (via CNBC). The increase affects both the entry-level Pro model for business customers and the consumer-focused XLT trim with no additional options, which now start at $55,974 and $63,474, respectively.

For comparison, the Pro work truck initially started at $39,974 when it launched in April, but subsequent price increases brought the price up to $46,974 in August and $51,974 in October. The base XLT, on the other hand, launched with a sticker price of $52,974 before that rose to $59,474 a few months later.

“Price adjustments are a normal course of business due to rising material costs, market factors and ongoing supply chain constraints,” Ford spokeswoman Elizabeth Kraft said. The Detroit News, noting that existing vehicle orders are not affected. Ford did not immediately respond The Vergeby request for comment.