Popular electric Ford truck gets massive price reduction

See Full Image Gallery >>

The electric Ford F-150 Lighting just got a lot cheaper. Citing factors such as increased plant capacity, efforts to scale up production to reap the rewards of economies of scale, and cheaper raw materials, the Blue Oval slashed the truck's base price across the entire line-up.

Lightning buyers still have four trim levels called Pro, XLT, Lariat, and Platinum, respectively, to choose from, and the middle two models remain available with two battery options (standard- and extended-range). Updating pricing for the full F-150 Lightning range is as follows:

• Pro: $51,990 ($9,979 less than the previous price)

• XLT: $56,990 ($9,479 less than the previous price)

• XLT Extended Range: $71,990 ($8,879 less than the previous price)

• Lariat: $71,990 ($6,979 less than the previous price)

• Lariat Extended Range: $79,490 ($8,479 less than the previous price)

• Platinum: $93,990 ($6,079 less than the previous price)

Note that these figures include a mandatory (and rather hefty) $1,995 destination charge and exclude any and all available incentives. While any price drop is noteworthy in an era where price hikes have become the status quo, it's important to point out that the drop follows several significant price increases announced over the past couple of months. We're still pretty far from the $40,000 base price Ford floated in 2021.