Ford F-150 Lightning receives price cut, now costs $51,990

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Ford F-150 Lightning receives price cut, now costs $51,990
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The Ford F-150 Lightning electric truck received a $9,979 price cut and now costs $51,990.

and see the electric truck now priced from $51,990. That's down $9,979 from before but still up $10,321 from when the F-150 Lightning entered production in April 2022.

It means retail customers will have to upgrade to the F-150 Lightning XLT. It is now priced from $56,990, down $9,479 from before, when equipped with the 240-mile Standard-Range battery. A 320-mile Extended-Range battery is available for an extra $15,000, bringing the starting price up to $71,990, down $8,879 from before.

All figures include a $1,995 destination charge, and most Lightning models are eligible for $7,500 in potential Inflation Reduction Act tax credits, according to Ford. Ford said it was able to make the latest price cuts due to improved economies of scale at the truck's Rouge plant in Dearborn, Michigan. The plant is currently closed as Ford makes some final upgrades after which it will have a targeted annualThe latest cuts are also due to improved battery raw material costs, Ford said.

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