Ford raised the base price of its F-150 Lightning electric pickup truck Aug. 9 following the passing of a bill by Senate Democrats that included a $7,500 federal electric vehicle tax credit.
The base model of the 2023 F-150 Lightning pickup will now cost $47,000, up from it’s original price of $40,000, according to CNN. More expensive models, such as the XLT High/Extended Range and the Lariat Extended Range have increased in price by $8,500, while other F-150 Lightning designs vary between $6,000 to $7,000 in price increases, according to the Detroit Free Press.