Ford F-150 Lightning electric vehicle (EV) is facing another price hike. This a piece of shocking news for those planning to get their hands on the all-electric truck.

Since its debut, the F-150 Lightning saw a great deal of price increases, which now equates to roughly $20,000 collectively. It is now significantly more expensive than when it first saw the light of day.

(Photo : JEFF KOWALSKY/AFP via Getty Images)
Ford Motor Company unveils their new electric F-150 Lightning outside of their headquarters in Dearborn, Michigan on May 19, 2021.

Ford F-150 Lightning EV Price Hikes (Again)

The Ford F-150 Lightning is now one of the most sought-after EVs these days. After all, the American automaker considered it as its flagship all-electric vehicle.

But the pickup EV has received a couple of price hikes since it first got the shimmer of the spotlight. So it is now less affordable compared to its launch starting price last year or in 2022.

(Photo : JEFF KOWALSKY/AFP via Getty Images)
Ford Motor Company' logo is seen on the side of the building at the unveiling of their new electric F-150 Lightning outside of their headquarters in Dearborn, Michigan on May 19, 2021.

As per Reuters, the new base price of the electric F-150 is roughly 50% higher than its debut pricing. Considering that it is less than a year since its launch, the bump in its price was quick to inflate.

Meanwhile, according to a report by The Verge, the base price of the F-150 Lightning is now around $20,000 more expensive than its cost during its May 2022 debut. The subsequent price hikes that Ford applied in the past couple of months have led to this.

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New F-150 Lightning Pricing

The Verge notes in its report that the "Pro" variant of the F-150 Lightning now starts at $59,974, roughly a $4,000 increase. It is worth noting that it still excludes other extra fees like shipping charges.

(Photo : FREDERIC J. BROWN/AFP via Getty Images)
The all-electric F-150 Lightning from Ford is displayed at the Los Angeles Auto Show in Los Angeles, California on November 18, 2021

So if you are planning to get your hands on it, you will need to have an extra allowance on your budget. The shipping fee alone already adds $1,895.

The "XLT" variant is reportedly safe from the latest F-150 Lightning price hike. It is still selling to the tune of $63,474.

On the other hand, if you include the shipping cost, the "Lariat" option of the electric F-150 now starts at $77,869. It is no thanks to the $1,500 in its pricing.

Meanwhile, the most expensive trim, none other than the "Platinum" is now nearly $100,000. Thankfully, it is still a few dollars away. The $1,200 brought up its pricing to $99,969.

Here are the new price tag details of the F-150 Lightning:

• Ford F-150 Lightning XLT now sells for $63,474.
• F-150 Lightning Pro starts at $59,974.
• F-150 Lightning Lariat costs $77,869.
• F-150 Lightning Platinum is priced at $99,969.

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