2023 Ford F-150 Lightning electric pick-up becomes 40 per cent more expensive in four months

The 2023 Ford F-150 Lightning has been hit with yet another price hike in the US, marking the third time prices have increased for the electric pick-up in four months.

Ford has increased the price of the F-150 Lightning by $US4000 to $US55,974 ($AU83,612) for the workhorse Pro model – meaning the electric pick-up is now a significant 40 per cent more expensive than its original starting price of $US39,974 ($AU59,670), announced in May 2021.

It’s understood customers who already have orders placed will not be affected by the price change – the third in four months, following increases in August and October.

A statement issued to media outlets in the US by Ford cites “rising material costs, market factors, and ongoing supply-chain constraints” as the reasons behind its latest decision.