Ford CEO Explains F-150 Lightning Price Hikes via insideevs.com
Only two months after starting customer deliveries of the 2022 F-150 Lightning, Ford has bumped pricing on its all-electric pickup truck by as much as $8,500, depending on the trim level., Ford cited"significant material cost increases and other factors" as the main reasons for the price hikes. Now, CEO Jim Farley has provided more details about the price adjustment.
Besides working towards offering cheaper LFP batteries in the future, Ford is also looking at solid-state batteries as an alternative in the future. The company has invested in Colorado-based battery startupSolid-state batteries are said to offer more range, shorter recharging times and a lower risk of fires that today's batteries.
and BMW by the end of the year. However, the technology is still at least a few years away from reaching production.
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