Ford Hikes Price of Cheapest Electric F-150 Truck by $15,000 as Inflation Squeezes Auto Industry

Members of the media are given ride and drives with the Ford F-150 Lightning pickup truck at the Ford World Headquarters, prior to the Lightning's official launch at the Rouge Electric Vehicle Center in Dearborn, Mich., on April 26, 2022. Bill Pugliano/Getty Images

The cost of Ford Motor’s cheapest model of its F-150 Lightning electric truck has gone up by nearly 10 percent as the company battles against ongoing supply-chain issues and decades-high inflation.

According to the automobile manufacturer’s official website, the electric pickup truck now starts at approximately $55,974, marking a more than $15,000 increase compared to its original pricing.