Ford Slashes Prices on F-150 Electric Pickup Truck

Ford Slashes Prices on F-150 Electric Pickup Truck
The Ford F-150 Lightning pickup truck during a press event in New York on May 26, 2021. Brendan McDermid/Reuters
Jack Phillips
Updated:
0:00

Ford on Monday confirmed it is slashing prices for its F-150 Lightning truck due to lower battery costs.

The Detroit-based automaker, which had raised Lightning prices earlier this year, said it was able to cut prices following improvements in scale and battery raw material costs. It came after Ford’s EV sales dropped 2.8 percent earlier this year, but the company said it was able to cut prices following improvements in scale and battery raw material costs.

Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
twitter
Related Topics