Ford Raises Price of F-150 Electric Truck as Inflation Bites

[Epoch-Times-Bot]

Ford Raises Price of F-150 Electric Truck as Inflation Bites

Ford Motor Co. is raising the price of its electric truck F-150 Lightning Pro for the 2023 year model by nearly 11 percent, seeking to cushion the hit from ongoing supply chain snags and decades-high inflation, a spokesperson for the automaker said on Wednesday.
The price of the new model has been set at $51,974 compared to $46,974 earlier, due to “ongoing supply chain constraints, rising material costs and other market factors,” the spokesperson said.
U.S. automakers including EV giant Tesla Inc. and Rivian Automotive Inc. have also raised prices for their vehicles this year, squeezed by tough economic conditions that have been worsened by the Russian invasion of Ukraine....

Source: Ford Raises Price of F-150 Electric Truck as Inflation Bites

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