Ford hikes price of cheapest F-150 electric truck variant to nearly $56,000
Ford Motor Co (F.N) has raised the price of the cheapest variant of its F-150 Lightning electric truck by 9% to $55,974, the company's website showed on Thursday, News.az reports citing Reuters.
The automaker has raised prices for its electric pickup trucks twice in a span of three months, as it navigates higher costs and supply chain snags.
Automakers across the globe, including Tesla Inc (TSLA.O) and Rivian Automotive Inc (RIVN.O) are also struggling with higher prices of raw materials such as lithium and have warned that high costs were here to stay.
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