Last week, Kia announced a $200 million investment into its EV plant in West Point, Georgia. continue to ramp up production with GM’s recent announcement to build a $3 billion EV battery center in Indiana and Hyundai and LR partnering on a $4.3 billion EV plant in Georgia. Ford F-150 Lightning debuts with a 39,974 starting MSRP, up to 300 miles of range, and 563 horsepower. The F-150 Lightning XLT ER starts at an MSRP of 80,974, so 8,500 (or 12 percent) above the initial price, while the top-of-the-line Platinum cost 96,874 (6,000 or 7 percent more). The price cuts arrive two days after Tesla rolled the Cybertruck off the assembly line and 10 days after the Elon Musk-led company offered its buyers an opportunity to earn extra incentives through referrals from existing customers, a marketing strategy typically used by traditional automakers like Ford and GM. Most F-150 Lightning models are eligible to receive a tax credit for as much as $7,500 from the Inflation Reduction Act, according to Ford. "We’ve continued to work in the background to improve accessibility and affordability to help to lower prices for our customers and shorten the wait times for their new F-150 Lightning."īeginning in early 2024, Ford said all F-150 Lightning customers will have access to over 12,000 Tesla Superchargers across the U.S. I am referring to the Ford Motor Company’s internal combustion F-150, which starts at 29,290 for the XL with the Regular Cab, rear-wheel drive, and 3. "Shortly after launching the F-150 Lightning, rapidly rising material costs, supply constraints and other factors drove up the cost of the EV truck for Ford and our customers," said Marin Gjaja, chief customer officer for Ford Model e.
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