Ford is reopening the reservations books for the electric F-150 Lightning on Thursday, as manufacturing catches up with call for.

The automaker had stopped taking new reservations in May after receiving over 200,000 because it ramped up production of the battery-powered complete dimension pickup.

The beginning value for the 2023 F-150 Lightning has been larger $7,000, then again, with the access degree business Pro type now indexed at $46,974, up from $39,974 when it first went on sale.

Other trims have won identical will increase, with the highest of the road Platinum up $6,400 to $96,874 earlier than vacation spot charges are added. A Ford spokeswoman instructed FOX Business the cost adjustment is essentially the results of the emerging fabrics prices affecting the car trade.

The unique decrease pricing can be commemorated for present reservation holders.

“We’ve introduced pricing forward of re-opening order banks so our reservation holders could make an educated resolution round ordering a Lightning,” mentioned Marin Gjaja, leader buyer officer of Ford’s new Model e department that handles electrical automobiles.

All of Ford’s electrical automobiles nonetheless qualify for the prevailing $7,500 federal tax credit score, even though it’s unclear how the adjustments to subsidy contained in Inflation Reduction Act will have an effect on them whether it is handed into legislation.

Ford does have some excellent information for brand spanking new F-150 Lightning patrons, as the variability of vans supplied with the usual vary battery pack has been larger from 230 miles to 240 miles.

It could also be including a brand new Pro Trailer Hitch Assist function that robotically controls the brake and throttle whilst connecting a trailer to the automobile.