Ford announces fully electric version of popular F150, the F150 Lightning

The new version of the highly popular pickup truck is expected to go on sale in 2023 and will be aggressively priced, for an EV.

Ford is releasing an all electric version of their best-selling F-150 pickup truck with no compromises in HP or torque with power to share – photo courtesy Ford.com

Ford announced on Wednesday it’s newest electric vehicle, the Ford F-150 Lightning. The update to the North American best seller will have an impressive 300 mile (480 kilometre) range on a full charge. The massive battery will also be able to be used as a power generator on job sites and even power an average household for 3 days (according to Ford).

The electric version of the work horse will not compromise in power, offering 563 horsepower and 775 lb-ft of near instantaneous torque. The F-150 Lightning specs are greater than any currently available version of the F150. The vehicle will support a maximum 2,000lbs payload and up to 10,000lbs towing capacity. At a press event in Michigan where the US President was invited to test drive the vehicle, Joe Biden was heard describing the vehicle by saying “This sucker’s quick”.

Ford is pricing the vehicle aggressively, targeting fleets for rapid volume deliveries and hopefully reduce costs over time. The entry level version is priced at USD$39,974, while the mid-level XLT model will start at USD$52,974. Canadian pricing is slightly higher, with an approximate CAD$10,000 price tag premium over the US converted price (currently USD$39,974 is equal to CAD$48,216 but the entry level vehicle has a $58,000 price tag in Canada).

Read the Ford press release https://media.ford.com/content/fordmedia/fna/us/en/news/2021/05/19/all-electric-ford-f-150-lightning.html