Allpar Forums banner
1 - 9 of 9 Posts

·
Registered
Joined
·
14,872 Posts
Discussion Starter · #1 ·
From the article:

When the upcoming Ford F-150 Lightning was first revealed, many people were shocked by its $40,000 starting price. Gas-powered pickup trucks aren't cheap, and pricing rises rapidly as soon as you start to choose options and specific configurations, so it makes sense that many folks expected the electric F-150 to be quite pricey.

However, it soon became clear that the low price was for a short-range work truck. The XLT model, which is geared toward typical consumers, starts at around $53,000, which is still impressive, though that price doesn't get you the truck's maximum range. Fully loaded, and with the longest range, the Lightning is priced at north of $90,000.

These prices may not seem comparable to a gas-powered Ford F-150, but if you do your homework, you'll learn that they're pretty close. If you head to Ford's site and build various F-150 trims and make sure the features are comparable to what the Lightning electric pickup truck offers, you'll see that there's almost price parity.

Factor in the $7,500 US federal tax credit, and you should be able to get into an F-150 Lightning for less money than a comparably capable and similarly equipped gas-powered model.

Full article here:

Ford F-150 Lightning Is Priced Much Like Gas F-150, But How? (insideevs.com)
 

·
Move along, nothing to see here
Joined
·
2,544 Posts
The cheaper short range ones will absolutely take over in-city fleets. Lots of trucks out there work all day and only go 100-150 km.
 

·
Registered
Joined
·
596 Posts
From the article:

When the upcoming Ford F-150 Lightning was first revealed, many people were shocked by its $40,000 starting price. Gas-powered pickup trucks aren't cheap, and pricing rises rapidly as soon as you start to choose options and specific configurations, so it makes sense that many folks expected the electric F-150 to be quite pricey.

However, it soon became clear that the low price was for a short-range work truck. The XLT model, which is geared toward typical consumers, starts at around $53,000, which is still impressive, though that price doesn't get you the truck's maximum range. Fully loaded, and with the longest range, the Lightning is priced at north of $90,000.

These prices may not seem comparable to a gas-powered Ford F-150, but if you do your homework, you'll learn that they're pretty close. If you head to Ford's site and build various F-150 trims and make sure the features are comparable to what the Lightning electric pickup truck offers, you'll see that there's almost price parity.


Factor in the $7,500 US federal tax credit, and you should be able to get into an F-150 Lightning for less money than a comparably capable and similarly equipped gas-powered model.

Full article here:

Ford F-150 Lightning Is Priced Much Like Gas F-150, But How? (insideevs.com)


BEV’s not only have a lot fewer parts than a comparable ICE vehicle, the labor costs to assemble are less - due to fewer parts and less complexity. I do realize there have been massive developmental costs.

The auto industry has decided to price BEV vehicles at or higher than a comparable ICE vehicle, which is a long-term strategy to increase profits, instead of pricing them lower due to lower material and labor costs.

A similar strategy is used when ICE vehicles are assembled in Mexico with significantly lower labor costs, but the vehicles are priced very close to the price of ICE vehicles assembled in the USA or Canada.
 

·
Registered
Joined
·
14,872 Posts
Discussion Starter · #4 ·
BEV’s not only have a lot fewer parts than a comparable ICE vehicle, the labor costs to assemble are less - due to fewer parts and less complexity. I do realize there have been massive developmental costs.

The auto industry has decided to price BEV vehicles at or higher than a comparable ICE vehicle, which is a long-term strategy to increase profits, instead of pricing them lower due to lower material and labor costs.

A similar strategy is used when ICE vehicles are assembled in Mexico with significantly lower labor costs, but the vehicles are priced very close to the price of ICE vehicles assembled in the USA or Canada.
Labor costs are not a significant impact anymore on vehicle cost. It was 50 years ago. But that is not true today.

Electrification costs more than ICE and will cost more for some time. Until the technology settles, this will be the reality.
 

·
Registered
Joined
·
2,205 Posts
BEV’s not only have a lot fewer parts than a comparable ICE vehicle, the labor costs to assemble are less - due to fewer parts and less complexity. I do realize there have been massive developmental costs.

The auto industry has decided to price BEV vehicles at or higher than a comparable ICE vehicle, which is a long-term strategy to increase profits, instead of pricing them lower due to lower material and labor costs.

A similar strategy is used when ICE vehicles are assembled in Mexico with significantly lower labor costs, but the vehicles are priced very close to the price of ICE vehicles assembled in the USA or Canada.
The battery costs are still very high. You can't look at the cheap electric motor costs without also factoring in battery cost.
 

·
Registered
2008 Jeep Wrangler, 2018 Ram 2500
Joined
·
215 Posts
Lithium-ion battery pack prices, which were above $1,100 per kilowatt-hour in 2010, have fallen 89% in real terms to $137/kWh in 2020. By 2023, average prices will be close to $100/kWh, according to the latest forecast from research company BloombergNEF (BNEF). Battery Pack Prices

I think as battery plants are expanded to North American, and the elements are mined in Canada, the US, and Greenland the cost of batteries will drop dramatically. Within ten years the cost of a BEV should drop below ICE. Part may be government incentives (BEV), restrictions (ICE) and part may be increased production of batteries.
 

·
Registered
Joined
·
99 Posts
High price of full size pickups combined with volume. Without demand for the F150, it would be priced starting at $20-30k. Far cheaper than the 53k starting for the Lightning. The high sales volume of the platform reduces costs on things not related to the drive train. New battery technology.
 

·
Registered
Joined
·
2,205 Posts
Lithium-ion battery pack prices, which were above $1,100 per kilowatt-hour in 2010, have fallen 89% in real terms to $137/kWh in 2020. By 2023, average prices will be close to $100/kWh, according to the latest forecast from research company BloombergNEF (BNEF). Battery Pack Prices

I think as battery plants are expanded to North American, and the elements are mined in Canada, the US, and Greenland the cost of batteries will drop dramatically. Within ten years the cost of a BEV should drop below ICE. Part may be government incentives (BEV), restrictions (ICE) and part may be increased production of batteries.
I don't think voters will put up with the ICE restrictions in the US, and the future of incentives is in doubt at the federal level, variable for states.
 
1 - 9 of 9 Posts
Top