Ford is increasing the starting prices of its electric F-150 Lightning truck by as much as $8,500 due to “significant material cost increases and other factors.” CNBC reports that Ford said on Tuesday that it would be increasing the starting prices of its electric F-150 Lightning pickup truck due to “significant material cost increases and other factors.” The automaker said that the price increases, which are between $6,000 and $8,500, will not impact customers who have already ordered the vehicle and are awaiting delivery. President Joe Biden infamously test drove an electric F-150 in 2021. Biden shared his opinion on the truck, saying ““This sucker’s quick.” James Farley, president and chief executive officer of Ford Motor Co. (Photographer: Emily Elconin/Bloomberg) In the front of the F-150, where the engine would be, is a large, easy-access storage trunk, commonly referred to as a frunk. (Youngrae Kim/Chicago Tribune/Tribune News Service via Getty Images) … [Read more...] about Bidenflation: Ford Boosts Price of Electric F-150 Lightning Truck Due to ‘Significant Material Cost Increases’