DETROIT – Ford Motor on Tuesday mentioned it’s growing the beginning costs of its electrical F-150 Lightning pickup resulting from “vital materials price will increase and different elements.”

The Detroit automaker mentioned the value will increase – between $6,000 and $8,500, relying on the mannequin – won’t impression prospects who’ve ordered a automobile and are awaiting supply. They may impression an undisclosed quantity of reservation holders who haven’t but ordered a truck.

The beginning costs for the 2023 F-150 Lightning will now vary from about $47,000 to $97,000, up from roughly $40,000 to $92,000 for the 2022 model-year. Costs exclude taxes and delivery/supply prices.

Ford is the most recent automaker to extend pricing of its latest electrical automobile amid rising inflation and commodity prices. Normal Motors beforehand raised the value of its Hummer EV pickup by $6,250, whereas EV startups Rivian Automotive and Lucid raised the prices of their autos considerably greater than that. Tesla additionally has raised pricing this yr on its autos.

Uncooked materials prices for electrical autos greater than doubled throughout the coronavirus pandemic, in keeping with a current report by consulting and analysis agency AlixPartners.

Ford’s pricing will increase come forward of the automaker reopening ordering on Thursday for F-150 Lightning. The corporate late final yr introduced it had closed orders for the automobile after receiving greater than 200,000 nonbinding reservations for the truck.

It is unclear how lengthy prospects must watch for a brand new truck after they place an order. Ford has solely offered about 4,400 autos since starting deliveries in Could. A spokeswoman for the corporate mentioned deliveries of recent orders are scheduled to start this fall.

Beginning this fall, Ford on Tuesday additionally mentioned the electrical vary of F-150 Lightning fashions with a normal battery is predicted to extend by 10 miles to 240 miles. Vans with a bigger battery have a variety of as much as 320 miles.