Auto Experts Have a New Favorite Electric Vehicle (Hint: It’s Not a Tesla)

Ethel Walsh

A new electrical car or truck is stunning the automobile business and racking up a lot of accolades. And, no, it’s not a Tesla.

Ford’s F-150 Lightning electrical pickup truck is wooing vehicle specialists with its modern, unpretentious design and style, semi-autonomous driving method and a setting up variety of 240 miles-for each-demand on the 2023 product — all with a rate that doesn’t split the bank.

What the authorities say

Due to the fact vans have been the finest promoting autos in the region for some time, gurus say that if brands are serious about likely eco-friendly, they need to place forward extra appealing, electric pickup vans.

Ford’s F-150 Lightning is the best response, according to quite a few sector awards.

  • The Lightning also garnered Kelley Blue Book’s “Best Obtain” title for electric powered truck.

“When historians compose about the automotive revolution in the 2020s, the Ford F-150 Lightning will get center phase,” according to Edmunds’ writeup.

Keep in intellect

Relying on the product year, the retail rate for an F-150 Lightning begins amongst $46,000 (2022) and $56,000 (2023). When it is no small-funds option, when as opposed to the average price tag of other new EVs and pickups, it is a very good price.

  • According to Cox Automotive, the average price of a new automobile is closing in on $50,000. The most up-to-date stats clearly show that, in December, the average value of a new car achieved an all-time higher of $49,507.
  • Meanwhile, the normal selling price of new EVs, which is traditionally substantially greater than common vehicles, fell to $61,448.
  • The Lightning genuinely shines when stacked up against the expense of the normal whole-size pickup truck, which was $64,207 in December.

What’s much more, the 2022 F-150 Lightning is identified on the Section of Energy’s listing of automobiles as likely eligible for the new $7,500 EV tax credit that went into impact this year. According to the EV field publication Electrek, the 2023 design could be qualified for the credit rating as nicely.


Dollars Traditional

To rejoice our 50th anniversary, we have combed via decades of our print magazines to uncover hidden gems, intriguing tales and classic personal finance suggestions that have withstood the take a look at of time. Dive into the archives with us.

Sign Up


Extra from Cash:

7 Ideal Automobile Loan Charges of 2023

Why Fuel Selling prices Will Slide in 2023, According to Specialists

Just one Form of Vehicle Is Skyrocketing in Revenue Although the Rest of the Sector Is Slumping

© Copyright 2023 Dollars Group, LLC. All Rights Reserved.
This post originally appeared on Funds.com and may perhaps have affiliate one-way links for which Revenue receives payment. Views expressed in this post are the author’s by itself, not all those of a third-celebration entity, and have not been reviewed, authorised, or usually endorsed. Presents may possibly be subject matter to change with out observe. For more info, examine Money’s entire disclaimer.

The sights and opinions expressed herein are the sights and viewpoints of the author and do not necessarily reflect those people of Nasdaq, Inc.

Next Post

Criminals in cars stolen in New Orleans wreak havoc in neighboring parishes

METAIRIE, La. (WVUE) – Two armed theft suspects keep on being at significant and yet another man was arrested in two individual car or truck chases and crashes in considerably less than 12 hrs in Jefferson Parish. Both of those crashes associated autos stolen from New Orleans. In the initial […]
Criminals in cars stolen in New Orleans wreak havoc in neighboring parishes