Ford Motor Co. has cut the prices on its line of electric vehicle pickup trucks in an effort to challenge EV market leader Tesla. CNBC reported on Monday, that the Detroit, Mich.-based automaker said the reasoning behind the price reduction is to boost production of the vehicles, noting they saw improvements when the company achieved lower costs for battery raw material. Prices for the least expensive version of its versions of the F-150 Lighting will now start at $50,000, an $10,000 cut. Ford said that prices for all versions of its F-150 truck series will will drop by at least $6,000 from levels set in March 2024, according to CNBC. Now, the most expensive version of the Lig
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