Ford Motor has announced significant price cuts for all versions of its electric F-150 Lightning pickup, with the cheapest version now starting at about $50,000, a roughly $10,000 cut. The price cuts are a result of Ford's efforts to boost production and lower costs for battery minerals. However, the production increase has not been smooth, with only 4,466 Lightnings sold in the second quarter due to a fire incident that led to a five-week production shutdown.