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Thursday 22 February 2024

Ford cuts Mach-E EV prices by thousands as sales plunge

Ford cut Mustang Mach-E prices by up to $8,100 after sales of the electric SUV reportedly fell by more than 50% in January.

The automaker has lowered prices on multiple 2023 Mustang Mach-E models, reducing the base price by $3,100 to $41,695 with the mandatory $1,800 destination charge. The biggest discount is offered on several other versions of the Mach-E, including the Premium grade with the Extended Range battery pack, which now starts at $47,696 with destination.

"The Mustang Mach-E is America’s No. 2 EV SUV in 2023 and Ford is America’s No. 2 EV brand," Ford noted, in a statement provided to Green Car Reports. "We are adjusting pricing for MY23 models as we continue to adapt to the market to achieve the optimal mix of sales growth and customer value." 

Read the whole story on greencarreports.com



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