Ford slashes Mach-E prices, increases production capacity to 130,000
Ford made a surprising announcement earlier today, reducing the price of its popular Mustang Mach-E electric crossover as well as increasing the production capacity of the vehicle to 130,000 units annually.
Perhaps it's a response to Tesla's recent price cuts, perhaps just a coincidence, but now every Mach-E configuration comes at a lower price. Ford even put out a neat table with updated prices of all configurations. Even the bigger battery for the Extended Range option asks $1,600 less.
| Configuration | Old price | New price | Delta |
|---|---|---|---|
| Select RWD Standard Range | $46,895 | $45,995 | $900 |
| Select eAWD SR | $49,595 | $48,995 | $600 |
| California Route 1 eAWD Extended Range | $63,575 | $57,995 | $5,580 |
| Premium RWD Standard Range | $54,975 | $50,995 | $3,980 |
| Premium eAWD Standard Range | $57,675 | $53,995 | $3,680 |
| GT Extended Range | $69,895 | $63,995 | $5,900 |
| Optional packages | |||
| Extended Range Battery | $8,600 | $7,000 | $1,600 | Nite Pony Appearance Package | $800 | $800 | $0 | GT Performance Package | $6,000 | $6,000 | $0 |
Regarding production, Ford announced that it's nearly doubling its production capacity to 130,000 units a year, up from 78,000. In fact, the company says that it could aim for a higher number in the near future, but the initial plan is to hit 130,000 units in 2023. The announced price cuts will probably help with that.
Reader comments
- Fearghast
- ps1
True, but it can even mean the demand is really low, or they managed to finally get part of the battery supply in check ;)
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