Ford Continues Price Cuts on Mustang Mach-E Electric Cars

1 min read
Source: The Verge
Ford Continues Price Cuts on Mustang Mach-E Electric Cars
Photo: The Verge
TL;DR Summary

Ford has announced significant price cuts for the 2023 Mustang Mach-E, with one version now priced below $40,000, as the automaker continues to compete with Tesla in the EV market. The price reductions reflect a softening demand for EVs and the need to adapt to market conditions. Ford is also offering new incentives for leased vehicles, including a $7,500 "Red Carpet Lease cash incentive," in addition to the federal EV tax credit.

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