All articles tagged with #mustang mach e
Ford is recalling nearly 273,000 vehicles, including F-150 Lightning, Mustang Mach-E, and Maverick models, due to a parking function failure that could cause cars to roll away, with software updates available to fix the issue.
A Mustang Mach-E owner shares a simple menu adjustment that significantly improves the vehicle's range after a noticeable decline, emphasizing the importance of resetting driving history and adopting efficient driving practices to maximize electric vehicle autonomy and promote wider adoption.
Despite scaling back its EV strategy due to slower-than-expected demand, Ford's electric vehicle sales surged by 64.7% in May 2024, with significant growth in models like the Mustang Mach-E and F-150 Lightning. The company sold over 37,200 EVs in the first five months of the year, nearly doubling last year's figures, even as it plans to focus more on hybrids.
Ford has introduced a 0% APR offer for 48 months on the 2024 Mustang Mach-E, following significant price cuts earlier this year. This move aims to boost sales further, as Ford's EV sales surged 86% in Q1, making the Mustang Mach-E the second best-selling electric SUV in the US. The new offer makes the Mach-E up to $5,000 cheaper than earlier this year, though it is only available in select states.
Ford has unveiled the 2024 Mustang Mach-E with improved range, faster charging, and quicker acceleration, aiming to compete with Tesla in the EV market. The new model offers extended battery range, reaching up to 320 miles, and accelerates from zero to 60mph in 3.3 seconds. It can charge from 10 to 80 percent in 36.2 minutes with the extended range battery, marking an 8.8-minute improvement. Ford's adjustments come in response to Tesla's dominance and price cuts, reflecting the evolving landscape of EV sales and charging infrastructure.
Ford's U.S. EV sales surged 81% in February 2024, with all-electric vehicle sales amounting to 6,368, marking an 81% increase from a year ago. The company's all-electric vehicle share out of its total volume improved to 3.8%, compared to 2.3% a year ago. The growth was driven by all three Ford EV models, including the Mustang Mach-E, F-150 Lightning, and E-Transit. Ford's access to the Tesla Supercharger network via an adapter is expected to further drive sales, with the rest of the American auto industry following suit with similar deals soon.
Ford Motor Co. is offering a special price break of $2,750 for its employees, family members, and friends on the electric 2023 Mustang Mach-E, in addition to price cuts of up to $8,100 and 0% interest offers. The company has increased production of the Mach-E but reduced it due to slower demand, and the price reductions do not apply to 2024 models. Ford CEO Jim Farley and CFO John Lawler have acknowledged that the company is currently losing money on its electric vehicles, which is being offset by profits from gas-powered and hybrid pickups.
Ford is reducing the prices of its 2023 Mustang Mach-E electric SUVs by up to $8,100 and offering 0% APR financing for 72 months or a $7,500 lease incentive. The discounts apply to leftover 2023 stock, with the base model Select RWD receiving a $3,100 price drop and the Premium RWD and California Route 1 AWD getting an $8,100 decrease. These changes make the Premium RWD model as affordable as the Select AWD model, providing upgraded interior features at no extra cost.
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.
Ford has reduced prices for its 2023 Mustang Mach-E models in the US, with discounts of up to $8,100 and added incentives for F-150 Lightning. The company aims to adapt to slower EV demand and boost sales growth by making the Mach-E more affordable through lower MSRPs and lease programs, including a $7,500 cash incentive and 0% financing for 72 months. Additionally, new bonus cash incentives for certain trims of the 2023 F-150 Lightning have been introduced, making it an attractive option for potential buyers.
Ford has reduced the prices of its 2023 Mustang Mach-E electric SUV by up to $8,100 and is offering 0% financing for 72 months to qualified buyers, aiming to compete with Tesla and attract budget-conscious customers. The price cuts range from $3,100 to $8,100 depending on the model, with the Premium RWD, extended range seeing the largest reduction. Ford's move comes as it aims to make way for the 2024 Mach-E and responds to consumer demand for more affordable electric vehicles in a competitive market.
Ford unveils the 2024 Mustang Mach-E GT Bronze Appearance Package, featuring 20" Sinister bronze-painted wheels, a bronze mesh front grille, and optional performance upgrade promising the quickest 0-60 mph time of any Mustang Mach-E. The new edition will be available in three body colors and is set to start at $60,990 with orders opening this winter. This announcement follows Ford's release of the F-150 Lightning Switchgear and the expansion into new territory with the off-road Mustang Mach-E Rally car.
Ford Motor stated that it is unlikely that the Mustang Mach-E electric vehicles currently in dealer showrooms will qualify for federal tax credits starting in January due to new battery sourcing restrictions aimed at reducing reliance on China. The company is still reviewing whether its F-150 Lighting EV truck will qualify for tax credits after January 1. Ford has sold 35,908 Mach-E EVs in the US this year and has cut some Mach-E production. The automaker also postponed $12 billion in EV investments and temporarily reduced production at its Michigan plant due to supply chain issues.
Ford expects that its electric Mustang Mach-E will no longer qualify for the federal EV tax credit starting from January 1, 2023, due to changes in the Inflation Reduction Act. The changes will impose more restrictions on EVs, particularly those with battery components from foreign entities of concern, such as China. Ford anticipates that the Mach-E will be impacted by these changes, likely due to its CATL-supplied LFP batteries. However, qualified customers can still avail of a $3,750 credit if they purchase the Mach-E before the end of the year. The Ford F-150 Lightning, on the other hand, is not expected to be affected by the changes and continues to qualify for up to $7,500 in savings, except for the Platinum version.
Ford is recalling 35,000 Mustang Mach-E electric vehicles in the United States due to potential power loss caused by overheating high voltage battery main contactors. This follows an investigation by the National Highway Traffic Safety Administration (NHTSA) into Ford's previous recall of 49,000 Mach-E vehicles in June 2022. The initial recall involved a software update, but the new recall, limited to extended range vehicles, includes a replacement high voltage battery junction box. Ford has reported 107 instances of contactor overheating resulting in power loss after the previous recall, but no crashes or injuries have been reported.