Ford to Increase Production of Mustang Mach-E in 2023, Reduces Prices

Ford is increasing production of the Mustang Mach-E this year and reducing prices across the board. The company says the updated pricing is part of its plan to keep the SUV competitive in a rapidly changing market, while strengthening Ford’s position as the No. 2 EV manufacturer in the US.

The Mustang Mach-E offers EPA-estimated 300+ mile range and zero tailpipe emissions.

It is available with BlueCruise hands-free driving on more than 130,000 miles of highway and can be updated through over-the-air Ford Power-Up software updates. 

It was the No. 3 EV model in the U.S. in 2022.

In addition to adjusted pricing, Ford Credit will be offering special rates as low as 5.34% on Mustang Mach-E vehicles ordered between Jan. 30 and April 3, 2023.

Marin Gjaja, Chief Customer Officer, Ford Model e, says: “We are not going to cede ground to anyone. We are producing more EVs to reduce customer wait times, offering competitive pricing and working to create an ownership experience that is second to none. Our customers are at the center of everything we do – as we continue to build thrilling and exciting electric vehicles, we will continue to push the boundaries to make EVs more accessible for everybody.”

“This is a natural companion to the new Mach-E pricing,” adds Craig Carrington, Ford Credit executive vice president for North America. “The offer is straightforward and competitive, enabling customers to lock in today’s rates, even if rates go up between order and delivery.”

Ford already offers EV customers a full-size truck, SUV and van – and has secured the batteries and raw material to scale production of all these models in 2023.