Ford has announced that it is going to ramp up production of the Mustang Mach-E electric crossover in 2023. The Mustang Mach-E was the number 3 best selling EV in 2022, so Ford is hoping to move it up higher in the sales ranks by not only increasing production, but also reducing the pricing across the board.
“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,” said Marin Gjaja, Chief Customer Officer, Ford Model e.
The pricing for the 2023 Ford Mustang Mach-E now starts at $45,995, which is a $900 reduction. The model with the biggest price reduction is the GT Extended Range, which starts at $63,995, $5,900 cheaper than before. Ford also says that existing Mustang Mach-E customers awaiting delivery of their vehicle will automatically receive the adjusted price and for customers with a sale date after Jan. 1, 2023, and already have their Mustang Mach-E, Ford will also honor the updated pricing.
Lastly for buyers that decide to finance their Mustang Mach-E between Jan. 30 and April 3, 2023, Ford Credit will be offering special rates as low as 5.34%.