Ford (F) Slashes 2023 Mustang Mach-E Prices to Boost Sales
Ford MotorFord Motor(US:F) Zacks Investment Research·2024-02-22 17:06

Ford (F) has announced significant price reductions for its 2023 Mustang Mach-E to boost sales as the demand for electric vehicles (EVs) has not risen as expected. The price cut is expected to make the model more accessible, thereby helping Ford to solidify its standing in the highly competitive EV market.The Mustang Mach-E has quickly risen in popularity, becoming the second bestselling electric SUV in the United States in 2023. However, achieving this status required Ford to engage in a fierce price war w ...