DEARBORN, Mich. – Ford is ramping up production of its Mustang Mach-E electric SUV in a bid to reduce wait times and prices. The move is part of the Ford+ Plan, and is aimed at maintaining the Mustang Mach-E’s competitiveness in the electric vehicle (EV) market. The Mustang Mach-E offers a 0-60 mph acceleration, with a range of over 300 miles on a single charge and zero emissions.
Two-thirds of Mustang Mach-E customers come from non-Ford brands, and the model was the third most popular EV in the US last year. The increased production and adjusted pricing is aimed at strengthening Ford’s position as the second largest EV manufacturer in the US.
“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 at Ford Model e.
The company is also offering special financing rates of as low as 5.34% through Ford Credit on Mustang Mach-E vehicles ordered between January 30 and April 3, 2023.
“This is a natural companion to the new Mach-E pricing,” said 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.”
About – Ford Motor Company is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with customers to enrich experiences for and deepen the loyalty of those customers. The company develops and delivers innovative, must-have trucks, sport utility vehicles, commercial vans and cars and Lincoln luxury vehicles, as well as connected services. Additionally, Ford is establishing leadership positions in mobility solutions, including self-driving technology, and provides financial services through Ford Motor Credit Company. The company employs about 176,000 people worldwide