Ford’s slashing Mustang Mach-E prices in latest volley in EV price wars

TL;DR

A little more than six months after it raised prices on the Mustang Mach-E, Ford said it would now be slashing prices on its flagship electric vehicle as well as increasing its production targets for the year. ”At present, the only versions of the Mach-E that qualify for the tax credit are the Select RWD and eAWD Standard Range trims, both of which fall under the MSRP limit of $55,000 for non-SUVs. Last year, the company’s chief financial officer said that rising commodity prices as a result of inflation had wiped out the vehicle’s margins

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