Ford recently responded to Tesla’s price cuts by offering a reduction in price for their new EV vehicle, the Mustang Mach-E. The cost of Mustang Mach-Es has dropped by at most $6,000, depending on which model customers are looking to purchase. Ford also plans on reducing customer wait time by increasing the production of this highly popular EV. Marin Gjaja of Ford said, “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.”
— The Verge (@verge) January 30, 2023
The discount comes on the heels of Tesla announcing a 20% drop in price for Model Y vehicles. Which EV vehicle do you think is the best on the market and why?