Posted on 05/02/2023 12:38:08 PM PDT by Red Badger
WASHINGTON, May 2 (Reuters) - Ford Motor Co (F.N) said on Tuesday it is cutting prices on its Mustang Mach-E electric vehicle and reopening orders after a series of price cuts by rival Tesla Inc (TSLA.O), the second time it has reduced prices this year.
The No. 2 U.S. automaker said it is also increasing the range for standard-range battery models as it increases production in the second half of the year.
Ford said it is cutting most Mach-E prices by $3,000 or $4,000 depending on the version or by as much as 7.8%. The price of the Mach-E Premium rear-wheel drive version is dropping from $50,995 to $46,995.
Ford shares were down 2.7% at $11.73 at midday on Tuesday.
Last month, the federal EV tax credit for the Mach-E fell by half to $3,750 from $7,500 after new battery sourcing requirements took effect.
Mustang Mach-E U.S. sales fell 20% in the first three months of the year.
(Excerpt) Read more at reuters.com ...
Most folks don’t understand that it isn’t how good you can go, it’s how good you can WHOA! when driving in the devil’s dandruff.
I don't worry about people walking in front of me in parking lots at church or whatever. Why? Because I've got the stereo loud listening to stuff like David and the Giants or Third Day or Barren Cross. LOL
Maybe it’s the 2023 ‘Pace Car’!..............
Mustang Mach-E.....pronounced Mustang MOCKEY............
The i3 stickered close to $60k when new. When we bought it, it had 16-thousand miles and we paid less than 20k for a 4-year old EV.
The car was a “spare” that we kept up north as our other car was in Florida. Carvana paid us $20k+ last spring when we sold our Florida property. So we drove it 2-years, put about 20-thousand miles on it and made money on the re-sell.
I think the timing was right as there were no new cars on the lots and used were getting a premium.
The car was, for us, an experiment to see if an EV would meet our driving needs. This car had the range extender so I was never worried about range. Surprisingly, it worked well for us. It was roomy, loaded, and fun to drive.
We considered the VW ID-4 when we went car shopping last fall. The dealer wouldn’t discount the car so we bought the Tiguan instead.
in our situation, an EV would have worked, but it was never intended to be more than a commuter vehicle. If we still had our Florida property, I’d never consider attempting to make the commute with today’s infrastructure.
those are installed dealer options on a street car, yes?
my question is what kind of modifications can the owners make to improve performance?
Glancing around a bit, Ev modifications seem to come in the form of braking, suspension, and aerodynamic upgrades. From what I can tell, isn't much in the way of power train upgrades.
Teslas everywhere in Orlando. Ugly car imo.
Right, EVs are great for the “city car” or commuter car use case. We should be happy to let them fill that niche for the time being while the R&D percolates. Then if/when the tech breakthroughs necessary to make them viable for other roles occur, EVs can start filling those roles. There’s a sensible progression to all this if we’re smart about it IMO.
At 60k per EV you can stuff it.
Thanks for chiming in.
thx...
“I guess they didn’t think it was ugly enough so they painted it baby sh!+ orange “
So they can find you when the battery dies in a blizzard.
LOL! Good stuff.
I like it.
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