21 Feb 2024 | Ford Cuts EV Prices, Germany Rejects Tesla Plans and LG To Rescue Cybertruck?
EV News Daily - Technology and Business of EVs
Martyn Lee
4.8 • 749 Ratings
🗓️ 21 February 2024
⏱️ 17 minutes
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Ford Slashes Mach-E Prices Amid Sales Drop https://evne.ws/3wzH7gx
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| 0:00.0 | Welcome back to EV News Daily. Coming up today, Ford cuts EV prices. Germany rejects Tesla's |
| 0:05.4 | plans at LG to rescue the cyber truck. Well, we'll find out. Plus, stay tuned because later in |
| 0:11.1 | the show, I'll tell you what Dachia saying about their new spring EV being the cheapest electric car |
| 0:15.7 | on sale in Europe. Well, good morning, good afternoon or good evening, wherever you are in the world. |
| 0:20.1 | Evie News Daily is your trusted source of EV information. it's wednesday 21st of february i'm martin lee and i go |
| 0:26.0 | through every eb story so you don't have to we go live at 5 p m uk midday eastern patrian supporters |
| 0:32.3 | should get the episodes first though way in advance and ad-free more importantly if you don't |
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| 0:38.6 | on patreon to get your exclusive feed well ford has reduced the prices of its Mustang mark e electric car |
| 0:44.4 | by up to $8,100 following a significant sales decline in january the price adjustments affects the |
| 0:52.7 | 2023 Mustang mark e with the base price now 41695, including a |
| 0:58.6 | destination charge. The most substantial price cut is on the premium grade with the extended range |
| 1:04.0 | battery pack now starting at 47-696 with destination charge included. Well, Ford says the Mustang MacE is the second most popular |
| 1:14.1 | EV SUV in the US for last year, positioning themselves as the second biggest EV brand. The company |
| 1:21.0 | aims to balance sales, growth and customer value with these price deductions, they say. The price |
| 1:27.2 | reductions are specific to |
| 1:29.1 | the 2023 model year and will not apply to the upcoming 2024 Mustang Muck E Variants. That does |
| 1:36.1 | include the new Rally version and the updated GT variant performance version two. Ford's overall sales |
| 1:43.8 | was down 11% EV sales, down 11% in January. |
| 1:48.0 | The MACE's federal EV tax credit eligibility ended at the start of the month that impacted sales in the US. |
| 1:54.3 | The company also reduced MacE prices in Canada, indicating a broader strategy to revive their sales across North America. |
| 2:00.9 | Besides the MacE, Ford also adjusted pricing strategies for the F-150 Lightning electric pickup, |
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