By Éric Descarries

Ford of Canada has just announced a price cut of up to 14 percent on its electric Mustang Mach-E, which translates into a discount from $2,250 to $11,000 based on the trim level chosen. The automaker is justifying the price cut as a way to increase production and better compete with Tesla Inc. in an effort to achieve market leadership. The most recent pricing reduction for the Mustang Mach-E was in January of this year, following Tesla’s price cut.

The price of the rear-wheel drive Mustang Mach-E Premium with extended range will be reduced by $11,000 to $66,995, while the eAWD Premium version will be reduced by $10,250 to $69,995. These prices do not include shipping and preparation fees.

Other examples include:

2023 Mustang Mach-E

Models                                                          Old Price       New Price      Savings

Premium RWD Standard:                             $64,995           $61,995           $3,000

Premium eAWD Standard:                           $67,245           $64,995           $2,250

Premium RWD Extended Range:                 $77,995           $66,995           $11,000

Premium eAWD Extended Range:               $80,245           $69,995           $10,250

California Route 1 eAWD Extended Range:            $79,120           $69,995           $9,125

Standard Mach-Es will now have lithium ion phosphate batteries which will give them 45 more horsepower. Rear-wheel drive models will have a range of about 402 km while all-wheel-drive models will have a range of about 364 km.

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