Ford reduces Mustang Mach-E production costs by USD 5,000
While Ford is planning to bring a future EV crossover with a price tag of USD 25,000 when it launches in 2026, the company has been working to drive down the costs of its existing EVs – like the Ford Mustang Mach-E – which it has managed to do in recent years, as CFO John Lawler revealed during the company’s Q1 2024