Not too long ago, Ford announced its plans to become the largest producer of EVs by the end of the decade. As a part of this goal, Ford is planning on tripling the production of the Mustang Mach-E electric SUV by 2023.
In response to promising consumer demand, Ford has released an annual production target of 200,000 units of the Mach-E (an increase from their original production target of 50,000 units/year). According to the automaker, the “average dwell time” for a Mach-E on dealership lots is only seven days, with most customers making the jump from competitor brands to the new electric SUV. But according to a report by Automotive News, the increase in Mach-E production comes at the cost of the upcoming Explorer and Aviator EVs, which were originally scheduled to reach dealers next year but have now been delayed by about 18 months.
Ford also revealed that “modest price increases” and new packages are to be expected for the 2022 models, as well as an exciting range increase for the California Route 1 edition. The price increases amount from US$1,000 to US$2,000 per model and up to US$3,000 with options which, notably, is a small increase compared with competitors such as Tesla that have been raising prices on anticipated EVs in a relatively abrupt manner this year.
The 2022 Mustang Mach-E now starts at US$43,895 ($56,427 CAD) and the Mustang Mach-E California Route 1 has an increased EPA estimated-range of 314 miles (506.9 km). Notably, the 2021 Mach-E was the first non-Tesla EV to reach 300 miles (482 km) of range.
“We have unprecedented demand for Mustang Mach-E and we are going to scale production quickly to meet demand,” shared the automaker in an official statement. “We are now planning to utilize the entire Cuautitlan [Mexico] plant for production of Mach-E. We will increase production starting in 2022 and expect to reach 200,000+ units per year by 2023. Our goal is to become the clear No. 2 electric vehicle maker in North America within the next couple years and then challenge for No. 1 as the huge investments we are making in EV and battery manufacturing come onstream and we rapidly expand our EV lineup. Rapidly scaling production of Mustang Mach-E supports our plan.”