2023 Ford Mustang Mach-E: Orders Reopen With Lower Prices, Increased Range

ford mustang mach e gt 2023 exterior oem 01 jpg 2023 Ford Mustang Mach-E | Manufacturer image

On the heels of GM announcing its Bolt EV and Bolt EUV have hit the end of the road, Ford announced today one of its EVs is headed in the opposite direction. The automaker is reopening order banks and increasing production of its 2023 Mustang Mach-E all-electric SUV as well as lowering its price and adding range on standard-range trims.

Related: 2021 Ford Mustang Mach-E First Drive Review: Good Numbers, Harsh Ride

Lower Prices

Prices across the 2023 lineup are down between $1,000 and $4,000, depending on trim. Additionally, the 2023 Mustang Mach-E currently qualifies for federal EV tax credits of $3,750. Below is the full pricing breakdown and its price drop from current costs (all prices include the $1,800 destination charge, up $300 from the start of 2023):

  • Select RWD Standard Range: $44,795 (down $2,700)
  • Select eAWD Standard Range: $47,795 ($2,700)
  • Premium RWD Standard Range: $48,795 ($3,700)
  • Premium eAWD Standard Range: $51,795 ($3,700)
  • California Route 1 eAWD Extended Range: $58,795 ($700)
  • GT Extended Range: $61,795 ($3,700)

What gives? Increased supply is one reason for the price change.

“Recently completed plant upgrades support a production increase in the second half of this year as Ford plans to scale electric vehicles and make them more accessible and affordable for customers,” the automaker said in a statement.

If some of this sounds familiar, it is. In January, Ford announced that strong demand and sales for the 2023 Mustang Mach-E led the automaker to not only increase production but also cut prices for all trim levels. Back then, price cuts ranged from $600 for the Select eAWD Standard Range trim to $5,900 for the range-topping GT Extended Range variant.

Ping-ponging EV prices are nothing new. Tesla is constantly adjusting its pricing, lately dropping prices significantly. With this last round of price cuts, Tesla’s Mustang Mach-E competitor, the Model Y, starts at $51,380 for the base model.

More Range, Shorter Charge Times

The news gets better for the 2023 Mustang Mach-E with a range and power bump. All standard-range models will now be powered by lithium-iron-phosphate batteries, which contribute to a 45-horsepower bump for all-wheel-drive models and slightly increased range for both AWD and rear-wheel-drive models. Ford says standard-range battery models now have an EPA-estimated range of 250 miles for RWD and 226 miles with AWD — up from 247 and 224 miles, respectively.

DC fast-charging times are affected, too. Ford said that DC fast charging to 80% battery capacity from 10% takes 33 minutes, a five-minute reduction when compared to previous standard-range models. In addition, standard-range models can now charge to 100% more frequently via AC home charging, according to the automaker.

Lastly, for those nervous about committing to purchase a subscription to the BlueCruise hands-free highway driving system, Ford announced a “try, then buy” plan that gives customers a 90-day free trial.

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News Editor Jennifer Geiger joined the automotive industry in 2003, much to the delight of her Corvette-obsessed dad. Jennifer is an expert reviewer, certified car-seat technician and mom of three. She wears a lot of hats — many of them while driving a minivan. Email Jennifer Geiger

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