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Ford re-opens order books for Mach-E; higher range, lower pricing; all standard range models with LFP packs

Green Car Congress

Ford is re-opening its order banks for the all-electric Mustang Mach-E as completed plant upgrades support production ramp in the second half of 2023, with feature improvements including increased range for standard range battery models to a targeted EPA-estimated range of 250 miles for RWD and 226 miles for eAWD. Earlier post.)

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KBB: Average new vehicle transaction price in US in December up 1.9% from November; EV ATP dropped 5.5% due to Tesla

Green Car Congress

New-vehicle inventory levels are increasing from historic lows earlier in 2022, but prices remain elevated, according to data released today by Kelley Blue Book, a Cox Automotive company. The average new EV sold for $61,448, according to Kelley Blue Book estimates, still well above the industry average. —Rebecca Rydzewski.

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Ford Mustang Mach-E captures KBB’s EV Best Buy of 2022

Teslarati

Ford has captured a tremendous accolade with the Mustang Mach-E after Kelley Blue Book announced that the all-electric crossover is the Electric Vehicle Best Buy for 2022. Its SUV-leaning shape and fresh attitude also contribute to the Mach-E’s value to both Ford and to the emerging EV landscape.” ” (Credit: Ford).

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Hyundai and Kia surge past Ford, GM to take second in US EV sales in 2023

Baua Electric

The Korean automakers surged past Ford and GM with stylish, functional EVs built for the modern era. Hyundai and Kia take second in US EV sales According to Kelley Blue Book estimates, a record 1.2 Source: Corey Cantor/ BloombergNEF) Although Ford’s CEO, Jim Farley, declared that “Ford remained the No.

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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

As new vehicle transaction prices declined once again in September, according to Kelley Blue Book data, Tesla is the culprit, helping consumers find industry-leading vehicles for a reasonable price. Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles.

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The base Tesla Model 3 now costs less than the average new car in the US

Teslarati

The Tesla Model 3’s starting price today stands at $42,990, exclusive of the $7,500 tax credit offered to US buyers of electric cars. A Bloomberg analysis has previously noted that even without the $7,500 tax credit, the base Model 3 already costs $4,930 less than the average new vehicle sold today.

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Cost Parity?: Two Dozen EVs “Available” in the US Start At Less Than $45,000

EV Adoption

Nine of these EVs have a base MSRP of less than $35,000 and another nine would have a net effective price below $30,000 when factoring in the applicable federal EV tax credit. And buyers in some states may qualify for further incentives including rebates or no sales tax, along with some utilities also providing rebates.