article thumbnail

Ford to increase production of Mustang Mach-E in 2023, cut prices across the board

Green Car Congress

With its new EV supply chain coming online, Ford says it is significantly increasing production of the Mustang Mach-E this year to help reduce customer wait times and to take advantage of streamlined costs to reduce prices across the board, making Mustang Mach-E even more accessible to customers and keeping it competitive in the marketplace.

Ford 434
article thumbnail

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.)

Standards 417
article thumbnail

Workhorse secures $200M in financing from institutional lenders

Green Car Congress

a provider of cost-effective drone-integrated electric vehicles to the last-mile delivery sector, has entered into a note purchase agreement (NPA) under which it will sell $200 million aggregate principal amount of its 4.0% Workhorse Group Inc., Senior Secured Convertible Notes due 2024 to two institutional lenders.

Financing 186
article thumbnail

Tesla to increase Model Y price in the U.S. next month

Teslarati

Tesla has announced plans to increase the price of its Model Y in multiple regions in the coming weeks, including in the U.S. According to a note on Tesla’s website , the price of all three Model Y configurations will increase by $1,000 in the U.S. The post Tesla to increase Model Y price in the U.S. on April 1.

article thumbnail

Ford F-150 Lightning standard range increased to EPA-estimated 240 miles; order banks re-open with updated pricing

Green Car Congress

Ford is reopening order banks for the next wave of reservation holders of the popular F-150 Lightning electric pickup truck, adding new improvements including boosting its standard range battery models to an EPA-estimated targeted range of 240 miles and adding Pro Trailer Hitch Assist technology. XLT High / Extended Range.

F-150 170
article thumbnail

Pencil-Necked Finance Dweebs Suggest Anyone Making Six-Figures Should Only Buy a $15,000 Car

The Truth About Cars

Beyond that, they suggest making a down payment of at least 20 percent and financing the thing for no more than four years. per month (about 10 cents per mile). A ’17 Jag XF with 88K looks nice but is sure to cost far more than 10 cents a mile in maintenance. Simple math leaves is with $330.50 for a car payment.

Financing 111
article thumbnail

Electric Vehicle Spotlight: Financing a Volkswagen ID.4

EV Life

Volkswagen also added an entry-level standard trim with a more attractive base price to its lineup, further expanding the ID.4’s 4 has to offer, compare available trims, and take a look at how you can save money with EV incentives by financing through EV Life. 4Standard $37,495 208 miles $7,500 Check incentives Volkswagen ID.4Pro