Ford discounts Mustang Mach E electric SUVs in China

2^min

Ford Motor (F.N) said on Wednesday it was offering a discount of 40,000 Yuan ($5,700) on its Mustang Mach-E electric SUVs in China until the end of April.

Mustang Mach-E cars were now available in China at prices starting at 209,900 Yuan in China after the discount, a company representative at Ford China said.

The US automaker had already slashed Mach-E prices by as much as $5,900 in its home market following rival Tesla's (TSLA.O) price cuts for the best-selling Model Y crossover.

Ford said in November it was accelerating Mustang Mach-E production and targeting a global annual output rate of 270,000 by the end of 2023, including its China production. It builds the Mach-E in Mexico and China.

Ford sold 39,458 Mach-Es in the US last year, 45% more than in 2021.

However, Mach-E sales last year in China, the world's largest auto market, were minimal - just 7,782 units. Tesla sold 455,091 Model Ys in China in the same year, according to data from China Association of Automobile Manufacturers (CAAM).

Ford discounts Mustang Mach-E electric SUVs in China

Ford Motor (F.N) said on Wednesday it was offering a discount of 40,000 Yuan ($5,700) on its Mustang Mach-E electric SUVs in China until the end of April.

Ford

Discount

Mustang

SUV

China

Chinese

President Aoun: Negotiation is Lebanon's only path forward

President Aoun: Negotiation is Lebanon's only path forward

FM Araghchi says Iran, China, and Russia consider attempts to reimpose sanctions on Iran illegal

FM Araghchi says Iran, China, and Russia consider attempts to reimpose sanctions on Iran illegal

Iraq can disarm factions only when the US withdraws, PM tells Reuters

Iraq can disarm factions only when the US withdraws, PM tells Reuters

Meet Miss Lebanon 2025 contestants: Video

Meet Miss Lebanon 2025 contestants: Video

Meet Miss Lebanon 2025 contestants: Video

Meet Miss Lebanon 2025 contestants: Video

Series of Israeli airstrikes spark massive fire in southern Lebanon

Series of Israeli airstrikes spark massive fire in southern Lebanon

Lunar eclipse captivates Lebanon: watch the stunning video

Lunar eclipse captivates Lebanon: watch the stunning video

Israel tightens grip on northern border, threatens to target Beirut—the details

Israel tightens grip on northern border, threatens to target Beirut—the details

Lebanon’s southern border: Between containment and confrontation

Lebanon’s southern border: Between containment and confrontation

Israel strikes vehicle in Doueir in South Lebanon

Israel strikes vehicle in Doueir in South Lebanon

President Aoun: Negotiation is Lebanon's only path forward

President Aoun: Negotiation is Lebanon's only path forward

Israeli strike targets motorcycle in Aita al-Shaab in South Lebanon

Israeli strike targets motorcycle in Aita al-Shaab in South Lebanon

Israeli airstrike kills one in Aita al-Shaab

Israeli airstrike kills one in Aita al-Shaab

President Aoun reviews southern developments with UN envoy, meets minister Kamal Shehadeh on tech progress

President Aoun reviews southern developments with UN envoy, meets minister Kamal Shehadeh on tech progress

Walid Jumblatt meets former US diplomat David Hale in Beirut

Walid Jumblatt meets former US diplomat David Hale in Beirut