Ford Slashes Electric Vehicle Prices

Ford Slashes Electric Vehicle Prices

OilPrice.com

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Five days after we reported that Tesla was accused of 'weaponizing' price cuts in order to crush their competition in the electric vehicle space, Ford announced priced cuts for their electric Mustang Mach-E along with several other models 'across the board.' The company will also increase production, "underscoring the company’s commitment to lead the EV revolution by increasing the value of its EVs for customers," according to a Monday press release. "We are not going to cede ground to anyone. We are producing more EVs to reduce customer…

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