Ford

In the earnings call, Ford CEO also informed about the plans to make affordable EVs as part of their next-gen products. Ford CEO Jim Farley says that the company will offer hybrids in every segment of the market. This announcement comes during the earnings call where the executives were addressing the investors. The American auto giant, unfortunately, reported falling EV revenue last Wednesday. The only ray of hope was the growing sales of Mach-E after Ford cut its prices by 17%. This is an unequivocal indication that potential car buyers still hold affordability as the top priority. You might also like: Ford Hits Pause On Electric Pickup Plans, To Focus On Hybrids Instead Ford CEO Plans Hybrids For Every Segment After the run of poor sales of its electric cars, Ford has realized that affordability is the key to encouraging mass adoption. This was affirmed after the sales of the Mach-E picked up post price cuts. Farley mentions that Ford will be profitable with its next generation of products which will include affordable EVs. Also, it will add capacity for its well-established hybrids like F-150 PowerBoost and Maverick Hybrid. Note that Mach-E is the second-highest-selling electric SUV in the U.S. after the Tesla Model Y. At the moment, the cash flow is being attained from the likes of the Maverick, F-150, F-250 and Ranger. Farley says, “To keep the business relevant and reduce emissions, Ford will have hybrids in every segment.” Furthermore, Ford is already trying for affordable electric cars like its Equinox EV. Going forward, the Blue Oval will try to leverage the image and popularity of the aforementioned products to transition to EVs via hybrids. Farley also said, “What’s really exciting for us is we see an opening in the market. We believe we can be profitable at $25,000 or $30,000.” You might also like: Tesla Cars Cheapest To Maintain, Land Rover Most Expensive Learn Electric Cars Says The magic $25,000 number is looking more and more difficult to achieve as even Tesla lost interest in a more affordable EV than its Model 3. It is clear that the balance between profitability and affordability is hard to maintain. In this regard, Ford could leverage its superior and established supply chain, infrastructure and expertise which makes it sure to offer a profitable and sustainable $25,000 – $30,000 EV. Moreover, its Skunkworks Division might have something prepared in this domain. Only time will tell if it is able to achieve this. Also, its replenished focus on hybrids could also be just what was needed to ensure a smoother transition to EVs from ICE cars. Therefore, we should brace for a hybrid onslaught from Ford in the immediate future, along with a slew of affordable EV launches thereafter.

The latest electric Mustang comes with a wide variety of models and attractive prices. The latest edition of the Ford electric Mustang SUV, the 2022 Mach E comes with a plethora of trims (varying range & prices) to suit the need of every customer. For the people looking for maximum range, exhilarating performance, or an affordable muscle SUV, Ford has you covered. You will find the 2022 Ford Mustang Mach E summarised below.  You might also like: 2022 Kia EV6 Light vs Wind vs GT-Line – Specs and Price Comparison 2022 Mustang Mach E – Models & Prices The Mach E comes in 4 trims levels; Select, Premium, California Route 1 and GT. The prices of these models are presented in the table below.  Mustang Mach E Trim Price  Select $ 43,895 Premium $ 49,100 California Route 1 $ 52,775 GT $ 61,995 2022 Ford Mustang Mach E Prices All these prices are MSRP and an additional $7,500 federal tax benefits are available on all these models.  Specs and Range Select: The most affordable trim of the 2022 Ford Mustang Mach E comes with a sole 70 kWh battery with an EPA-estimated range of 247 miles in the RWD version and 224 miles in the eAWD version. The electric motor produces 266 hp (198 kW) and 317 lb-ft (430 Nm) in RWD and 428 lb-ft (580 Nm) in eAWD. The 0-60 mph comes up in 5.8 secs (RWD) and 5.2 secs (eAWD).  Premium: The popular Premium model comes with the option of choosing between either a 70 kWh or a 91 kWh battery pack. The EPA-estimated range in the Standard Range version with a smaller battery is 247 miles (RWD) and 224 miles (eAWD). The bigger battery powers the Extended Range version with an EPA-estimated range of 303 miles (RWD) and 277 miles (eAWD).  The power output with the 70 kWh battery remains the same as the Select variant, the output in the Extended Range version with the bigger battery pack is 290 hp (216 kW) for RWD and 346 hp (258 kW) for eAWD while the torque output remains the same as the Select trim.  You might also like: Are Electric Car Chargers Universal – Types of Chargers California Route 1: This variant of the Mach E comes with a sole 91 kWh battery pack with an EPA-estimated range of 314 miles (RWD) and 312 miles (eAWD). For people looking for maximum range, this trim is best suited. The peak power and torque outputs stand at 290 hp (216 kW) for RWD and 346 hp (258 kW) for eAWD and 317 lb-ft (430 Nm) for RWD and 428 lb-ft (580 Nm) for eAWD. The 0-60 mph comes up in 6.1 secs (RWD) and 4.8 secs (eAWD).  GT & GT Performance Edition: For enthusiasts, these variants make sense. It is powered by a 91 kWh battery pack with an EPA-estimated range of 270 miles (GT) and 260 miles (GT P). The power output stands at a colossal 480 hp (358 kW) and the torque produced is 600 lb-ft (813 Nm) for GT and 634 lb-ft (860 Nm) for GT P. The 0-60 mph sprint is achieved in a mere 3.5 secs (GT P) and 3.8 secs (GT).  Out of these attractive options for range, prices and powertrains for the 2022 Ford Mustang Mach E, you will definitely find the one that suits your needs the best.