Tuesday morning, CEO Mary Barra said the company's EV plan is solid and does not need any pricing adjustments, with many of the upcoming models already undercutting what is on sale today and below the price caps set for federal tax credit eligibility.
"Right now based on the interest we're seeing, the pricing we put out was very appropriate," Barra said. "These are brand-new products into the marketplace that we have really strong interest [in]," Barra said.The reservation books for several models, including the Cadillac Lyriq and GMC Hummer EV pickup and SUV are filled for 2023 and Chevrolet expects Silverado EV Work Truck demand to exceed supplies into 2024.
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Ford chops Mustang Mach-E prices after Tesla price cutsFord is cutting prices on its Mustang Mach-E electric SUV by as much as $6,000 just weeks after market leader Tesla took similar steps. Who in their right mind would buy an EV? 😄 want to see me without a bra? Elon musk has some great influence over the electric car industry 'TESLA'my this name and his name leave forever.
Source: CBSNews - 🏆 87. / 68 Read more »
After Tesla price cut, Ford follows suit with Mustang Mach-EDETROIT (AP) — Ford is cutting prices on its Mustang Mach-E electric SUV by as much as $6,000 just weeks after market leader Tesla took similar steps . Loss leader Love our Mach E How about they cut it *to* $6,000, eh?
Source: AP - 🏆 728. / 51 Read more »
Ford drops the price of its Tesla competitor | CNN BusinessFord is boosting production of its popular Mustang Mach-E electric SUV and dropping its sticker price weeks after Tesla dropped prices of its vehicles. The move represents a substantial roll-back of price hikes Ford announced last summer on the 2023 models -- but buyers may still be paying somewhat more than before the increases. Popular? cant believe you got me to click on a article. Well played. I've never seen one on the road, but I'm sure it's a huge hit
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