When Ford announced that standard-range Mustang Mach-E electric crossovers would soon be getting lithium iron phosphate (LFP) batteries, we wondered how the lower costs associated with this battery technology would translate to sticker prices. Well, we don’t have to wonder anymore. Pricing for Mustang Mach-E models with LFP batteries is out and the price cuts are huge.
Let’s start with the base Select model with the LFP standard-range battery pack. It sees a $3,000 price reduction to $44,295 including a $1,300 freight charge for the rear-wheel-drive model. For those in snowy states wanting the confidence of torque at all four corners, a $3,000 price reduction applies regardless of whether you pick rear-wheel-drive or all-wheel-drive, which puts the Select standard-range AWD model at $47,295 including freight. Step up to the Premium RWD model with the LFP standard-range battery pack and the price cut grows to $4,000, with a new sticker price of $48,295 including freight. Add in all-wheel-drive, and you’re looking at $51,295.
Unusually, the price cuts don’t just apply to vehicles with LFP battery packs. The range-optimized California Route 1 model with the extended-range battery pack gets a $1,000 price cut to start at $58,295, while the high-performance Mach-E GT gets a $4,000 reduction to start at $61,295. Should you wish to add the GT Performance Edition package, that option sees a $1,000 price cut to $5,000.
Substantially-reduced pricing for LFP-powered models sounds excellent, but it makes you wonder what you might be giving up in range and performance since LFP batteries are less power-dense than more commonly-used NMC batteries. It turns out, absolutely nothing. In fact, both see improvements. Range increases in a barely-noticeable way from 247 miles to an estimated 250 miles for rear-wheel-drive standard-range models, while all-wheel-drive range is expected to see a two-mile boost from 224 to 226. However, the big story is power: All-wheel-drive standard-range models gain a whopping 45-horsepower boost that drivers are sure to feel. That’s a 16.9 percent bump in horsepower! In addition, Ford claims a better DC fast charging curve with the LFP batteries, which theoretically results in a five-minute reduction in 10-to-80 percent charging time under optimal conditions with the right fast charger despite increased net energy capacity from 68 kWh to 72 kWh.
With this latest round of updates comes some minor equipment shuffling. There’s a new Comfort Package Lite on base Select models that includes heated seats, a heated steering wheel, power-folding mirrors, and a memory driver’s seat for $1,500, making the entry to heated seats cheaper than on the outgoing car. In addition, Premium trim models with the LFP battery get new 19-inch alloy wheels, while all-season tires are now available on the GT Performance Edition. A trend we’re going to see more of in the coming years is in-vehicle subscriptions, and the hardware for Ford’s BlueCruise 1.2 hands-free Level 2 advanced driving assist system now comes on all Mach-Es. However, Ford only includes a 90-day trial, and a three-year subscription now costs a whopping $2,100.
It’s also worth noting that the Ford Mustang Mach-E qualifies for a $3,750 federal tax rebate since it’s made in a USCMA country, but it misses out on the full $7,500 rebate due to battery sourcing. Still, this means that a base-model clocks in at $40,545 after rebates, keeping it in the running with mass-market competitors.
While an electric crossover with a base price north of $40,000 isn’t affordable for most people, we love to see cars of any sort getting cheaper. Ford’s LFP battery push comes amidst plans of ramping up volume on popular electric models like the F-150 Lightning and Mustang Mach-E, and consumers are sure to appreciate whatever price reductions come along the way. As for when we can expect to see LFP-powered Mustang Mach-E crossovers on the roads, order books are open now, and we can expect to see them roll into showrooms in the second half of 2023. Early signs suggest they may be worth the wait.
(Photo credits: Ford)
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Are the Mach-E owners tweeting at Jim Farley asking for refunds on their recently-purchased vehicles, or is that just a Tesla bro thing?
I see one locally for $52k and a bunch of GTs for $72k. Good luck finding a base model anywhere.
I did drive a Maverick hybrid the other day, the engine sounds like a shaking box of rocks and had an out the door price of $46k. It’s a shame, but boy were there plenty of F150s on the lot.
You know what else is taking a massive price cut? USED electric cars purchased say, last week.
The early adopters are getting eaten even faster than usual.
Did everyone forget how much they RAISED the Mach-E prices in August of 2022:
Lots of numbers going in the right direction for the LiFePo Mach-erE, but I did not see anything about weight. Going to LiFePo that is a larger capacity should bring a good amount of added weight. I’m not surprised Ford didn’t mention it.
Mentioning added weight and lower performance doesn’t make for salient selling points.
It is not really larger capacity, just a physically larger battery, in this case they mention no performance details have gone the other direction, you get better range, faster charge time and more HP. The HP adder is a tell, they likely had to up the motor output to account for the added battery weight.
I don’t think anyone is really buying the CUV called a Mustang for performance at the track or the straight line, even the lowliest of EV, can outrun sports cars that were hot 15-20 years ago.
I will say the beating the roads will take and the life of tires at these weights is concerning though.
Real life story.
Friend of the family is on his third MachE. Bought one and it had so many problems Ford eventually bought it back. He had two more allotments reserved (because some people reserve 3?). Took them both anyway. One in FL and one back home. Both have been in and out of the dealership for service. They can’t seem to fix the one back home so that one might be going back to Ford too.
Not sure what is going on but the only person I know of who has experience with 3 different ones has had problems with all 3.
Price cuts are great, but hopefully they are fixing the quality issues first (or at least at the same time).
At Ford, Quality still isn’t Job 1.
Still waiting to see one in the wild.
I live in Idaho, which is not known for being an EV-friendly place, and I see them out in the wild occasionally. Still a lot more Teslas, but I see more of these than Rivians. The Ioniq 5 is also rarer, though Hyundai just puts Idaho low on the list for EVs, so I expect those will pass these. I’ve only seen a couple F150 Lightnings, but they look enough like the gassers to miss.
EV’s just haven’t caught on here in Connecticut like you would expect. I see mostly Tesla’s and a handful of Taycan’s. But anything else? Not so much. Hell, I think I have seen a total of 2 Mavericks since they have been released.
I live in Colorado, and there are EVs everywhere. I was visiting the North East this last week, and I was surprised to see that my home region is far, far behind in electric vehicle adoption rates
Where are you exactly? The greater Boston area is swimming in EVs. The only semi-rare ones now are Lucid Air, which I see 1-2 daily and have only seen a few of the Rivian SUVs, those haven’t made it out in larger numbers like the Rivian truck has yet. EV6 are still somewhat rare, see more Ioniq 5 for whatever reason. More and more of the BMW suvs and Mercedes sedans and suvs are out and about now too.
Oh, and the Maverick is a big seller here, though I think a lot of them are the AWD non-hybrid. I have seen it in every color in the wild, I think.
Strange that EVs aren’t selling in Connecticut. I’d think there’d be buyers there. Do few people have garages?
And we see almost no Taycans here. I think I have seen one. And that may have been in Oregon, actually.
I’ve seen more than I can count. They look pretty sharp.
My neighbor has one and loves it. His was the one of the first delivered in my city and he paid a premium to get it. No issues in over a year.
I keep dropping hints that I’d like to drive it but he’s not picking them up….
My neighbor also has had one for almost year and he loves it. I got to drive it once and it’s a very nice car to both drive and just be inside of it.
Rural Saskatchewan report:
Naturally, the most easily spotted are Teslas – Model 3s specifically. I’d guess that over half of the EVs on these roads are Model 3s specifically.
Mach-Es are actually really common, probably the most common non-Tesla EV.
After that, from how often I notice them:
Lightnings are in the wild but hard to spot.
Kia models are pretty rare here. Every so often one of the Mercedes potatoes shows up but I see them on the lot more than on the road. BMW has been putting the iX on the corner spot of their lot, and my god that is grotesque.
And grotesque really is the word to describe them, both in an offensive and artistic way