Ford’s Mustang Mach-E debuted in late 2019, followed by deliveries the following December as a 2021 model. The Mach-E is currently the only fully electric passenger vehicle offered by Ford, although it does will soon be joined by the F-150 Lightning in 2022.
Last April, Ford announced that it would start taking pre-orders in China for four variants of the Mach-E EV, starting at a price of 265,000 yuan ($ 40,830) for the standard RWD lineup.
Previously, it was the only Mach-E that was priced low enough to qualify for Chinese subsidies for electric vehicles. It was joined by the Extended Range RWD and AWD versions as well as the GT First Edition Mach-E, neither of which was priced below the benchmark of 300,000 yuan to qualify for the subsidies.
With its recent announcement, Ford will now offer Chinese consumers an additional option when purchasing a Mustang Mach-E, which is also priced low enough for subsidies.
Ford Unveils Long Range Mach-E SE With Subsidies
During a presentation in Shanghai this weekend, Ford unveiled a fifth version of the Mustang Mach-E for China priced at 282,000 yuan ($ 43,450). This SE model of the Mach-E, as Ford calls it, will be an upgraded version of the Standard Range RWD model previously introduced at 265,000 yuan.
The Standard Range and SE versions of the Mach-E are now eligible for state subsidies in China, while the remaining three top tier versions are above the threshold.
This new SE version will have an extended range of 575 km (357 miles) compared to the 470 km (292 miles) of range present on the Standard Mach-E range. Additionally, Ford said the new RWD Mach-E SE will deliver an additional 23 kW of total powertrain power.
Compared to the higher-level Mach-E, the extended-range RWD, the new Mach-E SE will cost 27,900 yuan ($ 4,300) less and feature the same powertrain and battery system, albeit it lacks some silent window.
Ford has announced that the Mustang Mach-E Long Range RWD SE version will begin accepting pre-orders in China this fall, with deliveries set to begin in late 2021.
According to a report on the announcement of CnEVPost in China, Ford also promised that customers who pay the vehicle deposit and complete the formal signing of the purchase contract before the end of the year will be able to purchase the vehicle at the post-subsidy price.
Ford appears to have pieced together a fifth version of the Mach-E for subsidies in China. It comes just weeks after Tesla announced a cheaper version of its Model Y in China to receive the same subsidies.
Whether Ford based its decision to introduce the SE version in response to Tesla remains unclear. Whatever the reasoning or the timing, Chinese consumers benefit from cheaper electric vehicles and public subsidies.
In addition, the market is expected to experience increased sales and even faster integration of electric vehicle adoption. Automakers sell more, consumers save more, everyone seems to be winning.
Perhaps the United States could settle these federal tax credits and consider restoring those benefits for Ford’s competitors like Tesla and GM. I think most people would approve of that.
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