Ford hits 150,000th Mustang Mach-E production milestone

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Ford Motor Company has reached the production milestone of 150,000 Mustang Mach-E EVs. The production milestone was reached in almost two years. Ford CEO Jim Farley revealed the achievement in a tweet. He also said that Ford will launch the Mach-E in 37 countries by 2023 as demand for the vehicle continues to grow. The automaker revealed that the commemorative car was built at its Cuautitlan stamping and assembly plant in Mexico. Interestingly, EVs are also produced in China, but on a much smaller scale.

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Updated on:
December 1, 2022 at 13:59 pm

Ford built the 150,000th Mustang Mach-E in Mexico.  (Image credit: Twitter/Jim Farley)
Ford built the 150,000th Mustang Mach-E in Mexico. (Image credit: Twitter/Jim Farley)

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At the same time, the auto brand also said that as part of its electrification efforts, Ford intends to increase annual global production of electric vehicles to 270,000 vehicles, which is about four times its 2022 level. Ford’s global all-electric vehicle production is expected to hit the 600,000-a-year milestone by the end of 2023 and 2 million by 2026. Referring to the production milestone achievement, Farley said the car company could soon see an increase in Mach-Electronics manufacturing in Mexico, from 8,500 units per month in October 2022 to more than 10,000 units per month. He also said the plant had undergone significant upgrades to increase production.

The Mustang Mach-E is based on the brand’s iconic pony car. However, despite its influence from the Ford Mustang, the Mach-E features an all-electric powertrain and a completely different design. The car was a hit when it was launched and has since played a key role in the automaker’s global EV strategy. Ford revealed that nearly all of its Mustang Mach-E sales have come from customers switching from internal combustion engine vehicles to electric vehicles.

First published date: December 1, 2022 at 13:59 PM CST

https://auto.hindustantimes.com/auto/electric-vehicles/ford-reaches-150-000th-mustang-mach-e-production-milestone-41669880678068.html

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