Ford to triple production capacity for the all-electric Mustang Mach E by 2023
CEO Jim Farley plans to increase production of the all-electric Mustang Mach E next year with the goal of doubling its current capacity to meet “incredible demand.” Tweeted today. This is the first time an automaker has given a specific outlook for the Mustang Mach E.Ford said in November that it would increase its production capacity of electric vehicles to 600,000 units globally by 2023 — a goal that would be spread across the Mustang Mach E, F-150 Lightning and commercial E-transit vans. If Ford hits that 600,000 figure it would double the number it had expected to produce over the next two years.
Farley tweeted, “It’s hard to get the Mustang Mach Es fast enough to meet incredible demand, but we’ll definitely give it a try. Increase production from 2022. By 2023, we expect to reach more than 200,000 units a year in North America and Europe, which is three times the production in 2021. “Ford confirmed to TechCrunch that it will be able to increase production capacity of the Mustang Mach E by building some of the vehicles at its factory in Cuautitlan, Mexico.
The tweet came the same day that Automotive News reported Ford was delaying the start of production of battery-electric versions of the Explorer and Lincoln Aviator crossovers by about 18 months, according to memos sent to suppliers and viewed by Automotive News. The EV versions of the Explorer and Aviator were supposed to be assembled at its Cuautitlan, Mexico factory.
Ford had previously announced that it would sell approximately 50,000 Mustang Mach e-Vehicles in the first year of production (MY 2021) in North America and Europe. By the end of the third quarter, Ford had sold 15,602 Mach Es in Europe and 24,791 in the United States by the end of November, according to the company’s latest sales data. To date, it owns 40,393 vehicles and is expected to reach its sales target of 50,000.
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