For those waiting to buy the 2023 Mustang Mach-E, now may be the time. Ford is offering a range of incentives and lease offers to get you in your new EV, including a discount of up to $3,000.
Ford’s all-electric crossover SUV, introduced in 2019, has risen to become one of the top-selling EVs in the US.
Over 39,000 Mustang Mach-E’s were sold last year, placing it third among the top-selling electric vehicles in the US, behind only the Tesla Model 3 and Model Y.
Meanwhile, Mach-E sales have dropped this year, down 20.6% through the first half of 2023. The slowdown was expected as Ford revealed last year it would be retooling its Mexico plant where the Mach-E is built, resulting in downtime.
Ford says it’s beginning to catch up. Andrew Frick, VP of sales distribution, explained, “Improved Mustang Mach E inventory flow began to hit at the end of Q2 following the retooling of our plant earlier this year.”
The move “helped Mustang Mach-E sales climb 110% in June,” according to Frick. In light of this, Ford’s overall EV sales increased 35.5% in June.
2023 Ford Mustang Mach-E (Source: Ford)
Mustang Mach-E production has drastically picked up since the beginning of the year, with zero built in January, 300 in February, 7,381 in March, 11,858 in April, 13,639 in May, and another 13,000 in June.
With production back up to speed, Ford is offering new incentives and discounts on the 2023 Mustang Mach-E. Here’s a look at the current deals.
2023 Ford Mustang Mach-E (Source: Ford)
2023 Ford Mustang Mach-E discount and lease incentives
In a recent interview with The Detroit Bureau, Darren Palmer, vice president of Ford’s Model e business, explained that the automaker was not worried about growing EV inventory.
Instead, Palmer said, “We’re just loading up dealers.” He added that the Mach-E has been on backorder since launching.
2023 Ford Mustang Mach-E interior (Source: Ford)
It looks like Ford is now looking to unload those additional Mach-E models. On Ford’s website, the company promotes a retail offer for 1.9% APR for 60 months through Ford Credit financing, plus an additional $3,000 bonus cash discount on the 2023 Mustang Mach-E Select and GT models.
2023 Ford Mustang Mach-E discounts and lease offers (Source: Ford)
The 2023 Mustang Mach-E lease offers include $408 per month for 36 months through Ford Credit Red Carpet Lease with $5,188 cash due at signing.
According to the folks over at Ford Authority, the company is offering various incentives based on the market.
For example, in NYC, the Red Carpet Lease offer includes $586 per month for 36 months, with $0 due at signing. In Detroit, the offer is $439 per month, with $439 due at signing. For those in LA, the offer is $569 per month with $0 due at signing.
The 2023 Ford Mustang Mach-E comes in four trims:
2023 Mustang Mach-E trim
Starting Price
Range (mi)
Battery
Select
$42,995
250
72 kWh
Premium
$46,995
250
72 kWh
California Route 1
$56,995
312
91 kWh
GT
$59,995
270
91 kWh
2023 Mustang Mach-E price and trim options
Keep in mind that the Mustang Mach-E is also eligible for the $3,750 tax credit provided by the IRA, which can help knock the price down even further. The incentives mentioned above are valid through October 2, 2023.
Don’t miss out on the latest Ford Mustang Mach-E discounts. Use our link to reach out today and find the perfect EV for you at a great price.
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Ruth Porat, President & Chief Investment Officer of Alphabet & Google, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024.
Mike Segar | Reuters
Alphabet‘s Google will invest $25 billion in data center and artificial intelligence infrastructure over the next two years in states across the biggest electric grid in the U.S., the technology company said Tuesday.
Google will also spend $3 billion to modernize two hydropower plants in Pennsylvania to help meet the growing power demand from data centers and AI in the region, according to the company.
The refurbishment of the Pennsylvania plants is part of broader a framework agreement that Google signed with Brookfield Asset Management to purchase 3,000 megawatts of hydroelectric power across the U.S.
Google’s investments in the region comes as the PJM Interconnection is struggling to keep up with rising electricity demand from data centers and industry. PJM is the biggest electric grid in the nation, covering 13 states across the mid-Atlantic and parts of the Midwest and South. It includes the world’s largest data center market in northern Virginia.
President Donald Trump, White House Cabinet officials, tech and energy executives are meeting at Carnegie Mellon University in Pittsburgh on Tuesday to discuss AI investment in Pennsylvania.
Locals call him the “Bicycle hero,” but Texas man Evan Wayne says he’s just doing what he can to help his community after it was cut off due to the recent devastating and deadly flooding tragedy.
When the local Sandy Creek flooded following torrential rains in Texas, it destroyed the only bridge into one community. Residents were cut off from access to supplies, including everything from necessities like food, water, and medicine to basic comforts.
Although the bridge was impassable to cars, volunteers who quickly organized to help the stranded residents found that the damaged bridge could still be traversed on foot. Or in the case of Evan Wayne, it could be covered by an electric bike.
Evan joined hundreds of volunteers who answered the call of grassroots organizers by working together without any official capacity. While many started by hand-pulling garden carts of supplies uphill to reach the stricken community, Evan jury-rigged a trailer to an e-bike and took on as much of the load as he could, helping shuttle much-needed food and gear into the community over hundreds of round-trip journeys.
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“This was a dog trailer 48 hours ago. I had a hacksaw, hacked the top off, grabbed some bungee cords, and here we are,” explained Evan in an interview with CBS Austin, while waiting for the next load of gear to be stacked on his trailer.
In the first two days of the operation, he made around 100 round trips each day, shuttling food and water as well as critical rescue supplies. “Right now, I’m waiting on a couple of chainsaws that I’ll bring in for a crew that’s been going at it with handsaws so far.”
In addition to delivering needed supplies, Evan has often found himself moving something even more important: information. “I’ve flagged down medics. I’ve been the guy that goes between Austin EMT and STAR Flight because I’m quicker than cell phones sometimes, people don’t have signal a lot of the time.”
Evan quickly points out that he isn’t the only one helping. “I’ve got an e-bike, but other people are pulling carts. People are walking, people are carrying things. Everyone is doing what they can.” But there’s no doubt that his ability to carry more gear at higher speeds and make hundreds of round-trip journeys so far in and out of the stricken neighborhood has helped impact countless lives.
“This is all volunteers here. They’re just taking it upon themselves to get people where they need to go. I think there’s an umbrella company coming in, taking over tomorrow, but until they get here, people are just taking care of people, which is what you’ve got to do.”
E-bikes proving their worth in emergencies
While many people consider electric bicycles just another form of recreation, they’ve proven to be potent transportation alternatives after natural disasters worldwide.
Not only do their small and efficient batteries make performing hundreds of rescue trips like Evans’ possible, but recharging can be done simply and easily with a solar panel when electricity is out after a disaster. And when gas stations are out of fuel (or simply can’t pump it with the power grid down), e-bikes can keep running while gasoline-powered motorcycles or ATVs run dry.
Electric bicycle batteries have also proven to be a handy source of emergency power after hurricanes and other disasters, often helping owners keep their phones charged up for days to remain in contact with family or rescue services.
While most hope to never need theirs for emergency purposes, electric bicycles have proven their worth in countless disaster scenarios, adding benefits far beyond just alternative transportation, recreation, or fitness riding.
E-bikes can be kept running nearly indefinitely after natural disasters with access to solar recharging equipment
Image credits: CBS Austin (screenshots), used under fair use
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Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, U.S., March 25, 2021.
Handout | Via Reuters
Block jumped more than 5% on Monday, leading a rally in shares of fintech companies as analysts downplayed the threat of JPMorgan Chase’s reported plan to charge data aggregators for access to customer financial information.
The recovery followed steep declines on Friday, after Bloomberg reported that JPMorgan had circulated pricing sheets outlining potential fees for aggregators like Plaid and Yodlee, which connect fintech platforms to users’ bank data.
In a note to clients on Monday, Evercore ISI analysts said the potential new expenses were “far from a ‘business model-breaking’ cost increase.”
In addition to Block’s rise, PayPal climbed 3.5% on Monday after sliding Friday. Robinhood and Shift4 recorded modest gains.
Broader market momentum helped fuel some of the rebound. The Nasdaq closed at a record, and crypto rallied, with bitcoin climbing past $123,000. Ether, solana, and other altcoins also gained.
Evercore ISI’s analysts said that even if JPMorgan’s changes were implemented, the most immediate effect would be a slight bump in the cost of one-time account setups — perhaps 50 to 60 cents.
Morgan Stanley echoed that view, writing that any impact would be “negligible,” especially for large fintechs that rely more on debit, credit, or stored balances than bank account pulls for transactions.
PayPal doesn’t anticipate much short-term impact, according to a person with knowledge of the issue. The person, who asked not to be named in order to speak about private financial matters, noted that PayPal relies on aggregators primarily for account verification and already has long-term pricing contracts in place.
While smaller fintechs that depend heavily on automated clearing house (ACH) rails or Open Banking frameworks for onboarding and compliance may face real pressure if the fees take effect, analysts said the larger platforms are largely insulated.