To close out the year strong, Ford is offering more ways to save on its electric vehicles. Ford introduced a new year-end sales event with significant discounts on its top-selling EV models, the F-150 Lightning and Mustang Mach-E. Here’s how you can score some savings.
Ford increases discounts on EV models to close out 2024
With several discount programs, Ford is making it easier than ever to go electric. The company launched its new year-end sales event on Friday, boosting discounts on 2024 Lightning and Mach-E models.
Ford’s new promotion offers 0% financing for 72 months and $5,000 in Bonus Cash. In addition, you get a free EV charger, and Ford is covering the cost of standard installation.
On October 1, Ford introduced its new “Power Promise” program. The initiative is designed to show buyers the true benefits of driving an EV, like waking up with a fully charged vehicle every morning.
All new EV buyers get a free Level 2 home charger with no standard installation fees. To sweeten the deal, Ford is also offering free 24/7 live support and an 8-year/ 100,000-mile battery warranty.
2024 Ford F-150 Lightning Platinum Black (Source: Ford)
If you choose to lease, the savings can be even bigger. Ford is offering up to $10,500 ($7,500 EV Red Carpet Lease + $3,000 bonus cash) in lease cash on the 2024 Mustang Mach-E. And don’t worry, you also get the free home charger with installation as part of the Ford Power Promise.
When leasing, the 2024 Ford F-150 Lightning is eligible for up to $6,500 ($3,500 Red Carpet Lease + $3,000 bonus cash).
2024 Ford F-150 Lightning trim
Starting Price
Range (EPA-est miles)
XLT
$62,995
240
Flash
$67,995
320
Lariat
$76,995
320
Platinum
$84,995
300
Platinum Black
$92,995
300
Updated 2024 Ford F-150 Lightning price and range by trim (*not including $2,095 destination fee)
Ford is opening up its sales network with nearly 3,000 dealers across the US now able to support new EV customers.
With another 6,264 electric models sold in October, Ford’s EV sales in the US reached nearly 74,000 through the first ten months of the year, up 38% from 2023.
2024 Mustang Mach-E trim
Range
Starting Price
Mustang Mach-E Select
250 mi
$39,995
Mustang Mach-E Premium
320 mi
$43,995
Mustang Mach-E GT
280 mi
$53,995
Mustang Mach-E Rally
265 mi
$59,995
2024 Mustang Mach-E price and range by trim (*not including destination fee)
Ford has sold nearly 39,000 Mustang Mach-Es, up 23% YOY, and over 24,600 F-150 Lightning models in the US this year. The Mach-E is the second best-selling electric SUV in the US, while the Lightning is the second best-selling EV pickup, behind the Tesla Model Y and Cybertruck.
Ready to take advantage of the savings? We can help you get started. You can use our links below to find the best deals on the Ford F-150 Lightning and Mustang Mach-E in your area.
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Slate Auto, a new EV startup backed by Jeff Bezos, has poached a key Tesla manufacturing leader to build its electric pickup truck factory in Indiana.
Napoleon Reyes is a US Marine from Indiana who got a degree in mechanical engineering from Purdue after leaving the force.
He then worked a few years at Subaru and Wabash before joining Tesla’s manufacturing team at the Fremont Factory in 2020.
There, he became part of the Model Y production ramp and was quickly promoted to lead the Model Y General Assembly in Fremont in 2022.
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Reyes led Model Y GA, one of the most critical parts of vehicle manufacturing, for more than a year before being promoted again to lead new pilot processes at the factory.
Most recently, he led the launch of the general assembly line for the Model Y refresh.
The new engineering manager announced this week that he is leaving Tesla to join Slate:
A bit late on the post but after nearly 5 years working at Tesla in Fremont, I made the difficult decision to leave the Company and move closer to home with my family. It was an incredible experience being part of multiple line expansions and multiple Model Y program launches. Leading and managing the Model Y Refresh launch for GA in Fremont this year tested me professionally however we ultimately succeeded due to our amazing cross functional team collaboration. It’s been an absolute pleasure working with such great people, and I will forever be proud and thankful for everything we accomplished together.
I will be taking on a new role as Senior Manager, Plant Vehicle Engineering at Slate Auto in Warsaw, In.
The company raised over $700 million through two rounds of investments from several different investors, including Jeff Bezos. It is currently raising more, which basically guarantees that it will be able to reach production.
The startup acquired a former printing plant in Warsaw, Indiana. It is currently converting to manufacture its electric pickup with a team from legacy automakers and also several former engineers and leaders from Tesla.
Rich Schmidt, an early Tesla manufacturing director, is the head of manufacturing.
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Genesis is preparing to shake things up with its most luxurious SUV yet, the GV90. Thanks to a new patent filing, we are getting a detailed look at how its Rolls-Royce-style coach doors will work.
New patent reveals Genesis GV90 coach door system
When Genesis first unveiled the full-size SUV at the NY Auto Show last March, it wasn’t the stunning design or advanced tech that caught everyone’s attention. It was the coach doors.
Although we were worried it wouldn’t make it to the production model, like many concepts, the Genesis GV90 will be offered with coach doors.
The ultra-luxe electric SUV was first caught with coach doors earlier this year on a car carrier in South Korea. Just last month, the GV90 was spotted in California with a hinge at the rear to open the coach doors.
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After several new patents were filed with the United States Patent and Trademark Office for new door latching devices, we are getting a sneak peek at how they are expected to work.
The patents, titled “Cinching Device For Door Latches in Vehicle,” and “Door Latch Device for Vehicles,” give a pretty detailed explanation of how the Genesis GV90’s coach doors will operate. The “Door Latch Device” uses a door striker on the lower side of the door, which is opened or closed by a hinge unit.
Unlike traditional doors, which use the B-pillar for support, the device is attached directly to the door itself, allowing for hinge-like movement.
The cinching device works in a similar way. It’s also attached to the door and part of the vehicle. However, unlike most of its kind, Genesis found a way to use a single cinching device to control multiple units. Again, the device is used for B-pillarless doors that swing open.
Genesis already said that B-pillarless coach doors are now feasible in production vehicles. The patent reveals a glimpse into how the luxury automaker could make it a reality.
Genesis Neolun ultra-luxury electric SUV concept (Source: Genesis)
Although the Genesis GV90 is expected to be offered with coach doors, they will likely not be standard. Other variants, with traditional door handles, have also been spotted testing in the US and South Korea.
Genesis is expected to launch the GV90 in mid-2026. It will be built at Hyundai’s Ulsan plant in South Korea. The flagship Genesis SUV is scheduled to debut on Hyundai’s new eM platform, which the company said will “provide 50% improvement in driving range.” It will also be loaded with the latest technology, software, connectivity, and Level 3 or higher autonomous driving capabilities.
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