Ford plans to increase production of the all-electric Mustang Mach E by 2023

Mustang Mach E. (Ford)

Ford plans to increase production of the Mach E electric car next year. Ford’s target is to triple capacity by 2023. This is done to meet the tremendous demand.

Ford CEO Jim Farley tweeted on Friday (10/12/2021) night. This is the first time the automaker has provided specific plans for the Mustang Mach E.

Ford said in November it would increase its electric vehicle production capacity to 600,000 cars globally by 2023, including the Mustang Mach E, F-150 Lightning and electric vans.

If Ford can reach the target number of 600 thousand cars, then this is equivalent to doubling their production capacity in the next two years.

“It’s difficult to build a Mustang Mach E quickly to meet the tremendous demand. We will try. From 2022 we will increase production. The expectation is more than 200,000 units per year. For the North American and European markets by 2023. This is equal to three times double the 2021 output,” Farley tweeted.

To TechCrunch, Ford will make it happen by utilizing the plant in Cuautitlan, Mexico.

The tweet came on the same day Automotive News reported that Ford was delaying production of its Explorer and Aviator electric battery versions by 18 months. Based on a memo sent to supply dealers and known to Automotive News.

Where the production of the battery was postponed, it was supposed to be used for cars at the Mexican plant.

Previously, Ford said it expected the Mustang Mach E to sell 50,000 units in its first year of production in 2021 in North America and Europe.

Ford had sold 15,602 Mach E units in Europe by the end of the third quarter and 24,791 by the end of November in the Americas. Based on the company’s latest sales data.

With sales of 40,393 units to date. They should be able to reach their sales target of 50 thousand units.

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