Ford is not reducing the prices of its Mustang Mach E electric crossover in Europe to compete with Tesla, which slashed prices for its Model Y and Model 3 cars by up to 20 percent.
Ford’s European business is following a different path than in the U.S. where the automaker has cut prices of the Mustang Mach-E by $600 to $5,900 to avoid losing ground in the increasingly competitive EV market.
A Ford France spokesperson said it had no imminent plans to cut prices in response to…
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