Here's what buyers can expect.
One year after it launched, the Ford Mustang Mach E was slightly updated for the 2022 model year with a new appearance package and exterior colors. There are also rumors the 2022 model will be further improved with larger batteries offering an improved range. It's not all good news, however, as the 2022 Mustang Mach-E is more expensive than the 2021 model. Every trim is affected by the price hike, too.
Granted, price increases are not uncommon for yearly model updates and are practically expected, but this price change has been applied much later than usual as the 2022 Mustang Mach-E has been on sale since October.
Anyone who ordered their Mustang Mach-E before this sudden price increase must be feeling lucky. Depending on the trim level, Ford's online configurator shows that pricing for the 2022 Mustang Mach-E has increased by as much as $3,000. Compared to 2021, the Mustang Mach-E Select and Premium trims are $1,000 more expensive, while the Mustang Mach-E California Route 1 and GT models cost an extra $2,000.
Those who select the GT Performance Package for the GT can also expect to pay an extra $1,000, so that's a total price increase of $3,000. That's a substantial difference considering the Mustang Mach-E has only been on sale since the 2021 model year and the 2022 model doesn't offer any major improvements.
If you add the optional Extended Range Battery for the standard Mach-E, this will also cost you an extra $1,000. While the Blue Oval automaker's first dedicated EV has been a tremendous success, Ford has struggled to keep up with the demand as it faces supply issues caused by the semiconductor chip shortage and quality control problems. The price increase could reflect this.
As an apology to frustrated buyers who have experienced multiple delays, Ford is offering some customers $1,000 towards their purchase as well as an extra 250 kWh of free charging.