CategoryMobility

EV costs fall with price cuts, discounts, new models

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A Ford Mustang Mach-E glides through Birmingham, Mich., north of Detroit. The average transaction price of the mainstream brand electric vehicle tumbled 30 percent in just a year — going from $60,200 to $42,000 — as Ford strives to appeal to less affluent consumers in order to stay competitive. (DEAN STORM)
July 14, 2024 10:00 AM