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US Ford to triple production of the all-electric Mustang Mach E by 2023
The We For News reported as per Ford CEO Jim Farley, US auto major Ford is reportedly planning to increase production of the all-electric Mustang Mach E next year to triple its current capacity by 2023 to meet the “incredible demand."
According to TechCrunch, this is the first time the automaker has provided a specific outlook for the Mustang Mach E.
Ford said in November that it would increase its production capacity of electric vehicles to 600,000 units globally by 2023 — a goal that would be spread across the Mustang Mach E, F-150 Lightning, and commercial E-transit vans.
Oldies Ford-Antique car/PixabayThe report said, if Ford hits that 600,000 figure, it would double the number it had expected to produce over the next two years.
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Farley tweeted: “It’s hard to produce Mustang Mach Es fast enough to meet the incredible demand, but we are sure going to try."
He added: “So starting in 2022 we are increasing production and expect to reach 200,000+ units per year for North America and Europe by 2023. That’s 3X our 2021 output."
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Ford confirmed to TechCrunch that it will be able to increase the production capacity of the Mustang Mach E by building some of the vehicles at its factory in Cuautitlan, Mexico.
Source: wefornews
