Ford to triple production capacity for the all-electric Mustang Mach E by 2023 – By Kirsten Korosec (Techcrunch) / December 10, 2021
Ford plans to increase production of the all-electric Mustang Mach E next year with the goal of tripling its current capacity by 2023 to meet “incredible demand,” CEO Jim Farley tweeted late Friday.
This is the first time the automaker has provided 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. If Ford hits that 600,000 figure it would double the number it had expected to produce over the next two years.
The tweet from Farley reads: “It’s hard to produce Mustang Mach Es fast enough to meet the incredible demand, but we are sure going to try. 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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