The Ford Mustang Mach-E has been in high demand since its launch over a year ago, and even now, dealer inventory is turning in just 14 days. Ford sold a total of 27k Mach-Es in the U.S. last year, along with 23k more in Europe, while the EV crossover is also on sale in China and could possibly launch in Australia at some point in the future, too. With owners thus far raving about their new Mach-Es, Ford is working to ramp up production significantly – to 200,000 units annually by 2023 – and it intends to reach that goal by also doubling its battery supply by that same year, the automaker has announced.
Ford noted in its Q4 and 2021 year-end sales report that it has been working with battery supplier LG Energy to expand production for some time now, and it has managed to increase its capacity a total of three times over the past ten months as the Ford Mustang Mach-E faces greater than expected demand across the globe. This ramp-up will also reportedly result in LG cranking out double its originally contracted volume by 2023, too.
Ford’s plan to vastly increase Mach-E production over the next year or so comes after the automaker nixed plans to build all-electric versions of the Ford Explorer and Lincoln Aviator at the Ford Cuautitlan Assembly Plant in Mexico – where the Mach-E is built – in order to utilize that plant’s capacity for one specific model. The Explorer and Aviator EVs – which could be built at the Ford Oakville Assembly Plant, according to a recent report – have now been pushed back to late 2024 rather than 2023 as originally planned.
As Ford Authority previously reported, Ford CEO Jim Farley recently revealed that the automaker has doubled its planned annual EV production to 600,000 vehicles by 2024, and expects EVs to account for 40 percent of its global sales by 2030.
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Comment
So all of 14,000/month.
Gee. Exciting.