Ford has announced price cuts for the Mustang Mach-E electric utility for 2023, seeing MSRP reductions between $600 and $5,900.

These changes come as Ford increases production of the Mach-E thanks to a new EV supply chain kicking into gear. The Blue Oval hopes that, along with price reductions, this increase in production will also reduce customer wait times for their electric pony.

Below is a more detailed breakdown on the Mach-E’s old and new MSRPs; however, it should be noted that, while initial costs are down, the Mach-E’s destination charge has increased from $1,300 to $1,500 for the 2023 model year. Tack on that new destination fee, and now we’re looking at a starting price range of $47,495 for the Select RWD Standard Range and $65,495 for the GT Extended Range.


2023 Mustang Mach-E

Former MSRP

Updated MSRP


Select RWD Standard Range

Select eAWD Standard Range

California Route 1 eAWD Extended Range

Premium RWD Standard Range

Premium eAWD Standard Range

GT Extended Range  

$ 46,895

$ 49,595

$ 63,575

$ 54,975

$ 57,675

$ 69,895







$   900

$   600





Extended Range Battery

Nite Pony Appearance Package

GT Performance Package

$ 8,600

$          800

$ 6,000


$   800



$          0

$          0


Savings seem to mostly impact the upper echelons of the Mach-E’s trims, but that’s where they can do the most good for prospective buyers. According to Ford, any existing Mustang Mach-E customers currently waiting for delivery of their vehicle will automatically receive these adjusted prices. Customers with a sale date after January 1st, 2023, and already in possession of their Mach-E will be reached out to directly.

Since its inception, Ford has been routinely updating the Mustang Mach-E with new options and trims, including the fun and premium GT Performance Edition. And this update to pricing will surely bring more buyers to the corral.