American Auto

Mustang Mach-E prices in China have been cut by as much as RMB 28,000 in response to price cuts by Tesla.

The Ford Mustang Mach-E has sold 2,098 units in China so far since deliveries began in the country late last year.

Owners need to refer at least 5 friends to sign up as members on the Ford Mustang Mach-E app and refer 1 friend to complete their first test drive.

Ford began delivering Mustang Mach-E vehicles to customers in China at the end of December last year, and they have not performed anywhere near as well as the Tesla Model Y.

The Cadillac Lyriq is available in China in three versions, priced at RMB 439,700, 459,700 and 479,700 respectively.

Ford Mustang Mach-E prices in China will be raised by RMB 7,000 yuan - 22,500 yuan ($3,530) on May 5.

Ford unveiled the Mustang Mach-E in China last April and made its first delivery on December 26.

Ford's Mustang Mach-E is set to see a price hike in China, ranging from 7,000 to 22,500 yuan ($3,530) depending on the model.

GM aims to reach 1 million electric vehicles production capacity in China by 2025 and introduce more than 20 electric vehicles into the country.

Ford is experiencing the same unstable battery supply problems as Nio, which is the first reason for the Mustang Mach-E's low deliveries in China.