The Blue Oval is gaining traction in the electric vehicle space. The Ford Mustang Mach-E debuted back in 2019 as the automaker’s first fully electric mass-produced electric vehicle. It went into production in 2021. The Mach-E is already on its third model year. The 2022 Mustang Mach-E Premium proves that the small electric SUV is here to stay.
The 2022 Ford Mustang Mach-E Premium is perfectly balanced
The 2022 Ford Mustang Mach-E Premium has a starting price of $48,775. It can go from 0-60 miles per hour in 4.8 seconds. The Mustang Mach-E Premium is capable of traveling for 303 miles thanks to its extended-range battery. It makes 346 horsepower and 428 lb-ft of torque. According to Fueleconomy.Gov, the 2022 Mach-E Premium was eligible for the full federal electric vehicle tax incentive prior to the Inflation Reduction Act of 2022.
So, many Mustang Mach-E Premium buyers were able to secure the small SUV for around $41,275 after the incentive. This makes the 2022 Mach-E Premium one of the best electric vehicle deals of the year because of its quickness and superior range.
The revised federal electric vehicle tax incentive has been unclear on which EVs will benefit in 2024, but it seems like the 2023 Mach-E won’t be eligible. So, the 2022 Mustang Mach-E Premium was a rare opportunity to experience one of the best Mach-E trims for a price that doesn’t break the bank. The 2023 Mustang Mach-E Premium may be significantly more expensive at $54,975 with no tax incentive, but plenty of drivers will still see the value in the small electric SUV.
The Ford Mustang Mach-E has a unique opportunity in 2023
The Ford Mustang Mach-E has experienced several reliability issues recently. Rivals like the Ioniq 5 haven’t been recalled as many times. That being said, CNBC claims that Ford is trailing Tesla in EV sales after overtaking Hyundai. The Mustang Mach-E has a rare opportunity to seize the small electric SUV throne.
Hyundai Ioniq 5 sales are down. If the 2023 Mustang Mach-E can pick up some steam, then it could be the standout model in its segment for 2023. The Ioniq 5 won the World Car of the Year title in 2022. If the Blue Oval wants its small electric SUV to dominate its segment, then 2023 is a crucial year to get back into the good graces of consumers after reliability issues.
Should you get a 2023 Ford Mustang Mach-E?
The 2023 Ford Mustang Mach-E starts at $46,895. It makes 266 horsepower and 317 lb-ft of torque. The small electric SUV has a 224-mile driving range.
The Mustang Mach-E is a stylish, engaging small electric SUV. It doesn’t have great driving range, but its range should be suitable for drivers with home chargers. Ultimately, the Mach-E may not be the most practical or affordable option in its segment, but it’s easily one of the most exciting small electric SUVs. The Mustang Mach-E is worth buying. Ford just needs to address any reliability issues the EV has quickly so it can regain the trust of consumers.