The blue oval is gaining ground in the electric vehicle space. The Ford Mustang Mach-E debuted in 2019 as the automaker’s first all-electric mass-produced electric vehicle. It entered production in 2021. The Mach-E is already in 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 starts at $48,775. It can go from 0 to 60 miles per hour in 4.8 seconds. The Mustang Mach-E Premium is capable of traveling 303 miles thanks to its extended range battery. It makes 346 horsepower and 428 pound-feet of torque. According to fueleconomy.govthe 2022 Mach-E Premium was eligible for the full federal EV tax incentive prior to the Cut Inflation 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 EV deals of the year due to its speed and superior range.
The revised federal tax incentive for EVs hasn’t been clear about which EVs will benefit in 2024, but it appears the 2023 Mach-E will not be eligible. So the 2022 Mustang Mach-E Premium was a rare opportunity to experience one of the best versions of the Mach-E 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 break, but many drivers will still see 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 remembered that many times. That being said, CNBC claims that Ford is trailing Tesla in EV sales after surpassing Hyundai. The Mustang Mach-E has a rare chance to seize the small electric SUV throne.
Sales of the Hyundai Ioniq 5 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 your segment, then 2023 is a crucial year to return to consumer goodwill 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 pound-feet of torque. The small electric SUV has a driving range of 224 miles.
The Mustang Mach-E is a sleek and attractive small electric SUV. It doesn’t have a great driving range, but its range should be adequate 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 around. The Mustang Mach-E is worth buying. Ford just needs to address any reliability issues the EV has quickly so it can win back consumer trust.