Ford will raise Mustang Mach-E prices in part due to tariffs
engadget.comPublished: 5/7/2025
Summary
Ford's Mach-E may rise by $2k or more due to tariffs on non-electric vehicles in Mexico, risking a $1.5B loss. Other EV manufacturers like Rivian and Lucid are also facing increased costs as tariffs escalate, with estimates of price hikes ranging from $2k for Rivian to an 8-15% surge for Lucid. The administration's opposition to electric vehicles is exacerbating supply chain challenges by cutting crucial support, making it harder for EVs to remain competitive.