Ford discounts Mustang Mach-E electric SUVs in China

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Ford discounts Mustang Mach-E electric SUVs in China
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Ford Motor said on Wednesday it was offering a discount of 40,000 yuan ($5,700) on its Mustang Mach-E electric SUVs in China until the end of April.

Ford said in November it was accelerating Mustang Mach-E production and targeting a global annual output rate of 270,000 by the end of 2023, including its China production. It builds the Mach-E in Mexico and China.

However, Mach-E sales last year in China, the world's largest auto market, were minimal - just 7,782 units. Tesla sold 455,091 Model Ys in China in the same year, according to data from China Association of Automobile Manufacturers .

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