Discover Ford’s Surprising Price Cuts on Electric Vehicles

This video was first publish on Car Coach Youtube Chanel

Ford is slashing the cost of the base model, the Pro, by some $10,000, down to just under $50,000 but still above the initial $40,000 price tag. Ford said the cuts are due to “increased plant capacity, continued work on scaling production and cost, and improving battery raw material costs.” The company added that one of its vehicle assembly plants in Michigan is undergoing final upgrades to triple its output starting this fall.

Americans are not lining up to buy EV's. What are the facts and reasons for the lower prices on electric vehicles? Are the EV tax rebates enough or do they want more? Lauren Fix discusses with Charles Payne on Fox Business.

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