Yes, the electric vehicle price war has likely already begun. Last month’s Tesla price cuts slashed up to 20% of the cost to buy the EV maker’s vehicles. Then in a rare move, Ford dropped prices on its Mustang Mach-E lineup last week by up to 9%. Those first dramatic shots over the bow are almost certainly not the end of it. Recent...Yes, the electric vehicle price war has likely already begun. Last month’s Tesla price cuts slashed up to 20% of the cost to buy the EV maker’s vehicles. Then in a rare move, Ford dropped prices on its Mustang Mach-E lineup last week by up to 9%. Those first dramatic shots over the bow are almost certainly not the end of it. Recent...
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