Automobile
Triple production capacity of Mustang Mach E by 2023: CEO
US auto major Ford is reportedly planning to increase production of the all-electric Mustang Mach E next year to triple its current capacity by 2023 to meet the “incredible demand”, as per CEO Jim Farley.
According to TechCrunch, this is the first time the automaker has provided a specific outlook for the Mustang Mach E.
Ford said in November that it would increase its production capacity of electric vehicles to 600,000 units globally by 2023 — a goal that would be spread across the Mustang Mach E, F-150 Lightning, and commercial E-transit vans.
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If Ford hits that 600,000 figure, it would double the number it had expected to produce over the next two years, the report said.
“It’s hard to produce Mustang Mach Es fast enough to meet the incredible demand, but we are sure going to try,” Farley tweeted.
“So starting in 2022 we are increasing production and expect to reach 200,000+ units per year for North America and Europe by 2023. That`s 3X our 2021 output,” he added.
Ford confirmed to TechCrunch that it will be able to increase the production capacity of the Mustang Mach E by building some of the vehicles at its factory in Cuautitlan, Mexico.
Hyundai India launched the much-awaited Creta Knight Edition in the country at a starting price of Rs 13.51 lakh (ex-showroom, all-India). This new variant is available in both petrol and diesel engine options and can be had either with a manual or an automatic transmission unit. To read more about the Creta Knight Edition, click here. In addition to this, the company has also introduced a model-year update for the Hyundai Creta with new feature additions.
The 2022 Hyundai Creta is now available in a new Denim Blue colour option and the Highline TPMS is now standard across all variants. The SX (O) trim now also gets a glossy black centre console. Furthermore, the company will offer the iMT option on the 1.5-litre petrol ‘S’ variant to further expand choices for the customers. The new S+ variant powered by a 1.4-litre T-GDi petrol engine with 7DCT now gets an additional set of features, such as –
– Smart panoramic sunroof
– 16-inch black alloy wheels
– Smartphone wireless charger
– Rear Disc Brakes
– Electronic Stability Control (ESC)
– Vehicle Stability Management (VSM)
– Hill start assist control (HAC)
– Paddle shifters
– Metal pedals
– Electric and auto-folding ORVMs
– Power window auto up/down
Mechanically, the SUV continues to be powered by the existing petrol and diesel engine options.
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