Ford lowers the price of the Mustang Mach-E despite an intensifying EV price battle.

The price war between automakers over electric vehicles (EVs) is making the automotive business more competitive by the day.

 With the announcement of a considerable price reduction for the Mustang Mach-E EV, Ford is the newest to enter the fray.

 Customers will be able to purchase the EV starting in June 2021 for up to $10,000 less than before.

There are four different trim options, as well as different drivetrains and battery sizes, for the Mustang Mach-E.

 Ford's EV is in direct rivalry with other electric vehicles, such as the Chevrolet Bolt and Tesla Model 3, thanks to its aggressive pricing.

It also represents a significant turning point in the effort to provide electric automobiles at affordable pricing.