USA Today just reported that Ford is cutting the sticker price of the fully battery-powered plug-in Focus Electric by a flat $6,000. That’s on top of a $4,000 price reduction on the same vehicle a year ago. The new sticker price is $29,995 including shipping—but not including federal tax credits of up to $7,500 and state incentives that might effectively knock another $2,500 off the amount buyers pay. Obviously, Ford wouldn’t be instituting such dramatic price cuts if the Focus Electric was selling well, and part of the reason sales have been poor is that the model doesn’t stand out in an increasingly crowded field of midlevel-priced plug-ins where the Nissan Leaf, the pioneer in the category, remains the indisputable leader.
Similar Stories to The Price Of Hybrid And Electric Cars Is Plummeting. Here’s Why on Bing News
Brad Tuttle, Time: Business
Tue, 10/21/2014 - 12:01pm
Topics: usa today that s nissan leaf electric&mdash aaa fuel gauge report ford focus electric focus electrics what s toyota phv u.s bear automotive news data kbb c-max to ford focus electric leaf as for september prius price hybrid electric cars sales year month compared sold vehicle automakers cheaper alternative-fuel period move units effectively buyers incentives pay mind savings including slump sticker decline plug-in difference
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