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Ford to boost production, drop price of Mustang Mach-E

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Ford is boosting production of its popular Mustang Mach-E electric SUV.

The company also is reducing the vehicle's cost.

The Mustang Mach-E GT Extended Range, for example, is going down in price to about $64,000 from $69,900. Still, that came vehicle sold for $62,000 before price increases in August, CNN Business reports.

Read more from CNN Business.

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