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Ford will raise Mustang Mach-E prices in part due to tariffs

7 May 2025 at 16:43

It’s earnings season, and automakers are warning investors about the impact tariffs will have on vehicle pricing. As first reported by Reuters, the cost of Ford's Mustang Mach-E, Ford’s electric SUV, could rise by as much as $2,000 on some models.

Ford manufactures the Mach-E as well as other non-electric models in Mexico, which are now tariffed when sold in the United States. Aside from the Mach-E, Ford estimates that it will take a $1.5 billion hit from current tariff policy.

The Trump administration has long insisted that tariffs are not paid for by the American consumer, and while the company made clear it was absorbing some of the increased cost, it could not absorb all of it.A Ford spokesperson told Reuters that the price increase is partly due to typical mid-year repricing "combined with some tariffs we are facing. We have not passed on the full cost of tariffs to our customers."

Despite the administration's partial acquiescence to automakers last week in softening the blow on auto tariffs, EV makers Rivian and Lucid have said higher costs are coming. Rivian’s CEO shared that he expects vehicle pricing to rise by "a couple of thousand dollars," while Lucid’s interim CEO said the company was expecting an 8 to 15 percent increase in overall costs due to tariffs.

While EVs have not specifically been the target of these tariffs, this administration has been unusually hostile towards them, and has worked to reverse government-funded EV initiatives, like subsidized expansions to charging infrastructure. Making matters worse, Speaker of the House Brian Johnson all but confirmed to Bloomberg recently that Congress is likely to end the EV tax credit saying, “I think there is a better chance we kill it than save it, but we’ll see how it comes out.”

It’s been posited by industry analysts that Tesla may have the least to lose (and could perhaps even gain) from the current administration's anti-EV stance, with Elon Musk even saying as such. This is in part due to the outsized effect tariffs will have on competing EV manufacturers like Ford, while Tesla’s substantial domestic production keeps the company mostly insulated.

This article originally appeared on Engadget at https://www.engadget.com/transportation/evs/ford-will-raise-mustang-mach-e-prices-in-part-due-to-tariffs-164323546.html?src=rss

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© REUTERS / Reuters

The Ford badge and E-Transit logo are seen on a vehicle at Ford’s Dunton Technical Centre in Dunton, Britain, January 13, 2023. REUTERS/Peter Nicholls

There’s a massive power outage cross Spain, Portugal and parts of France

28 April 2025 at 18:30

Spain, Portugal and parts of France have experienced a massive power outage. The interruption of service extends to the capital cities Madrid and Lisbon, both of which have been left without electricity and internet. Seville, Barcelona and Valencia have also been impacted.

A grid operator in Portugal has attributed the outage to “extreme temperature variations” in a statement given to the Independent. Spain’s Prime Minister Pedro Sánchez has offered a slightly different take, stating that there is no “conclusive information” regarding the cause of the blackout.

The aforementioned grid operator also warned that it could take up to a full week to restore power, though others have suggested things could be up and running within ten hours. Spanish power company Red Electrica has stated that it has already restored power to some northern parts of the Iberian Peninsula.

Due to the outages, airports have been disabled and events like the Madrid Open have been cancelled. Spain’s major railway operator Renfe has noted that trains are stuck at stations or along their routes due to the lack of electricity.

The exact moment Spain, Portugal and other parts of Europe lost power. pic.twitter.com/B0O4oQDHfh

— The Tennis Letter (@TheTennisLetter) April 28, 2025

How exactly would extreme temperature variations cause such a severe blackout? It has been reported that the grid experienced “anomalous oscillations” that led to fluctuations in the amount of voltage carried to power lines. This could have forced these power lines out of sync with one another, according to a professor who spoke to The Times.

“These oscillations reportedly caused ‘synchronisation failures’ between the electrical systems, leading to successive disturbances across the interconnected European network,” Professor Chenghong Gu said. “This is why we are seeing many customers in different parts of the EU grid being cut off.”

This article originally appeared on Engadget at https://www.engadget.com/general/theres-a-massive-power-outage-cross-spain-portugal-and-parts-of-france-183025048.html?src=rss

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Spectators roam inside the Madrid Open tennis tournament venue during a general blackout in Madrid, Monday, April 28, 2025. (AP Photo/Manu Fernandez)
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