Ford China on Monday cuts prices on all models in its Mach-E electric crossover by up to RMB 28,000 ($3,830), just days after Tesla slashed prices of its popular China-made EVs. The price of the Mach-E standard range dropped to RMB 249,900 from RMB 275,900, while the extended range version decreased from RMB 316,900 to RMB 288,900. The American carmaker only delivered 3,626 Mach-E EVs, a primary rival to Tesla’s Model Y in its home market, to Chinese customers in the first half of 2022. Last week, Huawei-backed EV maker Aito also cut prices for its EVs to stay competitive. [The Paper, in Chinese]