Since Ford Motor Co (NYSE:F) slashed Mustang Mach-E electric SUV prices in February, the model’s movement has seen a dramatic rise, implying that cost is the key hindrance to EV adoption, according to analytics firm Cloud Theory. What Happened: Cloud Theory that the number of vehicles moved in the weeks following the price cut “jumped meteorically.” Before the price cut, only about 300 units of the vehicle were moving every week, but following the price cut, it jumped to above 1,000 and then to more than 1,800 later. In the 30 days since the company cut prices on Feb. 20, Mach-E’s share of veh…
