Ford Electric Car Price Canada 2024 Latest Models Compared

Discover the most up-to-date Ford electric car prices in Canada for 2024, with the Mustang Mach-E starting at $52,995 and the F-150 Lightning from $64,995. This comprehensive comparison highlights key trims, available incentives, and real-world range to help Canadian buyers choose the best Ford EV for their budget and lifestyle. With federal and provincial rebates, some models now qualify for over $10,000 in savings—making 2024 the ideal time to go electric.

Key Takeaways

• Compare prices: 2024 Ford EVs range from $45K to $85K CAD.
• Check incentives: Federal and provincial rebates cut costs by up to $12K.
• Prioritize range: Models offer 350–500 km per charge—pick based on needs.
• Review trims: Higher trims add luxury but increase price by $10K–$20K.
• Consider charging: Home charger installation costs extra—factor it in.
• Watch for deals: Ford often offers financing as low as 0% APR.
• Test drive: Performance varies—book a drive before deciding.

The Electric Revolution Arrives: Ford’s 2024 Lineup in Canada

The automotive landscape in Canada is undergoing a dramatic transformation, and at the forefront of this shift is Ford Motor Company. With a bold commitment to electrification, Ford has launched an impressive lineup of electric vehicles (EVs) tailored for Canadian drivers. From the rugged, all-electric F-150 Lightning to the sleek Mustang Mach-E, Ford is proving that performance, utility, and sustainability can coexist. As 2024 unfolds, Canadian consumers are faced with exciting choices—and important decisions—about which Ford electric car offers the best value, range, and features for their lifestyle.

Understanding Ford electric car price Canada is more than just comparing MSRPs. It involves factoring in federal and provincial incentives, available trims, battery options, charging infrastructure, and long-term ownership costs. Whether you’re a city commuter, a family needing cargo space, or a contractor requiring a workhorse truck, Ford’s 2024 EV lineup has something to offer. This comprehensive guide dives deep into the latest models, compares their pricing, and helps you make an informed decision based on your needs, budget, and environmental goals.

2024 Ford Electric Car Lineup: Models Overview

Ford’s 2024 electric vehicle portfolio in Canada is built on versatility and innovation. The company has strategically positioned its EVs to meet diverse consumer demands, from daily commuting to heavy-duty work. Below are the key models currently available or launching in the Canadian market this year.

Ford F-150 Lightning: The Electric Workhorse

The F-150 Lightning is arguably the most anticipated EV in Ford’s 2024 lineup. As the electrified version of Canada’s best-selling vehicle for over 40 years, it combines the durability of a full-size pickup with the efficiency and quiet power of an electric drivetrain. With a dual-motor all-wheel-drive system, the Lightning delivers instant torque and impressive towing capacity—up to 10,000 lbs when properly equipped.

Canadian pricing for the F-150 Lightning starts at $68,495 CAD for the base Pro trim, aimed at commercial and fleet buyers. The mid-tier XLT begins at $78,995, while the luxurious Lariat and Platinum trims climb to $92,995 and $115,995, respectively. The range varies from 386 km (Pro) to 483 km (Platinum) on a single charge, depending on battery and configuration.

Pro Tip: If you’re using the F-150 Lightning for work, consider the Pro trim with the 98 kWh Standard Range battery. It offers the best value per kilometer and qualifies for the most government incentives.

Ford Mustang Mach-E: The Performance SUV

The Mustang Mach-E brings sporty styling and dynamic handling to the electric SUV segment. With a range of up to 515 km (on the Extended Range RWD model), it’s ideal for families, tech enthusiasts, and those who want a stylish daily driver. The Mach-E comes in multiple trims: Select, Premium, GT, and the new GT Performance Edition.

Pricing starts at $56,995 CAD for the Select trim with rear-wheel drive and the Standard Range battery. The Premium trim, starting at $65,995, adds luxury features like a panoramic glass roof and enhanced driver-assist systems. The high-performance GT starts at $79,995 and delivers 480 horsepower, hitting 0–100 km/h in under 4 seconds.

Real-World Example: A Toronto-based family of four might opt for the Mach-E Premium with AWD and Extended Range. At $72,495, it offers 491 km of range, ample cargo space, and Ford’s Co-Pilot360 2.0 safety suite—perfect for weekend getaways to Muskoka.

Ford E-Transit: The Electric Cargo Van

For businesses and delivery fleets, the E-Transit is a game-changer. This all-electric cargo van offers a 208 km range (WLTP), making it ideal for urban deliveries and last-mile logistics. With multiple roof heights and body lengths, it’s customizable for a wide range of commercial uses.

The E-Transit starts at $67,995 CAD for the low-roof cargo van with a single motor. The high-roof version begins at $71,495, while the dual-motor all-wheel-drive configuration (ideal for snowy Canadian winters) starts at $75,995. Ford also offers a Crew Van variant for passenger transport.

Tip: Business owners can leverage the Canada Greener Freight Program, which provides up to $40,000 in incentives for purchasing zero-emission commercial vehicles like the E-Transit.

Future Models: Ford Explorer EV (Coming 2025)

While not yet available in 2024, Ford has confirmed the launch of the Explorer EV for 2025 in Canada. Based on the European Ford Explorer, this three-row electric SUV will compete with the Tesla Model Y and Hyundai Ioniq 5. Expected pricing is between $65,000–$85,000 CAD, with a range of up to 500 km. Early pre-orders are expected to open in late 2024.

Ford Electric Car Price Canada: Breakdown by Trim and Battery

When comparing Ford electric car price Canada, it’s essential to understand how trims and battery options affect both upfront cost and long-term value. Below is a detailed breakdown of pricing across key models and configurations.

F-150 Lightning: Trim & Battery Comparison

• Pro (Standard Range): $68,495 | 386 km range | 98 kWh battery | Ideal for fleet use
• XLT (Standard Range): $78,995 | 386 km | 98 kWh | Adds SYNC 4A, heated seats
• XLT (Extended Range): $87,995 | 430 km | 131 kWh | Best balance of range and cost
• Lariat (Extended Range): $92,995 | 483 km | 131 kWh | Leather, premium audio, hands-free driving
• Platinum (Extended Range): $115,995 | 483 km | 131 kWh | Luxury interior, 22-inch wheels, adaptive suspension

Key Insight: The jump from Standard to Extended Range adds about $9,000 but increases range by 44–97 km. For rural drivers or those with long commutes, the Extended Range is a worthwhile investment.

Mustang Mach-E: Trim & Drivetrain Options

• Select (RWD, Standard Range): $56,995 | 402 km | 70 kWh | Base model, good for city driving
• Select (AWD, Standard Range): $61,995 | 370 km | 70 kWh | Better traction in winter
• Premium (RWD, Extended Range): $65,995 | 515 km | 91 kWh | Longest range, panoramic roof
• Premium (AWD, Extended Range): $72,495 | 491 km | 91 kWh | Best all-around choice
• GT (AWD, Extended Range): $79,995 | 418 km | 91 kWh | Performance-focused, sport suspension
• GT Performance Edition: $83,995 | 418 km | 91 kWh | 480 hp, 20-inch wheels, MagneRide suspension

Pro Tip: If you live in a province with harsh winters (e.g., Alberta, Quebec), the AWD Extended Range Premium offers the best combination of range, traction, and comfort.

E-Transit: Cargo Van Configurations

• Low Roof, Single Motor: $67,995 | 208 km | 68 kWh | Ideal for urban deliveries
• Medium Roof, Single Motor: $69,995 | 208 km | 68 kWh | More cargo volume
• High Roof, Dual Motor (AWD): $75,995 | 193 km | 68 kWh | Best for snowy or hilly areas

Note: The E-Transit’s range is lower than passenger EVs due to heavier loads and frequent stops. However, its low operating cost (~$0.07/km vs. ~$0.15/km for gas vans) makes it economical over time.

Government Incentives: How to Reduce Your Ford EV Cost

One of the biggest advantages of buying a Ford electric car in Canada is access to federal and provincial incentives. These programs can significantly reduce your upfront cost, making EVs more affordable than ever.

Federal Incentive: iZEV Program

The Incentives for Zero-Emission Vehicles (iZEV) Program offers up to $5,000 CAD for eligible new electric vehicles. To qualify, the vehicle must have a base MSRP under $60,000 CAD (or $70,000 for larger vehicles like the F-150 Lightning). The incentive is applied at the point of sale—no paperwork required.

Eligible Models:

• Mustang Mach-E (Select and Premium trims)
• E-Transit (all configurations)
• F-150 Lightning (Pro, XLT, Lariat)

Example: A customer in Ontario buying a Mustang Mach-E Select for $56,995 pays only $51,995 after the $5,000 iZEV credit.

Provincial Incentives (2024)

Several provinces offer additional rebates, stacking with the federal incentive:

• British Columbia: Up to $4,000 (via CleanBC Go Electric)
• Quebec: Up to $7,000 (via Roulez vert)
• Ontario: No current rebate (as of 2024), but HST exemption on EVs under $70,000
• Manitoba: $2,500 rebate (via Manitoba Hydro)
• New Brunswick: $5,000 (via Efficiency NB)

Pro Tip: Always check your province’s official EV incentive website before purchasing. Some programs have limited funding and may end early in the year.

Utility and Municipal Programs

Many Canadian utilities offer additional incentives for EV purchases and home charger installations:

• Hydro-Québec: $750 for home charger installation
• BC Hydro: Up to $350 for charger rebates
• Toronto Hydro: $300 for Level 2 chargers

Combined with federal and provincial credits, these programs can reduce your total out-of-pocket cost by $10,000–$15,000 CAD in some provinces.

Charging Infrastructure and Real-World Range in Canada

One of the biggest concerns for Canadian EV buyers is charging availability and winter range. Ford has addressed these challenges with a robust charging strategy and vehicle engineering tailored to cold climates.

Ford’s Charging Network: BlueOval Charge Network

Ford has partnered with over 84,000 charging stations across North America through the BlueOval Charge Network. In Canada, this includes:

• Over 1,500 DC fast chargers (150+ kW)
• 3,000+ Level 2 chargers in urban areas
• Free 250 kWh of fast charging for new Ford EV buyers (via Electrify Canada)

All Ford EVs come with a FordPass app that lets you locate chargers, start/stop charging, and monitor battery status remotely.

Winter Performance: How Cold Affects Range

Canadian winters can reduce EV range by 20–40% due to heating demands and battery efficiency. However, Ford has implemented several solutions:

• Heat Pump System: Standard on Mach-E and F-150 Lightning (except Pro trim). Reduces HVAC energy use by up to 30%.
• Preconditioning: Use the FordPass app to warm the cabin while plugged in, preserving battery range.
• All-Wheel Drive (AWD): Standard on most trims, providing better traction on snow and ice.

Real-World Example: A 2024 F-150 Lightning Lariat in Calgary averages 410 km in winter (vs. 483 km in summer) when using the heat pump and preconditioning daily.

Home Charging: Level 1 vs. Level 2

• Level 1 (120V): Adds ~8 km/hour. Suitable only for short commutes.
• Level 2 (240V): Adds ~40–60 km/hour. Recommended for all Ford EV owners.

Tip: Install a Level 2 charger (cost: $1,200–$2,000) with a 50-amp circuit. Most provinces offer rebates to offset the cost.

Total Cost of Ownership: Are Ford EVs Worth It?

While the Ford electric car price Canada may seem high upfront, the total cost of ownership (TCO) often favors EVs over gas vehicles due to lower fuel, maintenance, and repair costs.

Operating Cost Comparison (2024 Estimates)

Model	Annual Electricity Cost*	Annual Maintenance	Fuel vs. EV Savings (5 Years)
F-150 Lightning (Pro)	$680	$320	$18,500
Mustang Mach-E (Premium)	$590	$300	$16,200
E-Transit (Low Roof)	$850	$400	$22,000
Gas Equivalent (F-150 2.7L)	$2,800 (gas)	$750	Baseline

*Based on 18,000 km/year, electricity at $0.12/kWh, gas at $1.60/L

Maintenance Advantages

EVs have fewer moving parts, eliminating the need for:

• Oil changes
• Transmission servicing
• Exhaust system repairs
• Spark plug replacements

Ford’s EVs also feature regenerative braking, which reduces brake pad wear by up to 70%.

Resale Value and Depreciation

Ford EVs are holding value better than expected. According to Canadian Black Book, the Mustang Mach-E retains 65% of its value after 3 years, while the F-150 Lightning holds 70%—outperforming many gas trucks.

Final Thoughts: Which Ford EV Is Right for You?

Choosing the right Ford electric car in Canada depends on your lifestyle, budget, and priorities. For contractors and tradespeople, the F-150 Lightning Pro offers unmatched utility and qualifies for the most incentives. Families and commuters will love the Mustang Mach-E Premium AWD for its range, comfort, and tech. Business owners should consider the E-Transit for its low operating costs and government support.

When evaluating Ford electric car price Canada 2024, always factor in incentives, charging costs, and long-term savings. With federal and provincial credits, a new Ford EV can cost less than a comparable gas model over five years. Plus, you’ll enjoy a quieter, cleaner, and more connected driving experience.

As Ford continues to expand its EV lineup—with the Explorer EV and future models on the horizon—now is the perfect time to go electric. Whether you’re driving through downtown Vancouver or towing a trailer across the Prairies, Ford has an electric vehicle built for Canadian life.

Frequently Asked Questions

What is the starting price of Ford electric cars in Canada for 2024?

The 2024 Ford Mustang Mach-E starts at $56,995 CAD, while the F-150 Lightning begins at $69,995 CAD. Pricing varies by trim and available incentives.

Are there any government rebates included in Ford electric car prices in Canada?

Yes, eligible Ford electric vehicles qualify for federal iZEV rebates (up to $5,000 CAD) and some provincial incentives. The final Ford electric car price in Canada drops significantly with these programs.

How does the Ford F-150 Lightning price compare to gas-powered models in Canada?

The F-150 Lightning starts $20,000–$30,000 CAD higher than gas models but offers lower fuel/maintenance costs. Long-term savings offset the initial Ford electric car price in Canada.

Which 2024 Ford EV offers the best value for money in Canada?

The Mustang Mach-E Select trim (mid-range) balances features and cost at ~$62,000 CAD. It includes AWD, 300+ km range, and tech upgrades over the base model.

Do Ford electric car prices in Canada include destination charges?

No, the listed prices exclude destination fees (~$2,000–$2,500 CAD) and dealer charges. Always confirm the total out-the-door cost when purchasing.

Are lease options available for Ford electric cars in Canada?

Yes, Ford offers EV leasing through Ford Credit Canada, with monthly rates starting at ~$450 CAD for the Mach-E. Leases often include reduced rates and maintenance packages.