Using the newly developed, Multiscale Atmosphere-Geospace Environment (MAGE) model, we simulated the penetrating electric field in the equatorial region under different interplanetary magnetic field (IMF) Bz conditions during September 2020. Two intervals were selected for detailed analysis with the vertical ion drift data from the NASA ICON. The MAGE simulations show that in southward IMF (S-IMF) cases, the dawn-dusk electric potential drop at the equator is about 14% of the cross polar cap potential difference. The dawn-dusk potential drop at the equator varies instantaneously with the changes in the IMF Bz or interplanetary electric field, which in turn alters the vertical ion drift. The daytime changes of the equatorial vertical ion drift in response to the penetrating electric field related to the IMF Bz are only half of that during the nighttime, due mostly to the E-region dynamo. MAGE simulation shows pre-reversal enhancement (PRE) during southward IMF cases, but the PRE was absent in the ICON IVM observations. Further observations and modeling are needed to resolve this discrepancy.