On Sunday, Ford revealed its much-anticipated, all-electric Mustang Mach-E SUV ahead of the official opening of the Los Angeles auto show.Ford also opened an online ordering site for the Mach-E, where vehicles could be reserved for a $500 deposit.The Mach-E is the first new vehicle to join the Mustang lineup since the iconic pony car's introduction in 1964.Ford said that the Mach-E can be outfitted with an extended-range battery and rear-wheel drive that could achieve 300 miles of range on a single charge.In an "all-wheel-drive configuration," Ford said, the "Mach-E is targeting 332 horsepower."The Mustang Mach-E is priced from $43,895, with high-performance version rising to more than $60,000. The vehicle should arrive in late 2020.Two performance versions of the Mustang Mach-E will also hit the market by 2021. The GT trim "is targeting 0-60 mph in under 4 seconds," Ford said. The GT Performance Edition "is targeting a ... 0-60 mph in the mid-3-second range." Horsepower for each is 459.The Mustang Mach-E will also get Ford's next-generation SYNC infotainment system, featuring a 15.5-inch central touchscreen.Sign up for Business Insider's transportation newsletter, Shifting Gears, to get more stories like this in your inbox.Visit Business Insider's homepage for more stories.
LOS ANGELES â On Sunday, Ford Chairman Bill Ford and CEO Jin Hackett, with some help from Idris Elba (who worked at a Ford plant in England before he made it big), revealed the much-anticipated Mustang Mach-E.
The all-electric SUV was controversial when announced. Mustang purists might not have wanted the pony car's iconic styling and nameplate applied to an electric vehicle, much less a crossover SUV.
But Ford took the plunge and staged a Tesla-level extravaganza to introduce the newest Mustang to the world.
Check out the Mustang Mach-E:
Original author: Matthew DeBord