Ford unveils all-electric Mustang Mach-E SUV

Ford Motor Company is expanding the Mustang family, bringing the famous pony into the electric age with Mustang Mach-E - the first four-door model that will wear a Mustang badge; but more significantly, it’s Ford’s first all-electric plug-in SUV.  

Now Ford is hoping to keep the car cool by going green after 55 years and departing from its double-door existence.
Despite having four doors and space for five people and their stuff, the Mustang Mach-E will not be frumpy. A “GT Performance Edition” will hit 60 in about three-and-a-half seconds — quicker than the Porsche 911 GTS, Ford points out. 
“Mustang Mach-E GT Performance Edition brings the thrills Mustang is famous for, targeting 0-60 mph in the mid-3-second range and an estimated 342 kW (459 horsepower) and 830 Nm (612 lb.-ft.) of torque,” Ford stated in a release.
The Mach-E’s range is impressive: An extended-range battery and rear-wheel drive model travel will travel at least 300 miles on a single charge — similar to Tesla’s upcoming Model Y compact crossover.  
Ford unveiled its all-electric Ford Mustang Mach-E crossover SUV on Sunday, and Tesla CEO Elon Musk sent out a congratulatory tweet following the announcement.
Musk said he's excited about Ford's $43,895 Mustang Mach-E electric SUV - Tesla's Model Y is priced at $39,000. 
Mustang, which took the world by storm in 1964, truly represented the best of the American spirit - freedom, progress, fast performance and a touch of rebellion. “Now, Mustang is ready to reimagine these ideas for a powerful electric future, with space for customers’ growing needs and advanced over-the-air updates that continue to improve the vehicle.”
“At the first-ever Detroit auto show, Henry Ford said he was working on something that would strike like forked lightning,” said Bill Ford, executive chairman, Ford Motor Company. “That was the Model T. Today, the Ford Motor Company is proud to unveil a car that strikes like forked lightning all over again. The all-new, all-electric Mustang Mach-E. It’s fast. It’s fun. It’s freedom. For a new generation of Mustang owners.”
Developed in a century-old brick building a few blocks away from Henry Ford’s first factory in Detroit, Ford brought the Mustang Mach-E to life through a development process concentrated entirely on customer needs and desires. The result is a sleek, beautiful SUV that delivers spirited ride and handling, with state-of-the-art connected vehicle technology that makes Mach-E even better over time.
“Mustang Mach-E embodies the Mustang spirit – from its sleek silhouette and muscular curves to exhilarating drive experiences that offer unique driving dynamics and sounds. Mustang Mach-E GT Performance Edition brings the thrills Mustang is famous for, targeting 0-60 mph in the mid-3-second range and an estimated 342 kW (459 horsepower) and 830 Nm (612 lb.-ft.) of torque,” Ford stated in a release.
“The Mustang Mach-E wholeheartedly rejects the notion that electric vehicles are only good at reducing gas consumption,” said Hau Thai-Tang, Ford’s chief product development and purchasing officer. “People want a car that’s thrilling to drive, that looks gorgeous and that can easily adapt to their lifestyle – and the Mustang Mach-E delivers all of this in unmatched style.”
When it arrives in late 2020, Mustang Mach-E will be available with standard and extended-range battery options with either rear-wheel drive or all-wheel drive powered by permanent magnet motors. Equipped with an extended-range battery and rear-wheel drive, Mach-E has a targeted EPA-estimated range of at least 300 miles. In extended-range all-wheel-drive configurations, Mach-E is targeting 332 horsepower and 417 lb.-ft. of torque – with the standard all-wheel-drive variation targeting quicker times to 60 mph than the base Porsche Macan series.
Customers can now visit the Mustang Mach-E reservation site to make a $500 reservation deposit.4 A limited First Edition will be available in extended-range all-wheel drive, with red painted brake calipers, metallic pedal covers, contrasting seat stitching and a scuff plate marked First Edition. Those looking for the thrill of the Mach-E GT can make reservations now for deliveries starting in spring 2021.