Ford on Sunday unveiled its all-electric 2021 Mustang Mach-E, an SUV based on the automaker's new EV architecture. The Mach-E marks an attempt to expand the appeal of the iconic Mustang and lure in a new generation of buyers. The Mach-E is the first Mustang that isn't a two-door sports car.
The vehicle, with a starting price of about $44,000, is part of Ford's $11 billion effort to introduce 40 new electric and hybrid models by 2022, reports CNBC. Ford said the Mach-E would get 210 miles to 300-plus miles on a charge, depending on the battery option. The Mach-E's performance and price will rival Tesla's Model Y SUV. Ford CEO Jim Hackett said the Mach-E also will have the company's new hands-free driver assist system, similar to Tesla's Autopilot and Cadillac's Super Cruise systems.
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