After years of automakers losing money on EVs, including Ford’s first foray that started nearly a decade ago, Ford CEO Jim Hackett on Sunday said the Mach-E will be profitable.
KEY POINTS
- Top performance models of the Mustang Mach-E will achieve 0-60 mph in the mid-3-second range.
- It has an estimated 459 horsepower and 612 lb.-ft. of torque.
- Starting pricing — excluding federal tax incentives of up to $7,500 — will range from about $43,895 for the base “Select” model to $60,500 for the GT.
Ford Motor Executive Chairman Bill Ford, left, and actor Idris Elba next to Ford’s all-electric Mustang Mach-E GT SUV at Jet Center Los Angeles in Hawthorne, California on Sunday, Nov. 17, 2019. Elba, who previously worked at Ford Motor Co. in the 1980s, helped introduce the vehicle to the public.Ford
Ford Motor on Sunday unveiled the 2021 Mustang Mach E, the automaker’s first all-electric performance SUV and the beginning of a new EV strategy for the company.
Here are five important things you should know about the vehicle:
It will be profitable
After years of automakers losing money on EVs, including Ford’s first foray that started nearly a decade ago, Ford CEO Jim Hackett on Sunday said the Mach-E will be profitable.
“We will make a profit from car one, which is unusual,” Hackett told reporters after the unveiling. “We think we will attract a lot of customers with this.”
Recent Comments