Mustang Mach E Electrifying Ford’s 2020 Offerings

The Mustang Mach E, Ford’s newly unveiled electric car, is an SUV with a lot riding on its struts.

1969 Ford Mustang Mach 1 coupe. Photo courtesy of sv1ambo

The Future in Now
Ford Motor Company is betting big that its redesigned, futuristic, sporty, high-performance electric car will sell a lot better than their more utilitarian (read boring) electric cars like the battery-run Focus compact car.


Name that Car
When you think “Mach E” consumers should immediately think about “Mach 1” versions of the Mustang sports car, offered by Ford at different times through the years.


Money is No Object?

Ford is going to sell the Mach E at a base price of $43,000. Buyers will be able to choose from three variants of the car: Select, Premium and First Edition. Next year Ford is promising a “California Route 1” version and a bit later they are hoping to introduce a high-performance GT model.


Batteries are Included
Ford announced that the Mach E battery will go for 230 miles before needing a charge. Extended range models are aiming for 300 miles per charge. This compares well with competitor Tesla’s Model Y sport utility, which has a 300-mile range for its rear-drive versions, and a bit less for its al-wheel drive performance models.


Speed Racer?

Ford’s goal is to get the Mach E from 0 to 60mph even faster than the least expensive Porsche Macan SUV. The GT version of the Mach E is aiming for an acceleration target of the “mid-3-second” range. This compares favorably with the Porsche 911, according to Ford.


Full-Screen Dashboard
The Mach will come equipped with a 15.5-inch screen. Tesla’s Model 3 comes with a 15-inch screen. The screen will offer a new generation of its Sync infotainment software that gets its updates through the air, just like a Tesla.


Its Great. When Can I Get Mine?
Consumers can already place their orders. Beginning on November 17, 2019, customers just need to hand over $500 as a deposit to secure their order. The cars should begin arriving by the end of next year.

James Cannon

About James Cannon

James Cannon is an experienced hedge fund analyst. He has served on the advisory boards for various different Fortune 500 companies as well as serving as an adjunct professor of finance. James Cannon has written for a variety of Financial Magazines both on and off line. Contact James at james[at]businessdistrict.com