FILE PHOTO: Members of the media look over the 2020 Ford Mustang Shelby GT500 after it was revealed on the North American Worldwide Auto Present in Detroit, Michigan, U.S., January 14, 2019. Information/Jonathan Ernst
(Information) – Ford Motor Co (F.N) will use the Mustang identify, beforehand reserved for a muscle automotive, for an electrical sport utility car (SUV) that clients in the US, Canada and Europe can begin ordering on Nov. 17, the corporate stated on Thursday.
Ford confirmed its new electrical SUV might be known as the Mustang Mach-E forward of a debut occasion scheduled for Los Angeles on Sunday. Till now, the Mustang identify has been used solely on a line of sporty coupes related to Detroit’s 1960s muscle automotive period.
The SUV might be amongst a greater than dozen all-electric cars the corporate plans to launch by 2022 with an funding of $11.5 billion because it strikes away from conventional gas-powered vehicles.
In April, the No.2 U.S. carmaker invested $500 million in electrical automaker Rivian and stated it deliberate to make use of the Michigan startup’s platform to construct a brand new Ford-branded electrical car.
A reservation for the Mustang Mach-E could be made on Ford’s web site in the US, Canada and Europe by paying a refundable deposit of $500, the corporate stated.
Ford stated it might announce reservation dates for China later.
Reporting by Ankit Ajmera in Bengaluru; Enhancing by Anil D’Silva and Mark Potter