At the start of the year, Ford announced that it is planning to develop a new electric vehicle that focuses on performance. At the announcement, Ford said that the new performance EV would be named Mach 1. Eventually, the Mach 1 moniker was shelved, but not the performance EV. Now, Ford has released a new teaser that officially previews this upcoming EV.
During the January announcement, Ford said that this performance EV would released in 2020. In March this year, Ford Global Markets President Jim Farley remarked that the performance EV would be like a four-door SUV version of a Ford Mustang. Essentially, this means that the new performance EV would be an electric SUV with the looks or performance of the Mustang, or both.
Now, the recently released teaser image looks like a sketched silhouette of Ford’s new performance EV. It may seem so vague and unclear until a closer inspection reveals that it features the rear end of a Ford Mustang. That basically confirms the relationship of the new performance to Ford’s iconic pony car. However, this is a teaser image, and a sketch nonetheless, which means that it final looks may differ from the Mustang but retain some cues that indicate its high-performance nature.
This all-new Mustang-inspired fully electric performance SUV is just one of the planned EVs at Ford. The carmaker is actually pretty serious in developing new generation of electric vehicles. This is evidenced by the fact that Ford created a new group -- Ford Team Edison – that focuses exclusively on electrified vehicles for both Ford and Lincoln.
According to the company, Ford Team Edison is its dedicated global battery electric vehicle team, as led by Ted Cannis. The team has been tasked to move fast to deliver vehicles and experiences that are distinctly Ford and human-centric in design. The team is seeking to take a holistic approach to its work, as the development of these EVs will not entail design and engineering, but also involve marketing, profit potential and charging strategy.
Darren Palmer, Ford Team Edison Global Product Development Director, remarked it is now an exciting time to bring forward a winning portfolio of EVs, as the overall EV market is accelerating at an exponential rate. Palmer revealed that Ford is injecting around $11 billion in investments to allow Team Edison to develop and build 16 fully electric vehicles within the carmaker’s planned global portfolio of 40 electrified vehicles through 2022.
One of these full EVs is the Mustang-inspired performance electric SUV. When it arrives in 2020, this new performance electric SUV – still without a name – is expected to have a range of 300 miles per full single charge. Expect Ford to release more details of the performance electric SUV in the coming months.