Get ready for the latest gas-powered Ford Mustang and an electric vehicle
- AutoForecast Solutions reports that the latest ICE Mustang began production in March 2023 as a 2024 model – a similar timeline for the Dodge Challenger and Charger initially.
- Industry sources say a battery-electric Mustang based on the Mach-E platform will debut around mid-2028 to replace what will be the last internal combustion model.
- Mustang’s current assembly plant in Flat Rock, Michigan (picture above) is the planned plant for the latest ICE model and the first BEV model, according to a source.
When CEO Jim Farley told Wall Street analysts in Ford Motor Company’s second-quarter earnings report that an all-new Mustang would be unveiled at the Detroit auto show next month, he didn’t answered if it would include a popular hybrid version.
The answer, industry sources say, is “no”, but a battery-electric Mustang based on the Mach-E platform will debut around mid-2028 to replace what will be the last internal combustion model. .
AutoForecast Solutions reports that the last ICE Mustang goes into production in March 2023 as a 2024 model, a similar schedule for the Dodge Challenger and Charger initially. The Mustang Mach-E, which is sold out for the 2022 model year, easily offsets the carbon emissions of the ICE Mustang, so there’s no need for a hybrid.
Five model years is only half the life cycle of the current Ford Mustang (which premiered in 2015) and the 2005-14 model before that. But the accelerated replacement of petrol and diesel models seems to be the way of the automotive world since the development of electric vehicles began to accelerate in response to the ambitious net zero emissions goals of various governments and companies. Electric vehicles account for about 6% of auto sales in the United States, up from less than 2% before the coronavirus pandemic.
The ’24 Mustang has been in development for much of the past decade and will be based on the rear-drive architecture of the Explorer and Lincoln Aviator. These SUVs changed from a front-wheel-drive transverse-engine platform to a longitudinal-engine RWD/AWD to give the new Mustang architecture enough bulk for the budget.
This news could upset some baby boomers for whom Lee Iacocca developed the original Mustang, which was launched in April 1964. Fans of the car began a letter-writing campaign in the mid-1980s to stop plans for Ford to replace the Fox-bodied Mustang with a new front-drive V-6 model that instead became the 1989 Probe. But a Mustang EV has more of a future with Gen-Z customers.
The full-EV Mustang, likely a 2029 model, will be based on the Mach-E platform. CEO Farley told investment analysts on the second-quarter conference call in late July that Ford isn’t developing dedicated EV platforms like General Motors’ Ultium battery architecture.
Ford announced in 2017 that it would add a hybrid powertrain to the Mustang, based on the current model, for 2020 – obviously that didn’t happen. Ford has since developed electric vehicles from conventional internal combustion Transit vans and F-150s.
While the Mustang Mach-e is assembled in Mexico with a Chinese-made battery, Mustang’s current assembly plant in Flat Rock, Michigan is the expected plant for the latest ICE model and first BEV model. , according to a source, who says the factory wouldn’t have enough capacity to build both versions at the same time. However, we expect low-volume, high-performance ICE Shelby Mustangs to be built toward the end of 2028 production and hit showrooms by the end of the year.
The Mach-E architecture most likely offers battery chemistry and technology that would better maximize the performance and range of a Mustang EV, compared to an ICE-based model. Expect a lower, sleeker two-door body over the Mach-E, which already comes standard as an RWD model (no probe issues here).
Admittedly, Ford’s marketing pros are already figuring out the nomenclature for a high-performance Mustang BEV, since Mach-E is already taken. So… Boss-E? Shelb-E? You’re welcome, Ford.