Ford’s New Electric Vehicle Sells Out Advanced Orders

In an article for NBC News, Guidehouse Insights discusses the potential for Ford’s new electric Mustang

Ford has filled all its advance orders for the First Edition Mach-E. The long-range-battery-electric vehicle is expected to be as fast as a Porsche 911 GTS.

In an NBC News article, Guidehouse Insights’ Sam Abuelsamid, principal research analyst, discussed what Ford’s new Mustang could mean for the future of the auto company.

“[The Mach-E] is a direct competitor to the Tesla Model Y and has the potential to be quite successful,” Abuelsamid said. “I think they have the right vehicle in the right segment with the right characteristics.”

About two years ago, Ford changed its EV plans, shifting from a strategy that created a car to meet stringent zero-emissions standards with projected modest demand to a sportier, more powerful vehicle.  

While Ford has filled the U.S. order bank for the Mach-E, it has not disclosed the exact number it intends to make, although Abuelsamid believes they will be building "about 10,000 of them.”

Overall, company insiders have hinted they would like to sell 50,000 new Mustangs worldwide during its first year of production. 

Read the NBC News Article
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