As you may have guessed, this utility vehicle has been christened the Mustang Mach-E.
Ford Motor Co (F.N) will use the Mustang name, previously reserved for a muscle auto, for an electric sport utility vehicle (SUV) that customers in the United States, Canada and Europe can start ordering on November 17, the company said on Thursday.
The Mustang Mach E Premium, which will also feature more creature comforts, will start at $50,600 MSRP without the federal tax incentives and offers an EPA-estimated range of 300 miles and a similar mid-5-second 0-60 mph acceleration time.
Recent spy photos that captured a almost undisguised prototype reveal a compact utility with a low roofline, bulging fenders and a taillight design similar to that on the current Mustang's.
Ford said in its announcement that a limited First Edition of the Mach E will be released, but it did not give any indication of how many units will be available for purchase, only saying that "timing will be critical".
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According to the site, the Mach-E is scheduled to debut in late 2020, but you may have to wait until 2021 for the GT version.
Once the Mustang Mach-E is revealed on Sunday, interested customers can log onto a website and place a refundable $500 deposit.
To reserve one of these vehicles, drivers residing in the United States, Canada or Europe will need to create an account with Ford. During the reservation process, you also select your preferred Ford dealer, presumably for eventually picking up the auto.
On Sunday, Ford will announce what is possibly the biggest change ever in the 55-year history of the Mustang.
Ford and General Motors Co are working on electric pickup trucks as well. But next year, before either of those efforts bears fruit, we'll get to see Ford's first in-house, long-range BEV hit the showroom.