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First Edition electric Mustang ‘sold out’

Ford’s order book for its new vehicle is full less than two months since it was launched.
Posted on 03 January, 2020
First Edition electric Mustang ‘sold out’

Ford Motor Co says it has filled all reservations for its high-end Mustang Mach-E First Edition electric sport utility vehicle.

The electric Mustang crossover was unveiled at the Los Angeles Auto Show in November 2019 and the carmaker began taking reservations with a refundable deposit of US$500 (NZ$747).

While Ford says it has filled the US order bank for the First Edition, the company did not provide details on the exact number of reservations it has taken.

There are four other versions of the Mach-E in addition to the First Edition, which sells for about US$60,000, and Ford says global production in the first 12 months for all versions is limited to about 50,000 vehicles.

The Mach-E is the first of more than a dozen all-electric vehicles Ford plans to launch by 2022 and the car is meant to challenge electric carmaker Tesla.