Ford CEO Jim Farley has made a decisive statement: Ford will not produce an all-electric Mustang. This declaration is a notable contrast to the general trend of electrification in the automotive industry. Farley’s decision reflects Ford’s commitment to maintaining the Mustang’s legacy, emphasizing its V8 engine, the two-door design, and the option for manual transmission. While the Mustang Mach-E is an EV model, it’s seen as a separate offering, not a replacement. Ford plans to keep building V8 Mustangs for as long as consumer demand and regulations permit. The company is also considering alternative fuels like hydrogen or sustainable options to continue the Mustang’s heritage. Ford is committed to a large investment in EV technology, but believes a universal shift to EVs isn’t practical. The success of the Mustang Mach-E has enabled Ford to keep the gas-powered Mustangs in production. With other muscle cars fading, the Mustang’s position in the automotive market is becoming increasingly unique. The V8 Mustang isn’t just surviving; Ford is working to preserve it.
