Jim Farley’s Bold Stance: The Mustang Will Not Go Fully Electric

In a surprising move, Ford CEO Jim Farley has confirmed that Ford will not create an all-electric Mustang. This declaration counters the industry’s trend toward electric vehicles. The core identity of the Mustang, according to Farley, is built upon its V8 engine, the classic two-door design, and manual transmission. While the Mustang Mach-E, an EV, exists, it is intended to complement the traditional model, not replace it. Ford plans to continue producing V8 Mustangs, including those with manual transmissions, contingent on regulations and consumer demand. Ford is exploring options like hydrogen or sustainable fuels to preserve the Mustang’s heritage for customers. Ford is committed to a significant investment in EV technology, but it is also acknowledging that a complete shift to EVs may not be suitable for all vehicle segments. The Mustang Mach-E, an electric crossover, has aided in funding the ongoing production of the gasoline-powered Mustang. The success of the Mach-E has given Ford the freedom to continue producing the original Mustang, while other companies are phasing out similar models. The Mustang’s position in the automotive market is unique, and Ford is committed to maintaining its iconic status, ensuring its emotional connection with fans. The V8 Mustang isn’t merely surviving; it is being deliberately preserved for as long as feasible.