REUTERS: Ford Motor Co will start taking reservations for its electric sport utility vehicle, Mustang Mach-E, starting Nov. 17, when the U.S. automaker unveils the vehicle at an event in Los Angeles, the company said on Thursday.
The Mustang-inspired electric SUV will be among a more than dozen all-electric automobiles the company plans to launch by 2022 with an investment of US$11.5 billion as it moves away from traditional gas-powered cars.In April, the No.2 U.S. carmaker invested US$500 million in electric car maker Rivian and said it planned to use the Michigan startup's platform to build a new Ford-branded electric vehicle.
A reservation for the Mustang Mach-E can be made on Ford's website in the United States, Canada and Europe by paying a refundable deposit of US$500, the company said.