US Electric Car News: Electric Camaro? Maybe. Electric Mustang? Never. ID.7? Not Now

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The road to the electric car future has developed some twists and turns of late as automakers struggle to understand the current market.

to the wishes of their customers. The new car market is made up of several sectors, and the adoption of EV models varies widely depending on what sector you are talking about. Electric SUVs like theare pretty much what many Americans are searching for in an EV — room for 6 or 7 passengers and their “stuff,” with the possibility of towing a medium-size trailer as well.

Reuss said the price of the Camaro EV could be similar to that of the 2024 Chevrolet Equinox EV compact crossover, which will start at $34,995 when the entry model goes on sale later this year. That’s not any cheaper than the base 2024 Chevrolet Camaro, but factor in a $7,500 federal tax credit and the price effectively drops to $27,495, which would make this hypothetical EV about $5,000 less than the last gasoline-powered Camaro with an infernal combustion engine.

“We will never build a Mustang that isn’t a Mustang,” he insisted. “For instance, there will never be room for a small, two-row Ford SUV with a Mustang badge stuck on it. But could we do other Mustang body forms – a four-door or whatever? I believe we could, as long as these models have all the performance and attitude of the original.

 

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