Ford is set to unveil the seventh-generation of its Mustang sports car in Detroit, but is not moving away from loud, powerful engines.
Just like the original 1964 version, the newly redesigned Mustang will run on gasoline, a decision that seems to step away from Detroit’s automakers who are going all-electric.
The Mustang’s presentation is a key event during this week’s North American International Auto Show in Detroit, the first since 2019.
U.S. President Joe Biden visited the show Wednesday ahead of its public opening on Friday. Biden will announce the approval of the first $900 million in funding to build EV charging stations in 35 states as part of a $1 trillion infrastructure law approved in November, the White House said.
Ford’s renewed interest in gasoline came hours after the Detroit company announced a plan for its nearly 3,000 dealers to become “EV-certified”, under one of two programs with investments of $500,000 or $1.2 million.
“We’re betting on the dealers. We’re not going to go direct. But we need to specialize,” CEO Jim Farley told reporters after briefing dealers about the plans.