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Starting at $43,895 and coming in late 2020

Ford’sFord’s first entry into the new world of electric vehicles has been revealed. The company unveiled the Mustang Mach-E SUV on Sunday night following months of teaser images, years of hype about a $11 billion push into EVs, and a last-minute leak that spoiled a good amount — but certainly not all of — the details about the vehicle.

Unlike a lot of the electric competition from automakers like Audi, Mercedes-Benz, or Jaguar, the Mustang Mach-E will be offered in a slew of variants and trims, to an almost dizzying degree. Ford will sell versions of the five-seater SUV that can travel 210 miles on a full battery, and also ones that go 300 miles. One of the Mustang Mach-E options will beat most sports cars from 0 to 60 miles per hour, while others will just barely edge out a Chevy Bolt. Some ship in late 2020, and some in Spring 2021.

None are exactly cheap — the most affordable one starts at $43,895, which is a few thousand dollars more than the current average selling price of a vehicle in the US. But buyers of Ford’s electric and hybrid vehicles are still eligible for the full $7,500 federal tax credit — something Ford was quick to point out Sunday night. Depending on the state people live in, government incentives could help reduce the ultimate cost by around $10,000 in the US.

For people who can afford it, there’s a lot on offer. For those who can’t, Ford hopes the Mustang Mach-E is something to aspire to as the company rolls out more electric vehicles in the coming years.

Let’s start with that base $43,895 version of the Mustang Mach-E, which Ford has dubbed the “Select” model. The Select Mustang Mach-E will be offered in both rear-wheel drive (RWD) and all-wheel drive (AWD) configurations when it ships in “Spring 2021,” and both versions use the same 75.7kWh “standard range” battery pack Ford has designed for its new EV. The RWD version will have a range of about 230 miles, and around 255 horsepower, with the ability to go from 0 to 60 miles per hour in six or seven seconds. The AWD version will be about a second quicker at the expense of range, with an estimated 210 miles on a full battery. Both can charge at rates of up to 115 kW at DC fast charging stations, while the rest of the Mustang Mach-E variants will be able to charge at up to 150kW.

(All variants come with a home charger that can plug into 120V or 240V outlets, though Ford will sell a faster home charger, for which the company is partnering with Amazon Home Services to help with installation.)

The next level up is the “Premium” Mustang Mach-E, which starts at $50,600 and starts shipping late 2020. Customers can buy the Premium Mustang Mach-E with the standard range battery pack, or pay more for a 98.8kWh “extended range” pack. Each version can be optioned with RWD or AWD, meaning there are four possible range estimates here: 210 miles for standard range with AWD, 230 miles for standard range with RWD, 270 miles for extended range with AWD, and 300 miles for extended range with RWD.

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