2024 Ford Mustang Mach-E price and specs: Electric SUV from $79,990

The 2024 Ford Mustang Mach-E electric SUV will be priced from $79,990 plus on-road costs when it arrives in Australian showrooms between October and December 2023 – which calculates to a drive-away price of close to $85,000 depending on charges in each state and territory.

Open for pre-orders from today (10 May 2023), the Mustang Mach-E will initially be offered locally in three model grades – the rear-wheel-drive Select and Premium, and all-wheel-drive GT – with up to 600km of claimed driving range.

The Mach-E is Ford Australia’s second electric vehicle – behind the E-Transit large van due imminently – and arrives in Australia four years after it debuted in the US.

Prices start from $79,990 plus on-road costs for the base-model Select, with 470km of claimed driving range, 19-inch alloy wheels, a large Tesla-style touchscreen and a panoramic sunroof as standard.

The top-of-the-range, high-performance GT will be the most expensive Ford passenger vehicle ever sold in Australia – priced from $108,990 plus on-road costs – and the quickest, with a claimed 0-100km/h acceleration time of 3.7 seconds.

The Mustang Mach-E closest rival, the Tesla Model Y, is priced from $69,300 in standard-range Rear-Wheel Drive, $82,300 in dual-motor Long Range All-Wheel Drive, and $95,300 in Performance AWD forms (all prices before on-road costs and where applicable, Luxury Car Tax).

Buyers will be able to pre-order a Mustang Mach-E from 2:00pm on 10 May 2023 on Ford Australia’s website, by choosing their preferred variant, creating an account, and paying a $1000 reservation fee to an “authorised Ford EV [electric vehicle] dealer”.

Powering the entry-level Mustang Mach-E Select is a 198kW/430Nm electric motor on the rear axle, and a 71kWh battery pack using lithium iron phosphate technology – similar to a base-model Tesla Model Y electric SUV ($69,300 plus on-road costs).

New to the standard-range Mach-E globally for 2023, the lithium iron phosphate design is cheaper than traditional lithium-ion technology, and can allow for more full charges without causing long-term damage to the battery – but it is not as energy dense.

Ford claims 470 kilometres of driving range according to European WLTP testing protocols.

Standard features on the Mustang Mach-E Select include 19-inch alloy wheels, a 15.5-inch touchscreen, synthetic leather-look seat upholstery, power-adjustable seats, a 10-speaker sound system, 360-degree camera and a wireless phone charging pad.

The Mustang Mach-E Premium – priced from $92,990 plus on-road costs – upgrades to a 91kWh lithium-ion battery and 216kW/430Nm rear electric motor, good for a claimed 600km of WLTP lab-tested driving range.

Additional equipment includes projector LED headlights (believed to replace reflector LED lights on the Select), red contrast seat stitching, black headlining, multi-colour ambient interior lighting, and “premium-finish” sill plates and pedals.

The top-of-the-range Mustang Mach-E is priced from $108,990 plus on-road costs – about $9000 dearer than the previous most expensive Ford passenger vehicle ever sold in Australia, the 2020 Mustang R-Spec supercharged V8 muscle car.

It is powered by dual electric motors with combined outputs of 358kW and 860Nm, claimed to be good for zero to 100km/h in 3.7 seconds, which makes it the quickest-accelerating car ever sold by Ford Australia.

It is worth noting the headline acceleration time was achieved with ‘one foot rollout’ – the one foot (30cm) gap on a drag strip between where the car starts and where it begins to be timed, in which space a car can hit about 5km/h, cutting a few tenths of a second off the acceleration time.

The GT is the only Ford Mustang Mach-E variant in Australia to be fitted with MagneRide adaptive suspension – as part of a performance package optional in the US, but standard in Australia, which also includes 20-inch wheels, Pirelli tyres and Brembo performance brakes.

Testing by Drive in the US of the standard suspension in the Mach-E GT overseas found it stiff, even on smooth roads – with a MagneRide-equipped model only delivering a mild improvement.

Ford Australia has previously said it has no plans to develop a unique Australia-specific suspension tune for the Mustang Mach-E.

The Mustang Mach-E GT has the same 91kWh battery as the Premium, but claims 490km of driving range on a charge due to its larger wheels, performance tyres and second electric motor.

All Mach-E models in Australia will offer FordPass Connect smartphone app support, allowing owners to remotely lock or unlock the car, check its location, and perform a number of electric-car-specific tasks, including plan a navigation route around recharging points, or check the battery charge level.

The 2024 Ford Mustang Mach-E is due in Australian showrooms between October and December 2023, pending any delays.

Note: All prices above exclude on-road costs.

A more comprehensive list of standard equipment is due closer to launch.

Prestige paint costs $700 extra. The list of colours available is yet to be published.