Ford has recently been more enthusiastic with its electric crossover model, which is due to officially launch soon. The car manufacturing giant now confirmed that the upcoming sensation will be an all-electric vehicle based on Ford's ever-young muscle Mustang. 

While speculations of the car enthusiasts are in full swing with the latest teaser released by Ford a few months' ago, the latest insight from the company's end briefed that the official unveiling of the vehicle, dubbed as the seventh generation Mustang will be delayed "by about a year." The teaser clip showed up a lightning fast object, possibly the vehicle, taking on its wheels after getting out from a garage and also a blinking name: 'Mach 1'  

The first part of the teaser shows an Explorer SUV and a Mustang entering the garage. So, the new all-electric car would possibly be a crossover of both the above-mentioned cars. However, Ford's president of global markets, Jim Farley, confirmed that the new vehicle won't be named as 'Mach 1,' as per a report by electrek. He further added: "We put that [The Official Teaser] out there to evaluate it. There are pros and cons. I don't want to handicap it at this point, but we got a very strong reaction from people." 

While giving an interview to Automotive News, Farley stated that Ford is looking forward to injecting and spreading its Mustang DNA into the company's other segments as well. In the first phase of the year, Ford authorities briefed that Mustang will be its one and only passenger car and the company won't release any more vehicles in this segment. Rather, Ford will only focus on building SUVs and trucks. However, the company's reason behind such exclusiveness for Mustang is still a mystery.

Ford also announced its plans to "bring 16 battery-electric vehicles to market by 2022"  beginning with this seventh generation all-electric Mustang branded CUV will hold the capability to run 300 miles at a stretch, in 2020. But now, with the new official briefing, car enthusiasts can expect to see it on road by the end of 2021.

While analyzing the reason behind this delay, major sources stated this was due to Ford CEO Jim Hackett's move. He is said to be innovating something with the single-use platform and moving a step ahead by replacing it with the RWD/AWD architecture, which is to be seen in the next edition of Ford Explorer. However, it is to see how will the new concept be on the next all-electric variant of Mustang.