480-HP 2021 Ford Mustang Mach-E GT Nearly $24K More Than V-8 GT

• The 2021 Ford Mustang Mach-E GT starts at $61,000, and the quicker GT Performance Edition model will cost $66,000, Ford has announced.

• The GT Performance Edition produces 214 pound-feet of additional torque and is equipped with larger brakes, Pirelli summer tires, and magnetorheological dampers.

• Orders open on April 28, and the GT models will arrive at dealers in the fall.

The Ford Mustang Mach-E's higher-performance GT and GT Performance Edition models will arrive in the fall with 480 horsepower and a new track driving mode. Orders will open on Wednesday, April 28, starting at $61,000 for the GT and $66,000 for the GT Performance. That's $23,685 more than the 460-hp V-8–powered Mustang GT and $1190 cheaper than the Tesla Model Y Performance.

Mustang Mach-E GTs are equipped with an 88.0-kWh battery pack and two electric motors, one on each axle, sending power to all four wheels. However, their front motor is more powerful than the lesser Mustang Mach-E's. Total output is 480 horsepower and 600 pound-feet of torque, but 643 pound-feet of torque in the GT Performance Edition. Ford says the GT will reach 60 mph in 3.8 seconds and the GT Performance Edition in 3.5 seconds. In our test, the Premium AWD model with the larger battery hit that mark in 5.1 seconds, trailing the 330-hp Mustang 2.3L High Performance by 0.1 second.