Ford is planning to release a new all-electric crossover with styling inspired by the Mustang on November 17.

It's rumored that it will be called the Mach E, and Ford says it'll have a driving range of 300 miles on a single charge.

It should arrive in 2020 with a starting price around $40,000.

UPDATE 10/25/19: Instagram page @allcarnews posted a few supposed CAD drawings (shown below) and associated renderings of what they claim is "98% of what the Ford Mustang Mach-E electric performance SUV will look like." The account cites "insider information," as the source, so while the CAD drawings might be real, we're not convinced that these renderings show what the final version of the all-electric crossover will look like.

Allcarnews via Instagram

It’s really happening. Ford is going to reveal its all-electric Mustang-inspired crossover next month. The name of the electric crossover hasn’t been officially announced yet, though Mach E has been cited frequently.

Ford announced that the electric crossover will make its debut on November 17, a day before we walk in to the Los Angeles auto show. The announcement comes with a side-profile silhouette of the crossover. We don't have any other details yet, other than that Ford claims a range of 300 miles.

Ford

The silhouette is our best look at the crossover so far. The headlights take direct styling cues from the 2020 Mustang, and the tri-bar taillights aren't left behind. The roofline looks similar to that of the Mustang we know and love, and it concludes with a sharp roof spoiler.

It's crucial that this electric crossover be a hit for Ford's sake, which explains why the automaker chose to use the Mustang's heritage to help promote it. Now that Ford's fuel-efficient passenger cars are no longer, the company needs to prove it's still environmentally friendly. Ford announced the launch of the largest EV charging network in the U.S. this month, which was probably a move made to prepare for the arrival of their electric crossover.

This new model will aim at currently available EVs such as the Chevrolet Bolt EV, Hyundai Kona Electric, and Kia Niro EV, along with the upcoming Tesla Model Y crossover scheduled to go on sale next year. We can expect Ford’s electric crossover start somewhere around $40,000 when it arrives in 2020.

We'll have all the details of Ford's upcoming all-electric crossover when it debuts on November 17.

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