2026 Ford Mustang Mach-E Premium Review: Will the latest price slash finally bring some sales?
The Mustang Mach-E remains Ford’s only electric car on sale in Australia (vans don’t count), and numbers have not been good.
Fewer than 500 shifted in 2025, less than half the number ol’ rival Toyota managed with its sole EV entry, the increasingly less ignored bZ4X.
Here’s what’s funny. In the USA, Ford sold over 50,000 ‘Stang Mach-Es last year, making it the fourth best-selling EV of 2025.
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Are Aussies missing something? Surely 50,000 Yanks can’t be wrong?
The Mach-E was gifted technology and cosmetic upgrades late in 2025, hoping the five-door SUV could start making a dent in rival Tesla Model Y sales.
We tested the mid-tier Mach-E Premium RWD over a week of family duties, commuting and, er, skids.
2026 Ford Mustang Mach-E Premium price and equipment
The big sparky Mustang is classified a large SUV, but it feels more of a mid-sizer (like the Model Y), especially due to the sporty slanting at the roof’s rear.
But it’s priced like a large SUV.
Even after heavy discounts from the original 2023 launch numbers (which were seriously optimistic), Ford asks $65,990 for a Select RWD; $80,490 for our Premium RWD; and a walloping $98,490 for a GT Dual Motor.
Desperate to shift some metal, Ford Australia’s meeting the market with heavy discounts.
Right now, the three grades are offered at $60k driveaway, $75k driveaway and $89k driveaway respectively.
All are therefore now under the LCT threshold, making them exempt from Fringe Benefits Tax (FBT) when purchased via a novated lease.
If we compare mid-grade rivals from medium EV SUV land, a Tesla Model Y AWD LR is $68,900; Zeekr 7X Long Range RWD $63,900; BYD Sealion 7 Performance $63,990; IM6 Platinum $69,990 driveaway; Kia EV5 Earth AWD $64,770; Hyundai Ioniq 5 Elite RWD $78,990 driveaway; and Skoda Enyaq 85 Sportline $59,990.
The Mustang Mach-E, therefore, is at the punchier end of the price bar.
And one senses Ford plays this Mach-E almost as a premium sub-brand. Notice how there are no Blue Oval Ford badges to be found: just the galloping pony for the grille, rear and steering wheel.
All in the range – including our Premium – have a panoramic sunroof, heated and power adjustable front seats, heated steering wheel, massive 15.5-inch central touchscreen, 360-degree camera, parking sensors front and rear, dual-zone ventilation and synthetic leather trim.
Regrettably, and in a sweltering Queensland summer, no ventilated seats in our Premium. When combined with the glass roof which has no shade, parking in the sun leads to a scorching cabin that takes a long time to cool down.
An unacceptable omission is the charging cable. Not one to be found, same as Tesla. This limited our charging to public DC only.
Alas, no spare tyre either, just a repair kit.
Inside, the dash and doors are familiar Ford style with a dash of flair, including classy cloth insets, and sexed up with Bang & Olufsen buttons to highlight the high-end audio system – which is bloody good.
Our Premium also has racy red cabin stitching, multi-option ambient lighting and, helping the muscle car look outside, red brake calipers behind 19-inch alloys.
As part of a 2025 change, our Premium also scores matte black cladding and body colour wheel arch mouldings.
Despite the Premium’s high price, it remains a single motor electric pony car. But numbers are decent. This Ford-designed unit offers 212kW and 525Nm, all sent through the rear wheels… as one would want with anything Mustang-badged.
It feels ample for a family SUV. The twin motor GT range-topper has an extra unit on the front axle for 434kW and 955Nm, if you really must get the bonkers one.
It’s a big price jump into the Premium, but you ditch the entry-level Select’s 73kWh LFP battery and 470km range, and score an 88kWh NMC unit offering a claimed WLTP of 600km.
Maximum AC charging’s 11kW; DC fast charging’s at a so-so 150kW, while a heat pump improves heating and cooling efficiency.
Sadly, the frunk size has dipped from the old Mach-E’s 134 litres to a rather useless 49 litres to make space for that heat pump.
2026 Ford Mustang Mach-E Premium: What we think
Call me an old traditionalist, but I don’t reckon the Mustang badge should be anywhere near an electric family SUV.
I was expecting to grumble from the first wheel turn, but there was more muscle and playful brutishness than I’d anticipated.
This Mach-E RWD isn’t bonkers fast nor dynamically standout, but it has something rare in so many EVs: a bit of bloody personality.
Through the giant screen – too big in my opinion; and like a giant distracting television at night – I immediately selected Untamed driving mode.
This weights-up the steering and offers a fake muscly burble. It’s in no way obtrusive due to Ford erring on the side of subtlety, but I found it a smile-inducing addition.
And good grief this thing doesn’t mind flinging its tail out in Untamed mode.
On the first damp roundabout, I put the shoe in along with some steering lock and the Mach-E decides it wants to Hoonigan play.
It’s wholly unexpected. The stability control allows decent rear slip before nanny throws the safety net, and the tyres screech anti-social noises while this big heavy SUV breaks traction.
It’s all a bit naughty, and suddenly that galloping Mustang on the steering wheel makes a bit of sense.
But look. It still body rolls a bit, definitely feels its 2-tonne+ weight and will never be confused with a “proper” two-door low-slung Mustang.
Although for an electric SUV, there’s enough Mustang DNA to keep you interested. But while it enjoys a play, its best trick is how inoffensive and normal it is to live with during daily duties.
Suspension is great at soaking up the bumps (although it jarred on a few particular nasties); the rear motor is well calibrated for smooth but zesty acceleration, and the cabin really well insulated from the chaos outside.
There’s a bit of premium to this drive experience, helped by changes Ford’s made to this Mach-E’s sway bars, springs and dampers. Our Premium, you see, lacks the adjustable dampers of the range-topping GT.
Also, there’s proper large balloon tyres over the 19-inch alloys, helping soak up those road hits.
One-pedal driving’s selectable through the screen, which works well in traffic, but is otherwise a bit too nausea-inducing. Best keep it off for daily drives.
Range? I started with 99 per cent charge and an indicated 476km, showing the previous drivers weren’t hitting economy targets when 600km range would be expected.
After 775km of testing our return was 17kWh/100km, which is about bang-on Ford’s quoted number, but thirstier than a Tesla Model Y RWD’s 15.3kWh/100km.
But a real world range of just over 500km looks far more likely than the bold claim of 600km, according to our test.
Our sole public charging was at a 50kW Evie public charger, where we got 41kWh in 53 minutes costing $28.
I’ll pour a bit of praise on the Mach-E’s interior. The seats are spongy soft, USB-A ports are everywhere, there’s good centre storage space and the digital driver display’s small but with all the right details.
Little toggles to open the doors from the inside are lovely, but can’t make up for the “we must look premium” idea of using touch buttons and a weird little plastic grab handle to open the doors from the outside.
And, quite wonderfully, when you turn off the annoying, beeping driver assist kit it stays off for your next journey. In these modern motoring times, that is a blessed, peaceful treat.
Having an indicator stalk do the gear shifting’s an annoyance, door cup holders are stupidly small, and ventilation control through a touch button’s more complicated than it should be.
Despite the sloping roof, rear space is good. Seat cushions are mighty, and as a six-footer I still have ample headroom under the glass roof. It bathes the cabin in light, but really, please, it needs a shade cover.
The boot’s ample, but nothing more, at 402L. There’s space under the boot floor, but if you regularly haul lots of kit, this isn’t the EV for you.
2026 Ford Mustang Premium Mach-E: Verdict
I’ll file this Mustang EV under my “lovely to live with, but too expensive to make sense” file. Trust me, there are a lot of EVs in here.
The cabin has premium vibes, and the drive experience is overall lovely for daily use, plus with a healthy dose of rear-drive playfulness in Untamed mode.
But it doesn’t “wow” like a Tesla Model Y can, nor does the value case stack up against a sea of Chinese SUV rivals offering just as much (generous) kit, plus a bit more and for a lot less dollars.
Ford’s price cuts are welcome, and this Premium grade feels just about acceptable at its reduced $75k driveaway.
But the cheaper Select at $60k on the road with much of the same equipment still looks the smartest pick if you see a Mustang Mach-E in your future.
Score: 3/5
Ford Mustang Mach-E Premium price and specifications
Price: $75,000 driveaway (current offer)
Basics: EV, 5 seats, 5 doors, SUV, RWD
Range: 600km (WLTP)
Battery capacity: 88kWh
Battery warranty: 8 years/160,000km
Energy consumption: 17.8kWh/100km (17kWh/100km as tested)
Motors: 1 rear 212kW/525Nm
AC charging: 11kW, Type 2 plug
DC charging: 150kW, CCS combo plug
