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Charge Cars rescued by private investors, so bring on that electric ‘67 Mustang replica

UK EV company Charge Cars just announced new ownership. It also plans on finally delivering its flagship product, an all-electric replica of the classic 1967 Ford Mustang.

CEO Paul Abercrombie said in a statement that the acquisition will allow “final development at our new global HQ” in the UK and that the company will be “rapidly delivering this exciting luxury vehicle to consumers.” He also noted that more details would be forthcoming. It will include central floor-mounted batteries, for an optimized center of gravity, with quad-motor technology that offers 400kW of peak power and 1,520 Nm of torque. Arrival had a promising start, inking a deal with UPS to supply delivery trucks throughout the US and Europe.

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