Ford Unveils Electric Mustang SUV to Challenge Tesla

The video discusses Ford's introduction of the electric Mustang Mach E, highlighting its features, pricing, and production plans in Mexico. Ford aims to make the Mach E profitable in both the US and Europe, a challenge for many automakers with electric vehicles. The company is shifting its strategy to electrify top-selling models like the Mustang and F-150, moving away from sedans. Despite a crowded market, Ford plans to have 40 electric vehicles by 2022. The Mach E is expected to sell well, with a production capacity of 100,000 units annually in Mexico.

What challenges does Ford face in the electric vehicle market according to the text?

What is the expected annual production capacity for the Mustang Mach-E in Mexico?