Unbelievable Hurricane Joy: The Truth About the Company Collapses After Building the 1967 Mustang EV

The story of U.K.-based Charged Cars ended abruptly. The British company that failed to deliver a single electrified 1967 Mustang was forced to shut down operations.

When Charged Cars introduced an electrified version of the 1967 Ford Mustang in 2022, it seemed like it had the best chance of succeeding. That year, the car made its dramatic debut at the Goodwood Festival of Speed, showcasing an all-wheel-drive system that Charged Cars called 4iWD that produced 536 horsepower (544 metric horsepower) and 1,120 pound-feet (1,520-newton meters) of torque.

Constructed of steel and carbon fiber, this model can accelerate from 0 to 60 miles per hour (0 to 97 kilometers per hour) in just 3.9 seconds and go up to 200 miles (322 kilometers) before needing to recharge. The vehicle was fitted with a floor-mounted, 63 kW lithium-ion battery.

Charge Cars equipped the vehicle with a top-tier sound system and a fully digital instrument cluster. The automobile features new brakes, a contemporary LED lighting system, and a recently revised suspension.

Ford has also given the business a license to create its own shell and use the design for the electric vintage Mustang.

The 1967 Mustang retained its classic appearance and appeared to be a direct competitor to Dodge’s Charger Daytona, which drew inspiration from the 1969 Daytona. But appearances can be deceiving.

The Mustang Mach-E crossover, which is not related to the Mustang muscle car, is the only electric Ford available for purchase in the United States. The 1967 Mustang with an electric drivetrain, on the other hand, retained the spirit of the original while adding modern technology and a closed front end.

Charge Cars were only going to build 499 examples, each of which was personalized to the buyer’s specifications. Potential customers can place orders through the company’s Monaco showroom. The British EV maker chose Monaco for its showroom for a purpose. Not everyone was a good fit for the automobile. Its starting price was close to $450,000.

What the corporation called a revived legend is now dead before it even had a chance to breathe. Of the 499 units that were supposed to be produced, Charge Cars didn’t make a single one. According to reports, the company received many orders but never completed any, leaving no cars for the owner.

In addition, manufacturing management said the company was forced to lay off every employee, which was about 50 employees. Arrival, a sister company of Charge Cars, declared bankruptcy in February. But according to Charge Cars, they are still searching for a way to “get back on track.”