Ford unveils Mustang Mach-E, an all-electric SUV

Ford Motor is touting its all-electric Mustang Mach-E as a performance SUV that will redefine the automaker's lineup and expand the iconic pony car name to a new generation of car buyers. The Mach-E, which was unveiled Sunday night in Los Angeles, is the first vehicle based on the company's new EV architecture as part of an $11 billion plan to to develop 40 new all-electric and hybrid models by 2022. It also marks the first time the Mustang name is being used on a vehicle other than the two-door pony car since it debuted in 1964.