The rally car lives on in the electric era. Ford unveiled its first rally-inspired electric vehicle Thursday, the Mustang Mach-E Rally. The electric pony is designed to push the boundaries of the Mach-e family with a rally-tuned suspension, dual-motor powertrain, and sporty design to tackle any terrain.
Ford is no stranger to going beyond the gravel. The American automaker has a rich and successful history of rally racing, winning four manufacturing championship titles.
Most recently, Ford won in 2017 in the M-Sport Ford Fiesta WRC. However, times are changing, and Ford retired the Fiesta as it looks toward an electric future.
A new generation has arrived, and Ford’s rally spirit lives on with the 2024 Mustang Mach-e Rally. The unique off-road EV combines the best of the Mach-E GT Performance version, upgrading it with a raised suspension, rally-style alloy wheels, protective shielding, and more.
Meet the 2024 Ford Mustang Mach-E Rally
Boasting a tuned version of the Mustang Mach-E GT powertrain, the rally car features a dual-motor electric powertrain with “at least” 480 hp and 650 lb-ft of torque.
Despite sharing parts, the Rally edition differs from the GT. Rather than focusing on performance, the Rally is designed to take on uncharted territory.
Ford Mustang Mach-E Rally (Source: Ford)
To put it to the test, Ford set up a new rally course at its Michigan Proving Ground. Rally veterans created the course to simulate real-world conditions. Ford’s engineers then “abused” Mustang Mach-E Rally prototypes in 500-mile tests to ensure the model lived up to what it was intended to be.
As such, the new Rally EV features a 0.8-inch (20 mm) raised, tuned suspension equipped with MagneRide shocks and specially tuned springs.
The exterior features gloss white 19-inch rally-style alloy wheels inspired by Ford’s long rally racing history. It also comes standard with two racing stripes, which can be ordered in Grabber Blue, Shadow Black, Eruption Green, and Grabber Yellow. For an additional cost, you can upgrade to Star White or Glacier Gray.
Ford’s new electric rally car comes with other contrasting accents to make the design stand out. These include a unique front splitter, black painted steel roof, upper and lower body moldings, and a distinctive front fascia with rally-inspired fog lights.
Protective shielding is added to the underside to protect the motors from gravel and dirt. Meanwhile, a protective film is added to the door cladding and arch fenders to reduce paint chips.
Paying homage to the Focus RS, which is discontinued, the vehicle wears a rear spoiler you can’t miss from a mile away.
On the inside
The new Mustang Mach-E Rally is loaded with Ford’s first RallySport Drive mode. The unique off-road mode enables bigger slides, a linear throttle response for better control, and more aggressive damping for improved handling around corners.
Ford says the drive mode combined with the new tires enables the Mach-E Rally to handle snow and other slippery on-road conditions.
The interior is upgraded with gloss white accents on the dash, part of the steering wheel, and stitching on the door.
Ford designed performance seating for the new EV featuring gloss white seatbacks and “Mach-E Rally” featured on the surface.
CEO Jim Farley says the new electric Rally car “takes Mustang where it hasn’t been before – to gravel and dirt roads.”
Ford’s Mach-E Rally has a targeted 250-mile EPA range with a 91 kWh lithium-ion battery. Charging from 10% to 80% is expected in 36.5 minutes via DC fast charger.
The new Rally EV will be available in the US with an estimated MSRP of around $65,000 starting in early 2024. Deliveries will begin shortly after.
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Paris’ bike-share system, Vélib has long been considered one of the shining success stories of urban micromobility. With a massive fleet of over 20,000 pedal and electric-assist bicycles around Paris, the service has helped millions of residents and tourists get around the City of Light without needing a car or scooter. But lately, a growing problem is threatening to knock the wheels off this urban mobility marvel: theft and joyriding.
According to city officials and the service operator, more than 600 Vélib bikes are now going missing every single week. That’s over 30 bikes a day simply vanishing from the system – some stolen outright, others taken on “joy rides” and never returned.
“At the moment we’re missing 3,000 bikes,” explained Sylvain Raifaud, head of the Agemob company that currently operates the Velib system. That’s nearly 15% of over 20,000 Vélib bikes across Paris.
The sticky-fingered culprits aren’t necessarily professional thieves or organized crime rings. Instead, they’re often regular users who treat the shared bikes like disposable toys.
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The city estimates that many people have figured out how to pry the bikes out of the system’s parking docks, unlocking one for a casual cruise and then ditching it somewhere far from a docking station.
Once pried free, the bikes are technically usable for the next 24 hours until their automatic locking feature kicks in. At that point, the bikes are often simply abandoned. Some end up in alleyways. Others get tossed in rivers. A few just disappear completely.
And since the bikes are intended to be parked at their many docking stations around the city, they don’t have GPS chips, further complicating recovery of “liberated” bikes.
The issue started small but has grown into more than an inconvenience – it’s beginning to undermine the entire purpose of the service. With bikes going missing at such a high rate, many Vélib docking stations are left empty, especially during rush hours.
Riders looking for a quick commute or a convenient hop across town are increasingly finding themselves without available bikes, or having to walk long distances to find a functioning one.
That kind of unreliability chips away at user confidence and threatens to drive potential riders back into cars, cabs, or other less sustainable forms of transport at a time when Paris has already made great strides to dramatically reduce car usage in the city.
The losses are financially painful, too. Replacing stolen or vandalized bikes isn’t cheap, and the resources spent on tracking down missing equipment or reinforcing anti-theft measures are stretching thin. Vélib has faced theft and vandalism issues before, especially during its early years, but this latest surge has officials sounding the alarm with renewed urgency.
Officials acknowledge that there’s no easy fix. Paris, like many cities with bike-share systems, walks a fine line between accessibility and accountability. Part of what makes Vélib so successful is its ease of use and widespread availability. But those same features make it vulnerable to misuse – especially when enforcement is limited and the consequences for abuse are minimal.
The timing of the problem is especially unfortunate. In recent years, Paris has seen impressive results in reducing car traffic, expanding bike lanes, and promoting cycling as a key part of its sustainable transport strategy. Vélib is a cornerstone of that plan. But if the system becomes too unreliable, it risks losing the very people it was designed to serve.
Meanwhile, as Parisians increasingly find themselves staring at empty docks, the challenge for the city and Vélib will be to restore confidence in the system without making it harder to use. That means striking the right balance between freedom and responsibility, between open access and protection against abuse.
In a city where cycling is supposed to be the future of mobility, losing thousands of bikes to joyriders and sticky fingers isn’t just frustrating; it’s unsustainable.
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U.S. President Donald Trump and Elon Musk attend a press event in the Oval Office of the White House in Washington, D.C., U.S., May 30, 2025.
Nathan Howard | Reuters
When they lose a significant other, most men do indeed become a “TRAIN WRECK.” Then they pick up the pieces of their lives and start living again — paying attention to their personal grooming, hitting the gym and discovering new hobbies.
What does the world’s richest man do? He starts a political party.
Last weekend, as the United States celebrated its independence from the British in 1776, Elon Musk enshrined his sovereignty from U.S. President Donald Trump by establishing the creatively named “American Party.”
Few details have been revealed, but Musk said the party will focus on “just 2 or 3 Senate seats and 8 to 10 House districts,” and will have legislative discussions “with both parties” — referring to the U.S. Democratic and Republican Parties.
It might be easier to realize Musk’s dream of colonizing Mars than to bridge the political aisle in the U.S. government today.
To be fair, some thought appeared to be behind the move. Musk decided to form the party after holding a poll on X in which 65.4% of respondents voted in favor.
Folks, here’s direct democracy — and the powerful post-separation motivation — in action.
— CNBC’s Erin Doherty contributed to this report.
What you need to know today
And finally…
An investor sits in front of a board showing stock information at a brokerage office in Beijing, China.
US President Donald Trump, right, and Elon Musk, chief executive officer of Tesla Inc., during a news conference in the Oval Office of the White House in Washington, DC, US, on Friday, May 30, 2025.
Francis Chung | Bloomberg | Getty Images
When they find themselves without a significant other, most men finally start living: They pay attention to their personal grooming, hit the gym and discover new hobbies.
What does the world’s richest man do? He starts a political party.
Last weekend, as the United States celebrated its independence from the British in 1776, Elon Musk enshrined his sovereignty from U.S. President Donald Trump by establishing the creatively named “American Party.”
Few details have been revealed, but Musk said the party will focus on “just 2 or 3 Senate seats and 8 to 10 House districts,” and will have legislative discussions “with both parties” — referring to the U.S. Democratic and Republican Parties.
It might be easier to realize Musk’s dream of colonizing Mars than to bridge the political aisle in the U.S. government today.
To be fair, some thought appeared to be behind the move. Musk decided to form the party after holding a poll on X in which 65.4% of respondents voted in favor.
Folks, here’s direct democracy — and the powerful post-separation motivation — in action.
[PRO] Wall Street is growing cautious on European equities. As investors seek shelter from tumult in U.S., the Stoxx 600 index has risen 6.6% year to date. Analysts, however, think the foundations of that growth could be shaky.
And finally…
Ayrton Senna driving the Marlboro McLaren during the Belgian Grand Prix in 1992.
Pascal Rondeau | Hulton Archive | Getty Images
The CEO mindset is shifting. It’s no longer all about winning
CEOs today aren’t just steering companies — they’re navigating a minefield. From geopolitical shocks and economic volatility to rapid shifts in tech and consumer behavior, the playbook for leadership is being rewritten in real time.
In an exclusive interview with CNBC earlier this week, McLaren Racing CEO Zak Brown outlined a leadership approach centered on urgency, momentum and learning from failure.