Ford's engine range for the S650 Mustang is exciting for gearheads since it defies the trend of electrification and downsizing of powertrains. The fourth-generation 5.0-liter Coyote V8 and the revised 2.3-liter EcoBoost are the two all-new engines that will power the seventh-generation Mustang. There were no electric or hybrid Mustangs revealed.

The new Coyote V8 engine for the 2024 Mustang is anticipated to produce 418 lb-ft of torque and 480 horsepower as standard output. The horsepower and torque are at their most typical levels yet for a normally aspirated V8 Mustang. However, the Mustang GT can produce up to 486 horsepower and 415 lb-ft of torque if you choose the new active-valve performance exhaust system.

Ford's most potent naturally-aspirated V8 to date will produce 500 horsepower in the inaugural Dark Horse performance series Mustang. A dual intake/throttle body combination powers this new Coyote V8 to produce improved airflow, throttle responsiveness, and of course, power.

In comparison to the previous generation, Ford has also improved the predicted fuel efficiency ratings. The base model Mustang's expected fuel economy for 2023 is 22 city/32 highway/25 combined, according to the EPA. The target fuel economy for the new 2024 base model Mustang is 22 city/34 highway/26 combination.

Power will also be increased in the new 2.3L EcoBoost engine used in the Mustang EcoBoost. It generates 350 lb-ft of torque and 315 horsepower, according to Ford. This is the most power a four- or six-cylinder Mustang has ever had.

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