Ford Motor Co (NYSE:F) is asking dealers to temporarily pause selling the Mustang Mach-E electric crossovers due to a potential safety defect that could cause the vehicles to become immobile, CNBC reported on Tuesday, citing a company notice.
What Happened: Dearborn, Michigan-based Ford is recalling about 49,000 of the roughly 100,000 Mach-Es that it produced between May 27, 2020, through May 24, 2022.
The affected Mach-Es were built at Ford’s Cuautitlan plant in Mexico.
The Issue: The recall is linked to the potential overheating of Mach-E’s high voltage battery main contactors — an electrically controlled switch for a power circuit.
The overheating could result in the vehicle not starting or immediately losing propulsion power while in motion, the report said.
See Also: Ford Mach-E Monthly Sales Hit Record High, Race Past Gas Mustangs Yet Again
What’s Next? The legacy automaker expects to offer a remedy for the issue in the third quarter, the report said. Ford will notify Mach-E owners via email after repair instructions and parts ordering information have been provided to dealers.
The remedy will include a software update which will be done remotely or over the air. Customers also have the option of taking their vehicle to a Ford dealer.
Ford delivered 5,179 Mach-Es in May, its highest since the electric crossover was launched in December 2020.
Price Action: Ford closed 3.3% higher at $12.2 on Tuesday, according to data from Benzinga Pro.
