A new Ford Mustang is coming in 2024, and rumors have pointed to a hybrid variant with all-wheel drive. However, while the automotive world is going electric, The Blue Oval isn’t ready to give up the internal combustion in its storied pony car. 

Autoweek discussed the issue with AutoForecast Solutions (AFS), an industry analytics firm. According to AFS, Ford nixed plans for a hybrid Mustang because the all-electric Mustang Mach-E has offset enough of the gas Mustang’s carbon emissions that electrifying the muscle car isn’t necessary.

The firm also said that Ford’s new roadmap has the gas-powered Mustang on sale through the late 2020s. The car would then get a new platform, shared with the Mustang Mach-E, and an electric powertrain. All-wheel drive won’t appear with the 2024 Mustang, as it relied on front axle-mounted electric motors to turn the front wheels.

Muscle cars as we know them today are coming to an end, so Ford’s decision to extend the gas Mustang for a few more years could prove to be a competitive advantage as buyers look for a classic V8-powered sports car. Dodge has confirmed that the Challenger and Charger will be discontinued after 2023 and is sending the cars off with a series of limited-edition models. Chevrolet will discontinue the Camaro shortly after, so the Mustang may be the only gas-powered muscle car on sale.

That said, a gas Mustang won’t be the only go-fast American car on sale. Dodge recently showed an electric Challenger concept that looks and even sounds like a muscle car. It offers multiple gears and a unique sound and looked suspiciously production-ready. Chevy hasn’t confirmed an electric sports car, but GM has multiple EVs under development, and its Ultium platform is likely flexible enough to support a sports car.