A fresh report out of the United Kingdom claims the next-generation Ford Mustang will debut in 2022 with an electrified V8 and all-wheel drive.

According to Autocar, the seventh-generation version of the Mustang will be offered in both left- and right-hand drive (as with the current model), sold alongside the all-electric Mustang Mach-E.

Bearing the codename “S650” and set to be built on the CD6 platform (shared with the latest Explorer), the new Mustang will reportedly retain a V8 engine option, although the Blue Oval brand is expected to add a hybrid system to the mix.

Basing its claims on a patent filed back in 2017, Autocar says an eight-cylinder engine will again power the rear wheels, while a pair of electric motors will drive the front axle.

According to the report, the electric motors will come into play when the Mustang loses traction at the rear. In addition, the combustion engine could be shut down completely in some driving scenarios in order to save fuel.

The report adds it “remains to be seen” whether the Dearborn-based firm will continue to offer a non-hybrid V8 and a turbocharged four-pot alongside the electrified eight-cylinder unit, although suggests the convertible body style is likely to survive alongside the coupé.