Back when the Fox-body platform first debuted, Ford stunned consumers by offering the 5.0 V8 engine and a turbocharged four-cylinder motor. While the V8 still made more power (though barely), the turbo four-banger drew plenty of faithful followers up until it was dropped from the Mustang lineup. It’s been almost three decades since those turbo Mustangs exsisted, and with Ford’s recent focus on turbochargers as a way to limit engine displacement and improve gas mileage, we’ve all wondered aloud of they were working on an EcoBoost Mustang.

Well wonder no more. Jalopnik reports that at a recent college Q & A, none other than Bill Ford Jr. himself confirmed to a student that yes, the EcoBoost line of engines will extend (eventually) to the Mustang.

We can understand why Jalopnik was quick to shout to the heavens that the “Mustang SVO” would return…but it won’t. SVO stood for Special Vehicle Operations, the precursor to today’s SVT division. The SVO Mustang was the top-of-the-line Mustang at the time, yet it had a 2.3 turbocharged engine rather than the standard 5.0 liter V8. Yes, it was called the Mustang SVO, but since that division no longer exists, the “SVO” moniker is unlikely to return.

Then there is the actual engine. Bill Ford Jr. confirmed to a Princeton student and Jalonik reader only that the EcoBoost line of engines will eventually be found in the Mustang. But which EcoBoost engine will it be? Ford has invested heavily into the new 3.7 liter V6 and the 5.0 liter V8 engines, so we naturally think that the 3.5 liter EcoBoost V6 motor makes the most sense. How about a base, 2.0 liter EcoBoost four-cylinder too? Something slotted in the $19,000 to $20,000 price range. We could totally dig that.