Eh, maybe. Area under the curve doesn't tell the whole story because ICEs have transmissions to keep them in the meat of the powerband past first gear, EVs don't (usually). With the exception of Telsas, EV drivetrains lose a lot of power in the upper rev band, so their highway acceleration is comparatively weak.
But an ICE can be kept in the powerband for as many gears as can be added. Ford's 10R80 keeps the GT between 6200-7500 RPMs between like 20MPH (depending on rear end ratio) and top speed. The average HP under that curve is like 450HP (out of 460hp peak).
Ford is bragging about how the Mach-E GT hits 60 in like 3.5 seconds (faster than any other Mustang, GT500 included), yet glosses over the fact that it traps 100mph in the quarter mile. Which is less than both the 2.3L ecoboost and the previous generation 3.7L V6 managed (around 103mph each) and is a far cry from what the 5.0L can do (115-120), or the GT500 (131).
They end up the reverse situation of the S2k: fast from a stop, slow from a roll. I haven't seen a roll race between a Mach E and a lesser Mustang, but I would bet starting at a 40mph roll, the Mach E would lose, despite being technically superior in power/torque.
