Dearborn-based Ford Motor Co F offered 30,176 electrical autos within the fourth quarter within the U.S., taking its EV gross sales for the entire 12 months to 97,865 items.
What Occurred: Whereas Ford’s annual EV gross sales within the U.S. couldn’t breach the 100,000 mark, it nonetheless marks a 35% enhance from its EV gross sales in 2023.
Ford has solely three EVs on sale within the U.S. as of today- the Mustang Mach-E SUV, the F-150 Lightning pickup, and the E-transit van.
The Mustang Mach-E was the best-selling EV within the fourth quarter of 2024, adopted by the corporate’s electrical pickup. In truth, the electrical SUV was the corporate’s best-selling EV in all 4 quarters of 2024.
Ford offered 51,745 Mach-E SUVs throughout the final 4 quarters, marking a progress of 27% year-on-year. F-150 Lightning gross sales rose 39% to 33,510 items and the E-Transit a whopping 64% to 12,610 items within the interval.
Why It Issues: EVs, nonetheless, accounted for merely 5.7% of Ford’s total car gross sales in This autumn and 4.7% of its gross sales in 2024. Hybrid autos, as compared, accounted for 9% of the corporate’s total gross sales within the 12 months.
In August, Ford mentioned that it’s killing its plans to construct a three-row electrical SUV, initially slated for manufacturing in 2025. The corporate additionally postponed its plans for a brand new electrical model of its F-150 pickup to 2027 and mentioned it is going to begin making a brand new electrical industrial van in 2026.
Extra particulars on the corporate’s EV technique are actually anticipated within the first half of 2025.
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