Ford's Electric Vehicle Sales Soar

Benzinga

Ford's electric vehicle sales surged by 21.2% in January, driven mainly by the Mustang Mach-E SUV, which saw a 172% increase with 3,529 units sold, even outselling the gas-powered Mustang. However, not all EV models experienced growth; the F-150 Lightning dropped by 15.5% and the E-Transit van sales plunged by 80%. Overall, Ford's sales dipped by 6.3%, largely due to a 9.4% decline in gas-powered vehicle sales. On a positive note, hybrid vehicle sales increased by 19.2% to 13,295 units, highlighting Ford's shift towards electrification.

Transcript

00:00Ford's electric revolution is charging ahead. In January, Ford's electric vehicle sales surged

00:05by 21.2 percent. But what's driving this growth? Sales of this Mustang Mach-E SUV skyrocketed to

00:113,529 units, a 172 percent increase over last year. It even outsold the gas-powered Mustang

00:17in 2024. But not all EVs saw gains. The F-150 Lightning dropped 15.5 percent, and the E-Transit

00:24van plunged 80 percent in sales. Meanwhile, Ford's overall sales dipped 6.3 percent,

00:30dragged down by a sharp 9.4 percent decline in gas-powered vehicles. One bright spot?

00:36Hybrid vehicle sales jumped 19.2 percent year-over-year to 13,295 units. Ford's shift

00:42to electrification is undeniable. Is the Mustang Mach-E leading the charge into the future?

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