Ford Electric Vehicle Sales: In a remarkable turn of events, Ford Motor Company has witnessed a significant surge in its electric vehicle (EV) sales in November, even as the overall vehicle sales experienced a decline.
The American automaker reported that its EV sales climbed by an impressive 103% compared to the same period last year, marking a notable achievement for the company’s electrification strategy
The sales figures released by Ford indicate a total of 6,255 EV units sold in November, accounting for 4.3% of the company’s total vehicle sales for the month.
Here’s a breakdown of Ford EV sales in November 2023:
- Total EV: 6,831 units
- F-150 Lightning: 3,706 units
- Mustang Mach-E: 2,732 units
- Other EV: 393 units
This growth is primarily attributed to the popularity of Ford’s F-150 Lightning, which has become America’s best-selling electric truck, with sales totaling 2,062 units in November alone. Since its launch at the end of May, the F-150 Lightning has sold a total of 13,258 trucks.
![Ford Electric Vehicle](https://trakintechnews.com/wp-content/uploads/2023/12/Ford-Electric-Vehicle_Steering-473x630.webp)
Furthermore, the Ford E-Transit continues to dominate the commercial EV industry, boasting an 80% market share. In November, Ford Pro sold 654 E-Transits, contributing to a year-to-date total of 5,811 units. The Mustang Mach-E also showed a positive trend with a 14.6% increase over the previous year, with sales of 3,539 units
Despite the success in the EV segment, Ford’s total U.S. sales in November 2022 saw a decrease of 7.8% year-on-year, with 146,364 units sold. Retail sales were down by 15.8% compared to November 2021. Truck sales dipped slightly by 1.2% to 82,210 units, while SUV sales dropped by 15% to 61,889 units.
![Ford Electric Vehicle](https://trakintechnews.com/wp-content/uploads/2023/12/Ford-Electric-Vehicle_wheel-473x630.webp)
Ford commitment to electrification and the growing consumer interest in EVs are evident in these figures. The company’s share of the electric vehicle segment expanded by about 2 percentage points in November over the previous year, standing at 8.6% share for the month. With more than 60% of Ford’s electric vehicles conquesting from competitor vehicles this year, it’s clear that Ford is making significant strides in the EV market.
![Ford Electric Vehicle](https://trakintechnews.com/wp-content/uploads/2023/12/Ford-Electric-Vehicle_Sit-473x630.webp)
As the automotive industry continues to shift towards sustainable transportation, Ford’s progress in the EV sector positions the company as a key player in the future of mobility. The increase in EV sales is a promising sign for Ford’s strategy, even as it navigates the challenges of a dynamic market landscape.
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