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Saturday, September 21, 2024

Ford flexes sturdy quarter from EVs with 61% development, trailing solely Tesla


Ford flexed a powerful Q2 for its electrical automobile division, generally known as Mannequin e, exhibiting a 61 % development in gross sales for the quarter and a 72 % improve for the yr.

Tesla is the solely EV maker within the U.S. that’s outpacing Ford by way of EV gross sales. Whereas it’s by a sizeable margin, Ford nonetheless leads the best way on the subject of legacy automobile corporations.

Ford’s EV prowess is changing into extra notable as 54 % of Mustang Mach-E gross sales and 64 % of F-150 Lightning gross sales come from clients who’re new to Ford.

Efficiency by Mannequin

Mustang Mach-E

Ford’s Mustang Mach-E and F-150 Lightning are nonetheless fascinating to shoppers, and the automaker stories elevated gross sales for these fashions. The Mach-E noticed a 46 % rise in gross sales during the last yr and a 58 % improve by the primary half of 2024.

(Credit score: Ford)

The Mach-E, which technically qualifies as a crossover, had severe bother getting off the bottom. Over the past a number of years, the automobile has turn out to be one of the vital widespread choices within the EV crossover sector, trailing the Mannequin Y for the highest spot.

It’s the fifth best-selling EV within the U.S. in 2024, in response to U.S. Information.

F-150 Lightning

Ford nonetheless continues to flex the F-150 Lightning because the best-selling electrical truck within the U.S., beating out the Rivian R1T and Tesla Cybertruck.

Tesla followers could not must take care of this for much longer, as the corporate just lately mentioned that it had reached a run charge of 1,000 models per week at Giga Texas. That quantity is barely going to get greater, no less than in my estimation.

Credit score: Ford Motor Co.

Even nonetheless, the F-150 Lightning is a formidable competitor. It has a stable inside and suits the look of a basic pickup, and easily put, some folks don’t need the futuristic and polarizing design that Tesla is providing with the Cybertruck.

The F-150 Lightning captured 15,645 gross sales by June 2024. 7,902 models have been bought in Q2, which Ford says is a 77 % improve from the identical interval final yr.

E-Transit

We will’t neglect in regards to the E-Transit! Ford’s electrical van was as soon as once more America’s best-selling within the class with 6,301 models bought.

Penske Truck Leasing has ordered 750 all-electric Ford E-Transit cargo vans. The corporate is taking supply of its first a number of autos within the subsequent a number of weeks. The transfer follows efficiently piloting the autos late final yr.

That’s a rise of 96 %, and three of each 4 E-Transit gross sales are from repeat clients; they’re noting decrease upkeep and gas prices for his or her reasoning.

I’d love to listen to from you! If in case you have any feedback, issues, or questions, please electronic mail me at [email protected]. You can too attain me on Twitter @KlenderJoey, or if in case you have information suggestions, you may electronic mail us at [email protected].

Ford flexes sturdy quarter from EVs with 61% development, trailing solely Tesla








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