Ford’s EV gross sales climbed 61% within the second quarter, carrying the automaker’s development. With almost 24,000 electrical autos offered in Q2, Ford topped GM once more to stay second within the US EV market because it seems to shut the hole with Tesla.
Ford’s EV gross sales carry development in Q2 2024
Ford offered 23,957 electrical autos within the second quarter of 2024, up 61% year-over-year (14,843 in Q2 2023).
Electrical vehicles led the expansion as Ford’s hybrid gross sales have been up 55% whereas inner combustion gross sales fell 5%.
Ford’s EVs all noticed double-digit gross sales development YOY. F-150 Lightning gross sales have been up 77% to 7,902. With 15,645 fashions offered by means of June, the Lightning remained America’s top-selling electrical truck as new competitors just like the Tesla Cybertruck and Chevy Silverado EV RST hit the market.
Mustang Mach-e gross sales have been up 46%, with 12,645 fashions offered. The Mach-e had its finest first-half efficiency since launching, with 22,234 items handed over.
Gross sales of Ford’s electrical van, the E-Transit, proceed climbing, with 3,410 items offered in Q2, up 96% YOY.
Ford offered 44,180 electrical vehicles within the first half of 2024, up 72% from the 25,709 handed over right now final 12 months.
| Ford EV mannequin | Q2 2024 gross sales | % development YOY | First half of 2024 gross sales | % development YOY |
| Mustang Mach-E | 12,645 | 46.5% | 22,234 | 58.4% |
| F-150 Lightning | 7,902 | 76.9% | 15,654 | 78.7% |
| E-Transit | 3,410 | 95.5% | 6,301 | 116.4% |
The expansion was sufficient for Ford to remain atop rival GM within the US EV market. GM delivered 21,930 EVs in Q2 for a complete of 38,355 by means of the primary half of 2024.
GM can also be ramping output with new fashions, together with the Chevy Blazer, Equinox, and Silverado EVs hitting the market.
Tesla doesn’t give a regional breakdown however beat expectations, delivering 443,956 EVs within the second quarter.
Different rivals, together with Hyundai and Kia, hit new EV gross sales information in Q2 because the competitors heats up within the US.
Hyundai offered a report variety of IONIQ 5s in Q2 as first-half gross sales reached 18,728. In the meantime, gross sales of Kia’s first three-row electrical SUV, the EV9, are heating up.
The information comes as CEO Jim Farley confirmed this week that Ford is shifting to smaller, extra reasonably priced EVs to shut the hole with Tesla and fend off others like BYD globally. Farley mentioned smaller EVs are “tremendous essential for our society” whereas addressing America’s love for “monster autos” (you possibly can learn extra right here).
