In January 2024, Ford reported impressive sales figures for its electric vehicles, achieving a 35% year-over-year increase and establishing new records for both total EVs and the Mustang Mach-E. Overall, the company sold 5,666 EVs, with the Mach-E contributing significantly—a 173% sales increase making it the second-best-selling electric SUV in the U.S. Furthermore, Ford's hybrid sales also showed positive trends, particularly with the F-150 Hybrid and Lincoln Nautilus. These results underscore the carmaker's solid momentum in the electrification journey.
Ford's January 2024 EV sales illustrate a remarkable growth story, achieving record sales figures amidst a broader industry shift towards electrification.
The Mustang Mach-E made a significant contribution to Ford’s numbers, realizing a staggering 173% increase in sales compared to January of the previous year.
Despite impressive gains, a comparison with the previous year shows that the sales of the Mustang Mach-E in January 2024 did witness a notable decline.
Overall, Ford's record-setting month demonstrates not just an increase in electric vehicle sales but also significant growth in hybrid vehicle demand.
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