"Rivian delivered 10,365 electric vehicles in the first quarter, marking a 20% year-over-year increase at a time when the entire American car industry is having a rough time."
"Ford's EV sales declined 69.6%, going from 22,550 units last year to just 6,860 this year, while Rivian outsold Ford's EVs by 40.7%."
"Sales of the discontinued F-150 Lightning declined 71.3%, and the Mustang Mach-E sold 4,600 units, down 60.4% year-over-year."
"Rivian, positioned as a luxury car brand, sold more EVs in the United States than Hyundai, which moved a little over 5,500 battery-powered cars in the first quarter."
In the first quarter, Rivian's electric vehicle sales rose by 20%, delivering 10,365 units, while Ford's sales plummeted by 69.6% to 6,860 units. Rivian's growth allowed it to outsell Ford by 40.7%, marking a significant shift in the EV market. Ford's overall sales fell by 9.2%, with its discontinued F-150 Lightning and Mustang Mach-E experiencing steep declines. Rivian's upcoming R2 model aims to attract more customers, while traditional automakers like Ford are reevaluating their EV strategies amidst a challenging market.
Read at insideevs.com
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