Ford’s EVs Simply Had One other File Gross sales Quarter

• Ford’s electrical automobiles set new gross sales data within the third quarter.
• The Ford Mustang Mach-E had its finest quarter since debuting in 2020, whereas the F-150 Lightning had its finest third quarter ever.
• Ford offered slightly over 30,000 EVs within the earlier quarter, a 30.2% year-over-year enhance.

Ford’s electrical automobiles had their best-ever third-quarter gross sales, with the Mustang Mach-E main the American automaker’s leaderboard, adopted by the F-150 Lightning pickup truck.

From July to September, Ford offered 20,177 Mustang Mach-E electrical crossover in the USA, a rise of 30.2% over the identical interval final 12 months, and one of the best quarter for the Tesla Mannequin Y competitor since its introduction in 2020.

Picture by: Ford

The Ford F-150 Lightningin the meantime, delivered 10,005 pickups in Q3, a rise of 39.7% over final 12 months, making it one of the best third quarter within the mannequin’s historical past. It additionally means the Lightning continues to be America’s best-selling electrical pickup, in accordance with Ford.

The E-trans van was the one EV in Ford’s portfolio that had a lower in gross sales on this 12 months’s third quarter–and a extreme one at that. With simply 430 items delivered in Q3, the Ford E-Transit’s gross sales went down by 85% in comparison with the identical interval final 12 months, when the Mercedes-Benz eSprinter rival had 2,955 gross sales.

In the case of electrified automobiles, that means hybrids, plug-in hybrids and all-electric fashions, Ford had its finest quarter ever. The blue oval automaker offered 85,789 electrified automobiles within the third quarter, a 19.8% year-over-year enhance. With 242,298 electrified automobiles offered for the reason that starting of the 12 months, Ford claims it outsold Common Motors and Stellantis mixed.

Hybrids additionally hit a Q3 report with a complete of 55,177 gross sales. The Ford F-150 Lightning led the best way with 22,212 gross sales, a rise of 10.3% that solidified the pickup’s title as America’s best-selling full-size hybrid truck. In the meantime, the Maverick hybrid offered 63,516 fashions from the start of the 12 months.

The uptick in passenger EV gross sales through the third quarter may need one thing to do with the $7,500 federal tax credit score ending on September 30. Some sellers and clients rushed to position orders earlier than the cutoff date, which boosted gross sales numbers for many automakers, not simply Ford. Nonetheless, in Ford’s case, its financing arm bought the EVs in sellers’ stock and made the preliminary down funds on them. Then, clients might lease these EVs with the tax credit score factored into the ultimate worth, even when the contract was dated after September 30.