Ford experienced a stellar January, with record-breaking sales for both electric and electrified vehicles. The Mustang Mach-E led the charge, becoming the second-best-selling electric SUV in the US.
January proved to be a phenomenal month for Ford 's electric vehicle (EV) endeavors, witnessing record-breaking sales figures for both all-electric and electrified models. This success underscores Ford 's strong momentum in the U.S. EV market. Following a remarkable 35% year-over-year surge in EV sales in 2023, the Detroit-based automaker continued its impressive performance into the first month of 2024.
Ford achieved new milestones in January, setting records for overall electric vehicle sales and specifically for the Mustang Mach-E. The company sold a total of 5,666 EVs in the U.S. last month, representing a 21.2% increase compared to the same period in the previous year. The Mustang Mach-E electric crossover emerged as Ford's top performer, with 3,529 units sold in January, marking a staggering 173% increase year-over-year and its best-ever January sales figures. This performance propelled the Mach-E to the second-highest-selling electric SUV position in the United States, trailing only the Tesla Model Y.Further bolstering Ford's electrified vehicle success was the strong performance of the F-150 Lightning pickup, which experienced a 7.6% retail sales boost in January. In the realm of hybrids, Ford also enjoyed a triumphant month. The F-150 Hybrid racked up 4,368 sales in January, a substantial 38.2% increase year-over-year and a record-breaking start to the year. Lincoln contributed with 1,205 Nautilus Hybrid SUVs sold, accounting for half of the total Nautilus sales for the month. Overall, electrified vehicle sales at Ford reached 18,961 units in January, representing a 19.8% increase from the previous year and a new January record. Electrified vehicles encompass hybrids, plug-in hybrids, and electric vehicles. The overall U.S. EV market also witnessed a record-breaking year in 2023, with sales surpassing 1.3 million units, marking a 7.4% increase over 2022. While Tesla remained the dominant player with approximately 634,000 EVs sold, its year-over-year sales dipped by 5.6%. This decline opened opportunities for traditional automakers like Ford to make significant strides in the growing EV market.
ELECTRIC VEHICLES FORD MUSTANG MACH-E F-150 LIGHTNING HYBRIDS SALES RECORDS JANUARY
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ford CEO Jim Farley Says 'No More Boring Cars' as Company Focuses on SUVs, Trucks, and Performance VehiclesFord CEO Jim Farley has made it clear that the company is moving away from producing 'boring' vehicles, focusing instead on SUVs, trucks, and performance vehicles. Farley stated that Ford will no longer produce commodity products like the Ford Edge and Ford Escape, emphasizing a shift towards 'passion brands' like the Mustang and Bronco. He also reiterated Ford's commitment to producing V8-powered vehicles for as long as possible.
Read more »
Hyundai and Kia Enjoy Record January Sales Fueled by Electrified ModelsHyundai and Kia achieved record sales in January 2024, driven by strong demand for their electric, hybrid, and plug-in hybrid vehicles. The Korean automakers saw significant growth in their electrified models, with the Ioniq 5 and Ioniq 6 leading the charge. This success is attributed to attractive lease and financing deals, the growing availability of charging infrastructure, and the rising popularity of electric and hybrid vehicles.
Read more »
Ford recalls over 272K vehicles due to battery failure issuesMore than 272,000 Ford Bronco Sport and Ford Maverick vehicles are being recalled because their 12-volt batteries may fail unexpectedly while driving.
Read more »
Ford Recalls Over 272,000 Vehicles Due to Battery IssueFord is recalling over 272,000 vehicles, including the Bronco Sport and Maverick, due to potential problems with the 12-volt batteries. The issue could cause the vehicle to stall or fail to start, increasing the risk of a crash.
Read more »
Ford Recalls Nearly 273,000 Vehicles Due to Battery DefectFord is recalling nearly 273,000 vehicles, including 2021-2023 Bronco Sports and 2022-2023 Maverick pickups, due to a manufacturing defect in their 12-volt batteries. The defect can cause the vehicles to lose power, stall, or fail to restart. Ford will replace the defective batteries with higher-quality ones free of charge.
Read more »
Ford Recalls Over 270,000 Bronco Sport and Maverick Vehicles Due to Battery RiskFord announces a recall for over 270,000 Bronco Sport SUVs and Maverick trucks due to a potential defect in their 12-volt batteries. The recall addresses models from 2021-23 Bronco Sport and 2022-23 Maverick. Manufacturing defects in the Camel EFB batteries could lead to sudden degradation and premature failure, potentially impacting critical vehicle systems like engine, power steering, and brakes. Ford dealers will inspect the batteries and replace defective ones with approved AGM batteries.
Read more »