Ford’s Electric Vehicle Sales Set a New Record
F-150 Lightning Mustang Mach-E and e-Transit vans set a new sales record. Thanks to Ford’s electric vehicle sales the company is now the #2 player in the BEV segment after Tesla.
As a result of the semiconductor chip shortage, limited inventories impede automakers from meeting their sales targets. Nevertheless, legacy car manufacturers are reporting steady growth in their electric vehicle sales even amidst the fallout of the pandemic. Ford’s electric vehicle sales skyrocketed last month, setting a new record.
The sales of Ford and Lincoln models witnessed a decrease of 4.5% year-over-year and a 13.3% decrease YTD. Impressively enough, with a total sale of 6254 units, Ford BEVs set a new record with an increase of 222% year-over-year sales in May. Ford’s electric vehicle sales contributed to around 4.3% of the company’s sales volume.
Thanks to the new record, Ford is now the second biggest player in the BEV segment. Vice president, Sales, Distribution & Trucks, Ford Blue, Andrew Frick, shared his thoughts on the company’s performance.
“While the global semiconductor chip shortage remains an issue for the industry, our inventory continues to turn at record rates with nearly 50 percent of our retail sales coming from previously placed orders. Our newest models, including Bronco, Bronco Sport and Maverick, continue to enhance our sales volume. Our electric vehicle sales, with the addition of F-150 Lightning this month, increased 222 percent – growing at almost four times the rate of the industry.”
F-150 Lightning, Mustang Mach-E, and E-Transit vans were responsible for the record sales of Ford’s electric vehicles.
Mustang Mach-E
Ford’s electric crossover is also the most popular model in the Blue Oval Brand’s EV portfolio. In May 2022, Ford delivered 5179 units of the Mustang Mach-E, and the sales of the electric crossover were up by 166% year-over-year.
E-Transit vans
Ford is the biggest seller of commercial vans in the world. In the US alone, the sales of Ford E-Transit increased by 10.5%, and the company delivered 874 units of commercial electric vehicles last month.
F-150 Lightning
Ford dealers sold 201 F-150 Lightning pickup trucks by the end of May. Sales of the F-150 Lightning are currently underway, and according to the company, more than 75% of the reservation holders are new customers.
Image Source: Ford