February 3, 2023

Ford launched its US auto gross sales for November as of late, and even if electrical automobile gross sales had been up over 100% YOY for the 5th immediately month, gas-powered automobile gross sales persevered to slip. The gross sales document highlights the course by which the USA auto business is headed – ahead.

Ford’s electrical automobile gross sales outshine fuel vehicles in November

In November 2022, Ford delivered 146,364 cars, down 7.8% from ultimate 12 months. In the meantime, gross sales of Ford’s electrical cars proceed gaining momentum, up 102.6% YOY.

After an already robust 12 months, Ford’s electrical automobile gross sales grew at about two times the velocity of the full marketplace in November, serving to Ford stay the quantity two EV maker in the USA, in the back of simplest Tesla. Right here’s a take a look at the corporate’s EV gross sales in November and (YTD):

  • F-150 Lightning: 2,062 (13,258)
  • Mustang Mach-e: 3,539 (34,683)
  • E-Transit van: 654 (5,811)

Ford expanded its EV marketplace proportion by means of round 2% in November, claiming 8.6%. Most likely extra importantly, Ford’s EVs proceed successful over shoppers, in particular the ones from gas-powered cars and different manufacturers.

The corporate introduced it had produced its 150,000th Mustang Mach-e this week as Ford hurries up manufacturing to stay alongside of the overpowering call for for the electrical SUV.

Even if the milestone itself is a significant accomplishment, in line with Ford’s knowledge, over 80% of US shoppers (90% in Europe) have transitioned from gas-powered cars. Moreover, just about three-quarters come from other manufacturers, additionally making the soar from ICE cars.

Ford’s November gross sales painting the wider pattern the USA (and world) auto business is present process. New incentives and insurance policies just like the IRA invoice in the USA and the EU’s ban on new combustion cars are operating as designed by means of sparking the exchange wanted within the auto business to transition towards zero-emission electrical cars.

Electrek’s Take

The knowledge displays other folks need and are keen to make the transfer from gas-powered cars to totally electrical. A brand new document from S&P International Mobility highlights this pattern, appearing drivers are purchasing manufacturers which were early leaders within the EV technology.

Specifically, the guidelines displays automakers like Toyota and Honda, who’ve been sluggish to introduce natural EV fashions, are changing to manufacturers that experience invested closely in creating electrical cars.

Drivers are buying and selling of their Toyota RAV-4 and Honda CR-V for Tesla (Style Y and three), Ford Mustang Mach-E, Chevrolet Bolt (EV and EUV), and the Hyundai IONIQ5. Be expecting to look extra like this because the business transitions.

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Ford’s November sales paints revealing picture of US auto industry as EV adoption climbs