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Ford's electric vehicle sales surge 307% in August, second in U.S.

Posting time:2023-02-02 09:04:09

Ford's electric vehicle sales surge 307% in August, second in U.S.

IT House reported on September 3 that Ford has been fast on the road to electric vaporization this year, and has made a lot of returns. Looking at the data, the top-selling U.S. automaker has seen strong demand for its electric vehicles, with sales up another 307% in August. IT House understands that Ford has almost always led the development of the U.S. auto industry for the past century. Henry Ford's introduction of the first assembly line in 1913 dramatically increased automobile production while reducing costs, arguably revolutionizing the automotive industry. Of course, there are talented people in the country, whether it is Edison, Tesla, Carl Benz, Toyoda Kiichiro, Lu Guanqiu, all have contributions that are not inferior to Henry Ford, and even the current era of new energy vehicles has emerged. One important person after another. Now, Ford is also accelerating its entry into the field of new energy and going further and further on the road of pure electric vehicles. Whether it is an electric Mustang or an electric version of the E-Transit van, it is the darling of the American industry. In order to dig deeper into the electric vehicle market, Ford has launched an all-electric version of the F-150 Lightning for America's favorite pickup. Ford has delivered the electric pickup to all 50 U.S. states by August, beginning with deliveries in May. Ford has taken the No. 2 spot in the U.S. electric vehicle sales market so far in August. Electric trucks sold 2,373 units in August, up 200 from July; Mustang Mach-e sales reached 3,120 units, up 115% year-on-year, and orders for the new Mach-e reached a record high of more than 7,800 units. Additionally, Ford's commercial electric vans dominate the market with over 90 percent share. The automaker sold 404 E-transits in August alone. Here's a breakdown of Ford's 2022 EV sales so far:
  • Ford F-150 Lightning – 6842
  • Mustang Mach-e – 25765
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  • E-Transit – 3938
On the second-quarter earnings call, Ford CEO James Farley explained the positive consumer response: Now we have Overwhelmed by demand for the first-generation electric cars Mustang Mach-E, Lightning and E-Transit. Even if we have a strong order base, these products are really sold in the market as much as they can produce. Ford expects to reach a delivery pace of 60,000 electric vehicles by the end of next year and 2 million by 2026. That said, Ford is locking in battery deals with suppliers such as CATL to ensure the goal is met.

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