TECH - Ford Again Defies Elon Musk's 'Tough Quarter' Gloom As EV Sales Keep Surging After Q1 Boom | Benzinga
Dearborn-based Ford Motor Co (NYSE:F) on Wednesday reported a whopping 88% jump in electric vehicle sales in the U.S. for the first five months of 2024.
What Happened: Ford sold a total of 8,966 EVs in the U.S. in May, marking a near 65% jump from 2023 when it sold just 5,444 units. The increase in sales is reflected across the company’s EV lineup including its E-transit electric vans.
While the E-transit van saw a 77.0% jump in sales to 1,451 units, the Lightning pickup truck saw sales shoot up 91% and the Mach-E by 45.9% despite stiff competition in their respective vehicle segments. ...