Despite a recent pullback on its electric vehicle strategy amid “slower-than-expected” demand, Ford’s EV sales continued surging in May. All Ford electric models, including the F-150 Lightning and Mustang Mach-E, saw double-digit sales growth last month.
Ford’s EV sales grow 65% in May 2024
Although Ford is the number two EV maker in the US (not including combined Hyundai/Kia sales), the automaker is “letting up on the gas” with plans to introduce more hybrids.
However, electric vehicle sales continue to soar. Ford’s EV sales climbed 64.7% in May, with 8,966 models sold. The Mustang Mach-E was the top-selling EV, with 4,255 models sold, up 46% from May 2023. Ford F-150 Lightning sales were also up 91% YOY, with 3,260 models sold.
Meanwhile, Ford’s electric commercial van, the E-Transit, continues to see higher demand. Another 1,450 electric…