- Ford posted record sales for hybrids and EVs in November and the first 11 months of the year.
- The automaker sold nearly 11,000 fully electric models in November and almost 85,000 EVs so far this year.
- It was America's second best-selling EV brand behind Tesla through November. Although competition is heating up.
Ford sold a record number of electric vehicles in the third quarter. Now, it's carrying that momentum in the final quarter and is on track to finish the year strong for its EVs and hybrids.
The automaker's electrified vehicle sales, which includes hybrids, EVs and PHEVs, totaled 257,693 units in the first 11 months of this year. November EV sales stood at 10,821 units, a 21% increase compared to last November, thanks to relatively strong demand for the Mustang Mach-E, F-150 Lightning and the E-Transit.
Customers drove 5,983 electric Mustangs home, marking its best-ever monthly sales, which also happens to be 39% more than the same period last year. Nearly 45,000 units of the Mustang Mach-E have been sold so far this year in the U.S. It only trails the Tesla Model Y, making it the second best-selling electric SUV in the first 11 months of 2024.
Model | November 2024 sales | Year-to-date Jan-Nov 2024 |
Mustang Mach-E | 5,938 | 44,877 |
F-150 Lightning | 3,643 | 28,313 |
E-Transit | 1,240 | 11,584 |
Total | 10,821 | 84,774 |
The Mach-E was introduced as a 2021 model year car. Despite being around for so long, it continues to bring home results for Ford.
For 2025, the electric crossover is an even better deal. The 2025 Mustang Mach-E will be among the cheapest crossovers on the market with a starting price of $36,495 before destination. It now gets new features like a heat pump for better battery efficiency and range in the winter and automatic lane changes on the latest BlueCruise version.
The E-Transit van has also been racking up record sales numbers. Ford said its sales volumes are already up four times this year compared to last year and it's America's best-selling electric van. So far this year, Ford has sold 11,584 E-Transits, whereas November sales reached 1,240 units.
While the F-150 Lightning may have conceded its best-selling electric truck crown to the Tesla Cybertruck in the third quarter, it continues to do well by its own measure. Ford sold a record 3,643 F-150 Lightnings in November, a 1.7% increase over last year. Through November, Ford sold 28,313 units of the electric truck, up 39% compared to the same period last year.
However, the sales figures of the fully electric models pale compared to the hybrids. The Maverick and F-150 hybrids continue to be volume sellers and profit drivers for the brand. The automaker has sold a whopping 133,983 hybrid trucks so far this year; that includes 67,666 F-150 hybrids and 66,272 Maverick hybrids.
All said competition is truly heating up in the EV space. The Hyundai Ioniq 5 now comes with a factory-fitted NACS port for seamless access to Tesla Superchargers. The Honda Prologue is quickly becoming one of America's favorite EVs and General Motors now offers the largest EV portfolio of all brands, with the Chevy Equinox EV spearheading that offensive.
Even though uncertainty looms over the discontinuation of the federal EV tax credits under the incoming Trump administration, one thing is clear: 2025 will bring consumers more choices and better EVs than ever before.
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