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Reading: Ford reports strong EV sales growth in the US in June and Q2 2024
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EV-a2z > News > Ford reports strong EV sales growth in the US in June and Q2 2024
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Ford reports strong EV sales growth in the US in June and Q2 2024

EV-a2zm
Last updated: 2024/07/05 at 7:17 PM
EV-a2zm Published July 5, 2024 3 Min Read
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Shanghai,China-June 4th 2022 close up Ford Mustang Mach-E car logo and name. A electric SUV car by Ford
Shanghai,China-June 4th 2022 close up Ford Mustang Mach-E car logo and name. A electric SUV car by Ford
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American legacy automaker Ford Motor Company enjoyed notable improvements in its electric vehicle sales in the United States in June and Q2 2024.

Contents
Ford reports 61% YoY BEV sales growth in Q2 2024Ford’s BEV sales grew 18% YoY in June 2024Ford recorded 72% YoY BEV sales growth in Jan-Jun 2024

📈 #Ford sold 23,957 EVs in Q2 2024, a 61% YoY increase:
– Mustang Mach-E: 12,645
– F-150 Lightning: 7,902
– E-Transit: 3,410
🚗 Total EV sales in H1 2024: 44,180, second only to Tesla.
🔄 62% of F-150 Lightning and 54% of Mustang Mach-E buyers are new to Ford. pic.twitter.com/2ZYTqWsHZh

— Updates (@sirfupdate_) July 5, 2024

However, its overall new vehicle sales (including Lincoln) dropped 6% year-over-year to 166,448 in June 2024. The Q2 2024 and year-to-date results slightly increased by 0.8% (536,050) and 3.6% (1,044,133), respectively.

Ford reports 61% YoY BEV sales growth in Q2 2024

Ford recorded a 61% YoY increase in its BEV sales to almost 24,000 units in the second quarter of the year, according to the press release. As expected, the popular Ford Mustang Mach-E remained the sales growth driver for the American automaker:

ModelSalesChangeShare
Ford Mustang Mach-E12,645+46%–
Ford F-150 Lightning7,902+77%–
Ford E-Transit3,410+96%–
Total23,957+61%4.7%

Dang @Ford release Q2 numbers and saw an impressive rise in EV sales up 61.4% YOY and sold nearly 24,00 units this includes:

12,645 Mach-E
7,902 Lightning trucks
3,410 E-Transit

Huge growth for Ford so far this year pic.twitter.com/zToJdiqkjf

— The EV Guy (@The_EVGuy) July 3, 2024

Ford’s BEV sales grew 18% YoY in June 2024

Ford’s all-electric vehicle sales surged 18% YoY to 6,972 units. This figure accounted for 4.4% of its total volume, indicating a notable increase from just 3.5% from the previous year.

Presented below is the breakdown of Ford’s BEV sales in the US last month:

ModelUnits SoldYOY ChangeShare
Mustang Mach-E3,497-15%–
F-150 Lightning2,552+79%–
E-Transit923+152%–
Total6,972+18% 4.4% 

Ford recorded 72% YoY BEV sales growth in Jan-Jun 2024

This year to date, Ford’s BEV sales in the US surged almost 72% YoY to 44,180 units. This figure accounted for a notable 4.4% of its overall volume. Refer to the table below:

ModelSalesChangeShare
Mustang Mach-E22,23458%–
F-150 Lightning15,64579%–
E-Transit6,301116%–
Total44,18072% 4.4% 

In hindsight, Ford’s BEV sales grew 18% YoY to more than 72,000 units in 2023. It represented around 3.8% of the brand’s overall vehicle sales.

It must be noted that Ford does not disclose the sale figures for its other plug-in models, including the Ford Escape PHEV. It also does not share the PHEV sales results of its Lincoln brand in the US.

These remarkable improvements in Ford’s all-electric vehicle sales enabled it to remain America’s second top-selling EV brand, trailing behind Tesla. It is on track to further boost its sales in the coming quarters with the arrival of its new models, including the new Explorer, Lincoln Aviator, Mustang Mach-E Rally, extended-range E-Transit, and other planned low-cost models.

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TAGGED: Electric Vehicle, EV, Ford, USA
EV-a2zm July 5, 2024 July 5, 2024
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