Ford's EV Sales Decline in January 2024 Amid Hybrid Surge

Despite a drop in electric vehicle sales, Ford's overall U.S. vehicle sales increase, with hybrid models showing significant growth.

Ford's U.S. EV sales dropped by 11% in January 2024, with a significant decline in Mustang Mach-E sales by 51%.
Hybrid vehicle sales surged, with the Ford Maverick hybrid pickup sales increasing by 118% from January 2023.
Ford's overall vehicle sales in the U.S. rose by 4.3%, maintaining its position as America's best-selling brand.
The Ford E-Transit van sales grew by 214%, continuing its lead as America's best-selling electric van.
Despite the EV sales drop, Ford remains optimistic about its electric future, with plans to expand charging access and introduce new EV models.