Ford Authority

Ford EV Sales Growing Faster Than Overall Segment

It’s still early for Ford in terms of the automaker’s massive EV pivot, as the Ford F-150 Lightning and E-Transit just joined the Ford Mustang Mach-E in its lineup over the past couple of months. However, at the same time, Ford EV sales continue to grow at a rapid rate, in spite of a number of challenges, particularly the semiconductor chip shortage, other supply chain constraints, and the rising costs of raw materials.

In fact, according to the company’s May sales report, Ford EV sales totaled 6,254 units, which is a 222 percent increase over 2021. Ford EV sales also grew at a rate that’s nearly four times faster than the overall EV segment in the U.S. last month, which is perhaps even more notable given the increased level of competition the automotive market has experienced in that regard over the past several months.

Ford recorded its first sales of the 2022 F-150 Lightning last month as well, moving 201 units with many more on their way to customers at the moment. However, the more established Mach-E is still leading the way in that regard, as Ford sold 6,734 units in Q1, an increase of two percent over last year. The Mach-E also helped the overall automotive industry improve its total EV sales by 89 percent in 2021, a significant increase as automakers sold 487,460 EVs in the U.S. alone last year.

Ford also reached a pretty important milestone in April as it its new EV registrations topped all non-luxury automakers in the U.S. through the first four months of the year with 11,751 units, of which 10,740 belonged to the Mach-E, 908 to the E-Transit, and 103 to the F-150 Lightning. Ford – along with every other automaker – still faces an uphill battle against Testa, which is considered a luxury brand, as that company continued to dominate the overall EV market with 139,338 new registrations through April, however.

We’ll have more on the state of the EV market soon, so be sure and subscribe to Ford Authority for 24/7 Ford news coverage.

Brett's lost track of all the Fords he's owned over the years and how much he's spent modifying them, but his current money pits include an S550 Mustang and 13th gen F-150.

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