mobile-menu-icon
Ford Authority

Ford Explorer Hybrid Sales Down Sharply Through Q3 2022

Following a redesign for the 2020 model year, the Ford Explorer received a few changes for 2022, but the crossover soldiers on into the 2023 model year completely unchanged, as Ford Authority reported back in August. However, an all-electric version of the Explorer is expected to launch in 2024, followed by a redesigned ICE model in 2026. In the meantime, Ford Explorer Hybrid sales declined sharply in the first three quarters of 2022, according to Kelley Blue Book’s latest Electrified Light Vehicle Sales Report, which also noted that Ford Escape Hybrid sales increased significantly over that same time span.

In the third-quarter of this year, sales of the Ford Explorer Hybrid – which is currently part of the Limited and Platinum trims and is also standard on the Police Interceptor Utility – actually increased four percent from 2,512 units to 2,620. However, sales of that same model are down a whopping 30.6 percent through three quarters of 2022 as Ford has sold just 5,732 units versus 8,256 over the same period last year. This decrease has also cost the Explorer Hybrid market share, as it now commands 0.84 percent of the segment versus 1.27 percent last year.

What makes this news a bit peculiar is the fact that electrified vehicles in general reached a new sales record in the third quarter of 2022 with over 200,000 sold, and also outpaced the rest of the industry in terms of sales volume and share growth. “Electrified vehicles continue to be the darling of the industry, with the growing marketplace and consumer interest now reflected in record sales numbers,” said Brian Moody, executive editor for Kelley Blue Book. “While EV prices currently align more closely with luxury versus mainstream, the market continues to grow and evolve with more choices hitting the scene all the time. It’s no longer just ‘which Tesla is available,’ but rather an industry-wide boom with more EVs on the horizon from Ford, GM, Hyundai, and other manufacturers.”

While much more significant changes are coming over the next couple of years, as Ford Authority reported in June, 2023 Explorer order banks opened up on August 11th, 2022, while production is slated to begin at the Chicago Assembly plant on November 7th, 2022.

We’ll have more on the Explorer soon, so be sure and subscribe to Ford Authority for more Ford Explorer news and ongoing 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.

Subscribe to Ford Authority

For around-the-clock Ford news coverage

We'll send you one email per day with the latest Ford updates. It's totally free.

Comments

  1. Ford Owner

    Ford must convert all their large SUVS to ESUVs, including the Expedition and Excursion . That will take away sales from the Cadillac Escalade and Chevy Suburban which are not hybrid or electric .

    Reply
  2. Robert T

    Sales were really good till they ran out of product. They had some built and they sold them. Now they don’t have much. They were also marking up the sales price way over sticker price So sales went down. Just the past 3 weeks the dealerships got some actual vehicles and actually started selling at sticker. But the Hybrid I ordered over a year ago has still not been built.

    So you can look at numbers and right a hit piece like they have lost all these sales, or you could use a little logic. No reason to subscribe to your hit piece. You don’t seem to know much. Must be just sitting in an office just reading sales #s without logic….

    Reply

Leave a comment

Cancel