Ford E-Transit Sales Skyrocket 89 Percent In Q3 2023

Ford E-Transit sales increased in the United States and Mexico Q3 2023.

Ford E-Transit Sales - Q3 2023 - United States

In the United States, Ford E-Transit deliveries totaled 2,617 units in Q3 2023, an increase of about 90 percent compared to 1,379 units sold in Q3 2022.

In the first nine months of the year, E-Transit sales increased about 26 percent to 5,529 units.

Ford E-Transit Sales - Q3 2023 - Mexico

In Mexico, Ford E-Transit deliveries totaled 620 units in Q3 2023, an increase of about 228 percent compared to 189 units sold in Q3 2022.

In the first nine months of the year, E-Transit sales increased about 167 percent to 652 units.

Competitive Sales Comparison (USA)

Ford E-Transit sales dominated its competitive segment during Q3 2023. Sales of the electric van increased 90 percent last quarter, up 89 percent year-over-year.

The next-closest competitor, the BrightDrop Zevo 600, only sold 35 units last quarter, while finally, the Rivian EDV 700 rounded out the segment with zero sales, down 100 percent.

Sales Numbers - Full-Size Electric Vans - Q3 2023 - USA

In terms of segment share, Ford E-Transit sales collected an impressive 99 percent share, up 54 percentage points from Q3 2022. The EDV 700 earned the remaining one percent, while the EDV 700 did not earn any segment share.

Overall, the full-size electric van segment contracted 14 percent to 2,652 units, meaning that comparatively, E-Transit sales vastly outperformed the segment average.

 

The Ford Authority Take

The upswing in Ford E-Transit sales is encouraging as demand for electric vehicles across the board appears to have stagnated.

FoMoCo initially planned to produce 600,000 EVs a year by 2024, but pushed this goalpost back in the wake of falling demand for EVs. Of that number, The Blue Oval eyed a goal of producing 150,000 E-Transit vans annually, although the automaker has acknowledged that EV adoption is slower than its initial projections indicated.

Even so, E-Transit production numbers soared during the first quarter of 2023 to meet demand, as the electric van is recognized as one of the most popular fleet EVs. Companies like Meals on Wheels to the United States Postal Service have adopted the electric van, prompting Ford to ramp up production with focus on improving supply of the more popular medium- and low-roof variants. More recently, California Vanpool Authority (CalVans) added 400 units of the E-Transit to its fleet, and so did Michigan-based Consumers Energy.