Wednesday, December 07, 2022

Ford EV sales rose 307% in August, ranking second in electric vehicle sales in the United States

He devoted his camp to converting his fleet to electricity, and it was very rewarding. America’s best-selling automaker is seeing strong demand for its electric models as sales grew 307% in August.

For more than a century, Ford has propelled the American auto industry to new heights. Henry Ford revolutionized the industry, introducing the first mobile assembly line in 1913 to boost production.

Then, the company built its first truck, the Ford Motel TT, in 1915. Now the company is moving towards a new frontier, all-electric.

Ford has so far managed to convert its most popular model into an electric vehicle. I started in December 2020 with the Mustang E Match, an electric twist on an old favorite muscle car. Subsequently, Ford introduced an electric version of its commercial truck, the E-Transit, which was an industry favorite.

To delve deeper into the electric vehicle market, Ford introduced the F-150 Lightning, an all-electric pickup truck, to join the F-series’ ever-popular lineup. Deliveries began in May 2022, and by August, Ford had delivered its EV trucks to all 50 US states. Companies are now struggling with the increasing number of orders coming in.

Ford CEO James Farley commented on the positive response from consumers during the second quarter of this year’s earnings call in late July, explaining:

We are now overwhelmed by demand for our first generation cars, the Mustang Mach-E, Lightning and E-Transit. These products are on the market now, and we have a strong multi-year demand bank. We sell it as soon as possible.

Ford wants to reach an operating rate of 60,000 EVs by the end of next year, while increasing that to 2 million by 2026. However, Ford is closing significant battery metal deals with suppliers like Cattle to ensure it achieves its goals.

Ford Mustang Mach-A Vapor Blue Sumber: Ford

Ford EV sales more than quadruple in August, winning streak continues

After the sale, orders for Ford’s F-150 Lightning reopened in early August with new prices and updated colors. Then last week, Ford opened orders for the mach-grandfather Mustang, which also featured a higher price tag and two new colors.

The F-150 Lightning Truck had its best month ever (again), sold out at multiple dealers in just eight days, and was its fastest turning vehicle. EV sold 2373 trucks in August, 200 more than in July.

On the other hand, the Mustang Mach-A is in great demand despite being in the market for more than a year. Mach-E sales grew 115% from August 2021 to total 3,120. However, new Mach-E orders hit a record low of over 7,800 in a month.

Ford’s commercial electric vehicles dominate the market, with a share of over 90%. The automaker sold 404 Transit e-cars in August.

The response so far has been impressive, with Ford ranking second in the US electric vehicle sales market in August. Below are the sales details of the Ford EV for 2022 so far.

  • Ford F-150 Headlight – 6842
  • Mustang Mach E – 25,765
  • E-Transit – 3938

Despite higher interest rates and higher prices for the models, Ford’s EV sales haven’t slowed. August shows that demand for electric vehicles is high, and automakers are still struggling to keep up.

electric low

Ford has made a strong case for itself over the past year as a true competitor to electric vehicles. With all the older automakers and electric car companies chasing Tesla at the moment for market share, Ford is looking to build on its success so far.

With the successful introduction of the F-150 Lightning, Ford claims a significant market for EV trucks.

Ford has said it will focus on converting some of the flagship models (such as the Cruiser, Maverick and Ranger) that are already selling well into its electric portfolio.

Is it enough for Ford to maintain market share? I wouldn’t doubt it. You see, Ford has an advantage over start-ups in its ability to extract money from selling conventional cars to fuel the development of its electric models.

I’m interested to see how the market reacts to the introduction of the new electric truck. Rivian is ramping up production of the R1T while the Tesla e-truck is set to reach production in 2023.

Old vs New – Who Will Come Out On Top? I wouldn’t be surprised to see that Ford has nearly 100 years of truck manufacturing experience. Then again, lightning is a different ball game. we will see.

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Penjualan Ford Ev Naik 307 Pada Bulan Agustus Menempati Peringkat

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