Menu

Blog

Mar 9, 2024

Ford’s EV price cuts boost demand as all-electric sales climb 80% in February

Posted by in categories: sustainability, transportation

Ford’s EV sales climbed 80% year-over-year (YOY) in February following aggressive price cuts last month.

After EV sales slipped 11% last month in EV sales last month, Ford saw a big improvement in February with 6,368 all-electric vehicles handed over, up 80.8% over last year.

Ford sold 2,930 Mustang Mach-E models in February, up 64.3% YOY. However, Mach-E sales were down 20% through the first half of 2023 as Ford retooled its Cuatitlan, Mexico plant, where the EV is assembled.

Comments are closed.