Ford's Electric Vehicle Sales Soar

Ford's electric vehicle sales surged by 21.2% in January, driven mainly by the Mustang Mach-E SUV, which saw a 172% increase with 3,529 units sold, even outselling the gas-powered Mustang. However, not all EV models experienced growth; the F-150 Lightning dropped by 15.5% and the E-Transit van sales plunged by 80%. Overall, Ford's sales dipped by 6.3%, largely due to a 9.4% decline in gas-powered vehicle sales. On a positive note, hybrid vehicle sales increased by 19.2% to 13,295 units, highlighting Ford's shift towards electrification.