3.1 C
New York
Sunday, January 19, 2025

Ford extends EV promo after document F-150 Lightning, Mach-E gross sales


After its greatest EV gross sales quarter ever within the fourth quarter, Ford is extending its “Energy Promise” program, which features a free residence charger. Ford appears to be like to maintain the momentum going this yr after the F-150 Lightning and Mustang Mach-E set new gross sales data in 2024.

Ford set a brand new EV gross sales document in This autumn and 2024

Ford’s whole US gross sales rose 8.8% within the fourth quarter, with 530,660 automobiles bought. The expansion helped push Ford’s full-year 2024 gross sales to over 2.07 million, up 4.2% from 2023, double the estimated business common (2%).

The expansion was primarily because of larger electrified automobile gross sales, together with EVs, HEVs, and PHEVs. Ford bought almost 285,600 electrified automobiles in 2024 (+38% YOY), which the corporate claims is greater than cross-town rivals GM and Stellantis.

Ford’s totally electrical automobiles, the Mustang Mach-E, F-150 Lightning, and E-Transit, all set new gross sales data final yr. The corporate bought a document 30,176 EVs within the fourth quarter (+16% YOY) for a complete of 97,865 (+34.8% YOY) in 2024.

With 16,119 models bought in This autumn 2024, Ford’s Mach-E had its greatest gross sales quarter up to now. The Mach-E was the second-best-selling electrical SUV within the US in 2024, behind Tesla’s Mannequin Y, with 51,745 models bought (+27% YOY).

Ford-EV-sales-2024
Ford Mustang Mach-E at a Tesla Supercharger (Supply: Ford)

Though F-150 Lightning gross sales slipped 10% in This autumn with simply 10,703 fashions bought, Ford bought over 33,500 electrical pickups in 2024, up 38% from the prior yr.

In the meantime, Ford’s EV E-Transit van continued seeing larger demand, with gross sales surging 64% in 2024. Ford bought over 12,600 E-Transit vans final yr.

Ford-EV-sales-2024
Ford Mustang Mach-E (left) and F-150 Lightning (proper) (Supply: Ford)

After seeing EV gross sales choose up in This autumn 2024, Ford is extending its “Energy Promise” promotion. Launched in October, this system gives all new EV patrons with a free Degree 2 residence charger, and Ford covers the price of commonplace set up.

This autumn 2024 Gross sales YOY change
(vs This autumn 2023)
Full-12 months 2024 gross sales YOY change
(vs 2023)
F-150 Lightning 10,703 -10.1% 33,510 +38.7%
Mustang Mach-E 16,119 +35.6% 51,745 +26.9%
E-Transit 3,354 +56.5% 12,610 +64.4%
Whole EV gross sales 30,176 +16.3% 97,865 +34.8%
Ford EV gross sales in This autumn and full-year 2024

Ford desires patrons to understand the true advantages of driving an EV, like waking up with a full cost each morning. Different advantages of this system embody an 8-year, 100,000-battery guarantee, 24/7 reside assist, and roadside help.

Electrek’s Take

Like most, Ford is providing important incentives on electrical fashions. The reductions and promotions fueled a document gross sales quarter in This autumn, however with a brand new wave of EVs hitting the market in 2025, will Ford be capable of proceed the momentum?

Ford delayed its three-row electrical SUV, opening the door for rivals like Kia, Hyundai, Volvo, Rivian, and others to take benefit.

Hyundai and Kia set new US gross sales data in 2024 and count on much more demand this yr with new EVs and US manufacturing ramping. Hyundai opened its large new EV plant in Georgia late final yr and is constructing new fashions just like the upgraded 2025 IONIQ 5 and three-row IONIQ 9. New EVs constructed on the facility now qualify for the $7,500 federal tax credit score for the primary time.

Kia credited the profitable launch of its three-row EV9 SUV as a giant purpose behind its success. After delivering the primary fashions in late 2023, Kia bought over 22,000 EV9s final yr. Kia is constructing the EV9 at its West Level, GA plant, enabling it to additionally qualify for the $7,500 credit score.

With different EVs gaining momentum, just like the Chevy Equinox EV and Honda Prologue, can Ford hold tempo in 2025? Tell us your ideas under.

Able to reap the benefits of the financial savings? We’ve obtained you lined. You need to use our hyperlinks under to seek out offers on new Ford F-150 Lightning and Mustang Mach-E fashions in your space.

FTC: We use earnings incomes auto affiliate hyperlinks. Extra.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles