Ford EV Sales Hit New Monthly Record In November

Ford is enjoying significant momentum in its electrified vehicle lineup, positioning itself as a strong contender in the EV market. In the first 11 months of 2024, the automaker sold 257,693 electrified vehicles, including hybrids, plug-in hybrids, and fully electric models. November alone accounted for 10,821 EV sales, representing a 21% increase compared to the same month last year. This growth is driven by high demand for the Mustang Mach-E, F-150 Lightning, and E-Transit models.

The Mustang Mach-E, in particular, had a record-breaking performance, with 5,983 units sold in November—a 39% increase year-over-year. So far in 2024, nearly 45,000 Mustang Mach-Es have been sold in the U.S., making it the second best-selling electric SUV in the country, trailing only the Tesla Model Y. These figures highlight Ford’s successful efforts to capture a growing share of the EV market while maintaining its strong position in the hybrid and plug-in hybrid segments.

With this momentum, Ford appears poised to close out the year on a high note, reinforcing its commitment to electrification and solidifying its place among the leading EV manufacturers in the U.S.

The Mustang Mach-E, introduced as a 2021 model, continues to be a standout success for Ford, demonstrating sustained appeal even as the EV market grows more competitive. For the 2025 model year, Ford has made the Mach-E an even more compelling choice by lowering its starting price to $36,495 (before destination), positioning it as one of the most affordable electric crossovers available. Additionally, the new model includes enhancements such as a heat pump for improved winter range and efficiency, as well as the latest version of BlueCruise, which offers automatic lane changes, boosting its value proposition further.

The E-Transit van is another strong performer in Ford’s electrified lineup. It has set sales records this year, with a fourfold increase in volume compared to 2023. With 11,584 units sold year-to-date and 1,240 units sold in November alone, the E-Transit holds its position as America’s best-selling electric van, catering to growing demand in the commercial sector.

Meanwhile, the F-150 Lightning, despite ceding its best-selling electric truck title to the Tesla Cybertruck in the third quarter, has shown resilience. November sales reached a record 3,643 units, a 1.7% year-over-year increase. Through November, Ford has sold 28,313 units of the electric truck, marking a 39% rise compared to the same period in 2023. This growth highlights continued interest in Ford’s electric truck offering, even as competition heats up in the segment.

With the Mustang Mach-E, E-Transit, and F-150 Lightning performing well across their respective categories, Ford’s EV lineup is not only holding its ground but also expanding its reach, setting the company up for a strong finish in 2024.

While Ford’s fully electric models like the Mustang Mach-E, F-150 Lightning, and E-Transit have made notable strides, their sales figures are still dwarfed by the success of the brand’s hybrids. The Maverick and F-150 hybrids remain Ford’s top volume sellers and significant profit drivers. So far in 2024, the automaker has sold an impressive 133,983 hybrid trucks, with the F-150 hybrid accounting for 67,666 units and the Maverick hybrid contributing 66,272 units. These numbers highlight the continued consumer preference for hybrids, which offer a middle ground between traditional internal combustion vehicles and fully electric ones.

Meanwhile, competition in the EV space is intensifying rapidly. The Hyundai Ioniq 5 now features a factory-installed NACS (North American Charging Standard) port, allowing seamless access to Tesla’s expansive Supercharger network—a major advantage for EV drivers. Honda’s Prologue is gaining popularity, quickly emerging as a favorite among American EV buyers. General Motors is also stepping up its game, now boasting the largest EV portfolio of any brand in the U.S., with the Chevy Equinox EV leading its push into mainstream adoption.

Adding to the landscape is the looming uncertainty surrounding federal EV tax credits. The potential discontinuation of these incentives under the incoming administration could impact consumer purchasing decisions. Despite this, 2025 promises to be a landmark year for EV enthusiasts, with more options, better technology, and increasingly competitive pricing reshaping the automotive market. EVinfo.net believes even if the tax credit is cut, the EV industry will rebound from the initial shock and continue to grow fast. EVinfo.net strongly recommends all Ford EVs.