While Tesla
According to Ford, its portion of the electric vehicle segment has gone up 7.4% throughout the month of November, which has gone up by about 5.7% from last year.
This past November alone, Ford has delivered more than 146,364 vehicles, down about 7.8% from a year ago. In the meantime, however, Ford's electric vehicle sales have dramatically improved with time. In the past year alone, they have increased by 102.6%.
In terms of specific types of Ford's electric vehicles, its sales rate increased by about two times the rate of the general market throughout November. It is right behind Tesla in terms of success within the electric vehicle world. The following statistics reveal the amount of electric vehicle sales in the month of November: F-150 Lightning had 2,062 sales; Mustang Mach-e had 3,539 sales; and E-transit van had 654 sales.
"Evaluating EV market performance requires looking through a lower-volume lens than with traditional ICE products," said Stephanie Brinley, associate director of AutoIntelligence at S&P Global Mobility, in a statement. "But growth prospects for EV products are strong, investment is massive and the regulatory environment in the U.S. and globally suggests that these are the solution for the future."
In terms of the types of models that are sold, manufactures are still having trouble when it comes to grasping onto or fully realizing the level of competition that exists. For the most part, vehicle sales have been repressed by general inventory and availability.
In general, the electric vehicle industry has been flourishing and gaining much more popularity, as proven by specific data that has been gathered throughout the month of September. It also seems as though consumers' willingness to purchase electric vehicles is up in the air, which makes the situation all the more challenging.
"Before you feel too badly for Tesla, however, remember that the brand will continue to see unit sales grow, even as share declines," Brinley added. "The EV market in 2022 is a Tesla market, and it will continue to be, so long as its competitors are bound by production capacity."
- https://www.spglobal.com/mobility/en/research-analysis/new-ev-entries-nibbling-away-at-tesla-ev-share.html
- https://www.cnbc.com/2022/12/02/ford-claims-no-2-spot-in-evs-behind-tesla-passing-hyundai.html
- https://electrek.co/2022/12/02/fords-electric-vehicle-sales-outshine-gas-cars-in-november-2022/
- https://www.barrons.com/articles/tesla-gm-ford-stock-ev-sales-51669827459