Dearborn-based Ford Motor Co.
What Happened: In the last quarter of 2020, Ford sold three units of the electric Mach-E and officially commenced the sales of the EV. In the whole year, the company had sold 61,090 units of the Mustang.
YearMustang Mach-E Sales vs Mustang Sales
- 2020: 3 vs 61,090
- 2021: 27,140 vs 52,414
- 2022: 39,458 vs 47,566
- 2023: 40,771 vs 48,605
- 2024: 51,745 vs 44,003
Why It Matters: Ford's Mach-E is one of Ford's three EVs sold in the U.S. besides the F-150 Lightning pickup truck and the E-transit electric van.
Last year, Ford sold 97,865 electric vehicles, accounting for merely 4.7% of its overall vehicle sales in the year.
A majority of Ford's sales include combustion engine vehicles and the company has a long lineup of gas-powered vehicles besides its best-selling F-series truck or its Explorer SUV.