"Ford's Record Hybrid and Electric Vehicle Sales Drive 6.8% Surge in Overall Sales"

1 min read
Source: The Verge
"Ford's Record Hybrid and Electric Vehicle Sales Drive 6.8% Surge in Overall Sales"
Photo: The Verge
TL;DR Summary

Ford's hybrid vehicles had their best sales quarter ever, with a 42% increase in sales compared to the previous year, while gas-guzzling SUVs also saw historic sales. The company's electric vehicles, including the Mustang Mach-E, F-150 Lightning, and E-Transit van, performed well, with an 86% increase in sales over the previous year. However, Ford still trails Tesla in EV sales. The automotive industry is seeing a resurgence in hybrid vehicle sales, but there are concerns that hybrids may not be sufficient to address the current climate crisis, with the Biden administration emphasizing the need for a rapid transition to battery EVs.

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