Ford EV sales surge past 20K in Q3, fueled by Mustang Mach-E demand

Ford's third-quarter EV sales surpassed 20,000 units, with the Mustang Mach-E leading the way with a 42.5% increase in sales. The company sold a total of 20,962 electric vehicles, edging out GM. While the Mach-E's sales have rebounded, Ford's electric pickup sales declined by 46% compared to last year. Ford is on track to triple F-150 Lightning production capacity and introduced a new "Flash" trim to cater to customer demand. However, Ford's EV sales still account for just over 4% of its overall sales, and it trails behind Rivian in terms of electric vehicle deliveries.