Ford Motor Firm has misplaced the second spot in US EV gross sales within the first quarter of 2023 to Normal Motors.
Whereas Tesla stays the undisputed chief in America’s EV market – it is anticipated to announce at the least 180,000 deliveries for Q1 2023 – GM snatched the title of the second-best vendor of EVs within the US from Ford.
GM reported 20,670 EV gross sales for the quarter, virtually twice as many as Ford, which posted 10,866 gross sales throughout the identical interval. The overwhelming majority of Normal Motors’ EV gross sales had been made up by the Chevrolet Bolt EV and EUV fashions that begin below $30,000.
GM bought 19,700 Bolts, 968 Cadillac Lyriqs and simply two GMC Hummer EV Pickups, whereas Ford bought 5,407 Mustang Mach-Es, 4,291 F-150 Lightnings, and 1,168 E-Transits.
The very fact Ford misplaced the No. 2 spot in US EV gross sales is essentially attributed to manufacturing downtime for 2 of its key electrical merchandise, the Mustang Mach-E and F-150 Lightning.
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Ford’s Cuautitlan plant in Mexico that makes the Mach-E was down for many of the first quarter because the automaker ready it to spice up manufacturing so as to attain a run fee of 210,000 autos by yr’s finish. Manufacturing of the Lightning on the plant in Dearborn was additionally down for 5 weeks as Ford labored by a battery difficulty.
Regardless of these setbacks, Ford reaffirmed that it is on monitor to succeed in a run fee of 150,000 items for the Lightning this yr and a world run fee of 600,000 EVs by the top of this yr, on the way in which to an annual manufacturing capability of two million EVs globally by 2026.
In line with preliminary knowledge, Ford has dropped to fifth place in US EV gross sales in Q1, with Hyundai Motor Group (Hyundai, Kia, Genesis) and Volkswagen Group (VW, Audi, Porsche) surpassing it and taking third and fourth place, respectively.
Normal Motors mentioned on April 3 that it expects to construct 50,000 EVs within the first half in 2023 and “double that” within the second half of the yr on elevated Lyriq manufacturing and shipments of Silverado EV starting later this spring.