Ford announces record sales start for EVs

Ford’s 2021 Mustang Mach-E

Ford has announced that its electrified vehicles have hit a record sales start. Driven largely by the fully electric Mustang Mach-E and F-150 PowerBoostHybrid, the automaker’s EV sales increased 74.1% to a record sales start, with 25,980 vehicles sold.

Q1 2021 sales of the Mustang Mach-E totaled 6,614 vehicles, with days-to-turn of just seven days. Sales of the F-150 PowerBoostHybrid jumped 110% in March compared to February, at 3,949 vehicles, making March its best sales performance since launch. The Q1 sales total for the truck is 7,176.

The success of its EVs pushed Ford’s first-quarter retail sales up 23.1 percent, selling above both 2020 and 2019 first-quarter results. Retail truck and SUVs were up 87,883 over a year ago, fully offsetting the retail loss of 13,688 from the discontinuation of cars. Combined retail trucks and SUV sales were up 30.8 percent providing Ford with its best first-quarter performance since 2007, the company reported.