Posted on 04/03/2024 3:12:35 PM PDT by Miami Rebel
Ford is starting 2024 off strong with EV sales up 86% through the first three months. The growth was enough for Ford to place second in the US EV market behind only Tesla. Ford’s sales surge comes after slashing prices earlier this year.
Ford takes second behind Tesla in the US EV market. Ford announced that electric vehicle sales increased 86%, with 20,223 EVs sold through the first quarter of 2024.
The F-150 Lightning remained America’s best-selling electric pickup, with 7,743 units handed over, topping Rivian’s R1T. Meanwhile, Mustang Mach-E sales surged 77% YOY with 9,589 electric SUVs handed over. The Mach-E was the second best-selling electric SUV behind Tesla’s Model Y.
Ford’s E-Transit was the top-selling electric van, with 2,891 models sold, up 148% over Q1 2023. This was the E-Transit’s best sales quarter since launching in 2022.
Commercial customers are gravitating toward all-electric options, with Ford Pro EV adoption rising by over 40%. Ford said many orders for the new 2024 F-150 Lightning are repeat customers. The E-Transit is seeing higher demand as government and small business adoption rates climb.
(Excerpt) Read more at electrek.co ...
What is the world coming to when the Mustang has become an SUV? That just ain't right.
RE: making a guess I own a mobile phone today....
Not really.
I have a landline phone and a burner phone for car emergency calls only. (”Burner phones are also used by criminals to evade detection by authorities.”)
One site says:
There is often no registration required when purchasing the devices along with prepaid minutes, which makes tracing calls by law enforcement or a government agency nearly impossible.
License plate cameras on the route may have captured your license plate and recorded your movements. A camera in the store may have recorded you buying the phone. Your credit card company will have a record of you buying the phone.
Traditionally, Burner phones were prepaid mobile devices that you could throw away (or “burn”) once their purpose was served. These devices were particularly popular for people who wanted their phone calls and messages to be completely untraceable.
Probably a bunch, but last month Ford’s CEO, John Lawler, projected adjusted earnings before interest and taxes (EBIT) of $10 billion to $12 billion, adjusted free cash flow of $6 billion to $7 billion, and capital expenditures of $8 billion to $9.5 billion.
Bottom line: Ford can afford it.
Tesla took 18 years to make a profit from EVs. Ford will do it faster.
You can recapture 90 percent of the power normally lost to heat in braking. But you only get back about ten percent of the power you used to achieve the speed you brake from. And, of course, the longer the trip before you brake, the lower that percentage is. I suppose you do get something back, but in the grand scheme it’s a rounding error.
I believe the “right” to own an obsolete gas engine car will be useless if the oil companies are forced out of business and the gas stations closed down. And no license tab renewals or auto insurance allowed by federal law soon.
Musk in my estimation is a good business organizer (like Edison was) and an infinitely better huckster.
Since he became politically aligned with MAGA, all has been forgiven despite the fact that his product is loathed.
Removing 84% of the planets energy will leave a mark
The link only shows prices for electric Ford trucks. Neither you or I would be driving one of them, and the reduction price is a pittance. They want you to think you're getting a deal. I'll never drive an EV or a hybrid, and I'll never purchase another car. Leasing for me is so much easier, and I get a new car every three years, which means, if I don't like the model I had, I can lease a different one. I've been a long-time Nissan owner. Every Nissan I've had, and kept for years, hasn't owed me a penny. The Altima is my current vehicle. I bought a loaded Nissan in 2005, and I had that car for almost 15 years, and turned it in to get my first car lease in September 2019. It sill had its original exhaust system on it.
You’d best use an MC Escher sort of route where you’re always driving downhill :)
These are not sales to the end customer, these number are mostly shipments of these monstrosities from the factory to dealer lots ... that is counted as a “sale” at Ford and many other car makers.
I would say most of in not all of that “big” increase are just sitting on lots around the country taking up space.
Ford will never clear a dime from EV sales without the boot of big gov’t on the necks of the general population.
Which is coming and I suppose that makes you smile, bigly.
You like your EV, fine. But 95% of drivers don’t meet all the qualifications to make EV driving remotely desiraable.
I’d like to see them make their EVs without Oil
I keep reading horror stories like one in the UK where it took a man 7 hours for a three hour trip because of of the need to recharge
And I bet the dealers do not have the option to refuse delivery on these space-hogging paperweights.
I’ll add to the suggestion coal aspect. Instead of enjoying a very competitive market for gas you will now be at the mercy of a single power provider. Who will be at the mercy of government regulators. In many countries like Canada the power providers are a publicly owned utility.
It’s a done deal in Canada. No more ICE vehicles in 2036 can be built.
“I can’t remember if the numbers generated electronic signals or if the user had to really use the dial.”
They can but you need to install a POTS line (Plain Old Telephone Service still offer by phone companies). We had one just for laughs, an old French style rotary but we yard sales the phone a couple years ago.
Of course if at a restaurant, they likely would not have such a line LOL.
You’re right about that. MPG for self-charging EVs is better in the city than on the highway. When I saw that on a car’s sticker once I was totally surprised, but it makes sense if you get some bang for the buck when braking however small.
Ford was already losing $28k or more per EV. Slashing prices is not going to help that.
Big Ford dealer near me has a couple Mach-Es and no Lightnings on the lot.
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