How many electric cars have Ford Motors sold? Surprisingly, the answer to this question may surprise you.
Basically, Ford has delivered only 6,614 electric vehicles up to fiscal 1Q 2021 or the period ended on March 31, 2021.
Keep in mind that this sales figure was concluded based on my finding of Ford’s EV sales for the last 3 years or between fiscal 2018 and fiscal 2021.
For the period prior to fiscal 2018, Ford may have sold some EVs but I did not take that into consideration in this article.
Additionally, in terms of Ford’s EVs that have been reserved or pre-ordered such as the newly launched F-150 Lightning, they also are not counted in this article.
Therefore, in this article, I am only counting EVs that have already been delivered by Ford.
All told, you may be wondering how on earth can that be while Tesla has already surpassed 100K electric vehicle deliveries per quarter and cumulatively, Tesla is on its way to 2 million EVs deliveries milestone soon.
Before diving deeper into the topic of Ford’s EV sales figures, let’s take a quick look at the different types of electric vehicles that are in existence today.
After finding out the different types of EVs, you will understand why Ford has only sold that many EVs.
Let’s take a look!
Electric Vehicle Types
There are a few types of EVs in existence today and they are shown as below:
1. Conventional hybrids EVs
2. Plugged-in hybrids EVs (PHEVs)
3. Battery electric vehicles (BEVs)
Conventional Hybrid EV
Conventional hybrids EVs such as the popular Toyota Prius run on both electricity and gasoline. This type of EV consists of a gasoline engine with an electric motor and of course, a battery.
However, the conventional hybrids EVs can only be charged when the vehicles are running, using the regenerative braking concept that converts kinetic energy into electricity.
While they are idling, they can’t be plugged in and recharged.
Plugged-In Hybrid EV (PHEV)
The plugged-in hybris EVs are similar to conventional hybrid EVs in that they run on both electricity and gasoline and have an electric motor that comes with a battery.
Unlike conventional hybrid EVS, the PHEVs can be recharged by plugging into an electric outlet when they are idling.
In addition, the PHEVs can also be recharged by using the regenerative braking concept when they are on the road.
The Chevy Volt built by General Motors is an example of a PHEV.
Battery Electric Vehicle (BEV)
The BEVs are fully electric vehicles that run exclusively on electricity via onboard batteries. These types of EVs do not have a gas combustion engine. Instead, the BEVs are powered entirely by an electric powertrain which produces no emission.
BEVs can only be recharged by plugging in an electric outlet at home or at a charging station.
The Nissan LEAF and Tesla Model 3 fall into this type of EVs.
Ford’s BEV Sales Numbers
When it comes to Ford’s electric vehicle sales figures, the numbers actually refer to the BEV or battery electric vehicles that Ford has sold.
Of course, the company has sold plenty of PHEVs and conventional hybrid types. However, these types of EVs come with a gasoline combustion engine and they do contribute to carbon emission.
In terms of battery EVs that contribute zero emissions, Ford has delivered only 6,614 units as of fiscal 1Q 2021 in North America.
In Ford’s case, its EV sales figure in fiscal 1Q 2021 came entirely from only 1 model and that was the Mustang Mach E which the company has only started delivering in fiscal 1Q 2021.
Why has Ford delivered only a few thousands of units of BEVs?
The reason is that Ford has only started to get serious about EV in fiscal 2020 and as of Q1 2021, it has only launched 2 BEV models, notably the Mustang Mach E and the 2022 F-150 Lightning.
As shown in the following EV roadmap which Ford released in fiscal 2Q 2020, Ford has actually met its target of releasing the Mustang Mach E by the end of fiscal 2020 or early 2021.
Other than the Mustang Mach-E, Ford is also working on a battery-electric F-150 Lightning. However, the BEV version of the full-size pickup F-150 will only be available in 2022/2023.
You can actually start to book the F-150 Lightning now on the Ford website.
As such, Ford has delivered only the full battery Mustang Mach E as of fiscal 1Q 2021 in North America in terms of EV play.
Ford’s BEVs In China
Based on the 2Q20 earnings release, Ford has actually sold some BEVs in China. However, the BEVs model in China, called the Ford Territory BEV, were jointly developed under a joint venture with Jiangling Motors Corporation.
Under the joint venture partnership, Ford does not have a controlling interest in Jiangling Motors Corporation. As such, the sales of the Territory BEV in China will not be recognized directly as revenue for Ford. Instead, the sales will be accounted for as equity income based on the percentage of interest Ford has under the joint venture.
Ford does not break down the sales of the BEVs in China in its earnings release report. However, Ford sold a total of 159,000 vehicles in China in 2Q 2020 according to the company’s release statement.
How Many EVs Has Ford Sold?
If we account for all types of EVs, Ford did sell a considerable number of EVs especially the hybrids and plugged-in hybrids types not only in the U.S but globally.
Again, Ford did not specifically disclose and break down the number of all types of EVs sold all around the world.
For example, in the U.S alone, Ford sold roughly 8,000 units of Fusion in fiscal 1Q 2021 which included both the EVs and non-EVs models.
Similarly, Ford sold a total of 41,000 units of Ford Escape in the U.S. alone in fiscal 1Q 2021, and the figure included both the EVs and non-EVs models.
In summary, Ford has sold only 6,614 units of BEV in North America as of fiscal 1Q 2021 which consisted entirely of the Mustang Mach E.
The closest date at which the company will deliver its 2nd BEV will be late 2022 and the corresponding model will be the F-150 Lightning.
Until then, we can only wait and I will update this article again to reflect the number of BEVs that Ford has delivered.
References and Credits
1. Financial figures in all charts and tables in this article were obtained and referenced from financial reports and vehicle sales reports available in Ford’s Financials and Filings.
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