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HomeAutomobileGM overtakes Ford in U.S. EV gross sales, nonetheless trails Tesla

GM overtakes Ford in U.S. EV gross sales, nonetheless trails Tesla

GM auto sales top 20,000, on track for 50,000 EVs produced through June

DETROIT – General Motors pulled forward of Ford Motor to turn into the nation’s second best-seller of all-electric automobiles through the first quarter, trailing solely business chief Tesla.

GM on Monday said it sold 20,670 EVs through the first three months of the yr. Ford, which was No. 2 final yr, reported EV sales Tuesday of 10,866 over the identical timeframe.

Motor Intelligence reviews Ford’s EV gross sales through the first quarter dropped its rating in EV gross sales to fifth within the U.S. Hyundai Motor, together with Kia, and Volkswagen pulled forward of Ford along with GM, in response to the auto business knowledge agency.

Ford’s drop in rankings and gross sales had been largely as a result of manufacturing downtimes at two of its North American crops that produce electrical automobiles. Gross sales of its Mustang Mach-E fell 19.7% through the quarter, because it retooled a manufacturing facility in Mexico to double its manufacturing capability to 210,000 fashions a yr. Ford additionally misplaced about 5 manufacturing weeks of its F-150 Lightning pickup due to a battery fire, which led to manufacturing facility downtown and a small recall.

GM nonetheless considerably trails Tesla in EV gross sales. Motor Intelligence estimates Tesla, which doesn’t report gross sales by area, bought 161,630 EVs within the U.S. through the first quarter.

Each GM and Ford have stated they plan to overhaul Tesla in EV gross sales within the years forward, nonetheless Elon Musk’s firm is concentrating on important growth of its personal EV manufacturing. Tesla beforehand stated it expects to supply 20 million electric vehicles per year by 2030.

UAW Native 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV throughout car manufacturing on Thursday, Might 6, 2021, on the Common Motors Orion Meeting Plant in Orion Township, Michigan.

Steve Fecht for Chevrolet

A majority of GM’s EV gross sales had been from its Chevrolet Bolt models that begin beneath $30,000. The automobiles function older battery expertise referred to as Ultium than its newer, costlier EVs such as the GMC Hummer and Cadillac Lyriq.

GM confirmed Monday that it expects to construct 50,000 EVs within the first half of 2023 and “double that” within the second half of the year, as Lyriq manufacturing ramps up and shipments of the electrical model of the Chevrolet Silverado pickup start later this spring.

Ford is increasing manufacturing of its EVs as nicely, together with plans, which it reconfirmed Tuesday, to increase manufacturing of the F-150 Lightning at a Michigan plant to an annual manufacturing run charge of 150,000 this year.

Ford has stated it plans to attain annual manufacturing capability of two million EVs globally by 2026. GM has stated it will hit that very same threshold a yr earlier.

– CNBC’s Phil LeBeau contributed to this report.

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