Ford’s EV Sales Plummet Amid Cost-Cutting & Market Challenges
Ford's EV sales plunged 74.9% last month and 60.5% year-to-date, despite cost-cutting efforts like 400V architecture and LFP batteries. High EV costs, waning tax credits, and increased hybrid interest contribute to the decline, with only Mustang Mach-E showing some resilience in a tough market.