US: Ford BEV Sales Quadrupled In August 2022 via insideevs.com
In August, the total sales of Ford and Lincoln vehicles in the US increased by 27% year-over-year to 158,088. The year-to-date result is now only 0.2% lower than a year ago at 1,237,850.On top of that positive news is booming electric vehicle sales. In August,'s all-electric vehicle sales amounted to 5,897, which is 307% more than a year ago and 3.9% of the total volume.
Well, the high rate of growth is actually a result of a noticeable dip in August 2021, nonetheless Ford is doing very well this summer. The company says that its BEV growth rate is outpacing the market's average and that the brand is now the 2nd biggest player in the BEV segment, after Tesla. Interesting is also a high conquest rate at 60%:
"Ford electric vehicle sales expanded four fold over a year ago, growing almost four times faster than the EV segment and conquesting from competitors at a rate over 60 percent." Ford's BEV lineup includes three models - the growing Ford Mustang Mach-E, the all-new Ford F-150 Lightning electric pickup and Ford E-Transit commercial van.“F-Series was America’s best selling truck, best selling hybrid truck and best selling electric truck with F 150 Lightning in August. Ford’s overall electric vehicle portfolio expanded four fold in August, while conquesting from competitors at a rate over 60 percent.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
XPeng Electric Car Sales Dropped Below 10,000 In August 2022In August, XPeng delivered 9,578 electric cars, which is 33% more than a year ago, but nowhere near the 100%, 200% or higher increases in the past.
Read more »
US hiring slowed in August as employers add 315,000 jobsThe government reported that the economy added 315,000 jobs last month, down from 526,000 in July and below the average gain of the previous three months.
Read more »
Homespun Kitchen, Crumbl Cookies and Sorrento Italian: Jacksonville restaurant openings and closings in AugustIn August, Jacksonville said goodbye to Sorrento Italian and Sweet by Holly. But several new restaurants are in the works. Here's a recap.
Read more »
Young and Restless | Vanity Fair | August 1995Last year, Speed made Keanu Reeves a superstar. But after 24 movies, the actor remains an enigma: a man who earns millions, yet lives out of a suitcase; a heartthrob who dates few women, yet fends off rumors of a gay marriage; an actor who can appear in Bill & Ted's Excellent Adventure or Hamlet with equal conviction and appeal. With Reeves's new W. W. II romance, A Walk in the Clouds, due on-screen this month, MICHAEL SHNAYERSON met with the star in Minneapolis to pose the essential question: Offscreen, just who is Keanu?
Read more »
Alaska News Nightly: Wednesday, August 31, 2022 - Alaska Public MediaDemocrat Mary Peltola has won the special election for Alaska's U.S. House seat. Also, police say a Ketchikan man picked up a half million dollars worth of illegal drugs. And after a multi-year lawsuit, cruise lines sign an agreement with the city of Juneau.
Read more »
Slower US Job Gain in August Could Aid Fed's Inflation FightAmerica’s employers slowed their hiring in August in the face of rising interest rates, high inflation and sluggish consumer spending, all of which weakened the outlook for the economy. The government reported that the economy added 315,000 jobs last month, down from 526,000 in July and below the average gain of the previous three months. The unemployment rate rose to 3.7%, from a half-century low of 3.5% in July, as more Americans came off the sidelines to look for jobs. The smaller August gain will likely be welcomed by the Federal Reserve. The Fed is rapidly raising interest rates to try to cool hiring and wage growth, which have been consistently strong.
Read more »