Ford Motor Co. Expected To Surpass 200K in EV Sales in Q3 2022
Toyota Motor Corp. reached the 200,000 electric vehicles sold in the US in Q2 2022, and next up as we’ve long forecasted is Ford Motor Co. Ford only needs to sell roughly 11,500 EVs in Q3 to reach the federal EV tax credit phaseout threshold.
US Q2 EV Sales (OEM Reported) Increased 43% Over Q1
US sales of the 29 EV models for which OEMs reported sales publicly had a combined 45% increase in Q2 over Q1. Sixteen BEVs and PHEVs had positive growth in Q2, while 10 models saw declines in Q2, although three of those models have been discontinued.