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Among the brands leading this EV sales surge, Hyundai stands out, boasting an impressive 54% increase in Ioniq 5 sales year-over-year. This uptick in Hyundai's EV sales reflects their solid market strategy. Meanwhile, Ford achieved a 21% increase in sales for its Mustang Mach-E, a model that has quickly gained traction in the U.S. market. In fact, the Mustang Mach-E was the second-best-selling electric SUV in January, just behind Tesla’s Model Y.
Despite positive results for some models, Ford’s sales paint a mixed picture. The F-150 Lightning saw a 15% decline, while the ET Transit EV experienced a staggering drop of 80%, delivering only 230 units. Here, the success of the Mustang Mach-E emerges as a cornerstone of Ford's strategy in the EV market.