The Mach-E sold 2,848 units in October, its third-best month ever, and Ford says it's on track to deliver 50,000 vehicles by the end of the year. To get there, Ford unleashed its Mustang Mach-E on the world earlier this year, and to date has 21,703 units of the EV crossover, making it the second best-selling full-electric SUV behind Tesla's Model Y.
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This 100-plus-year-old company has said it will invest $30 billion in its electrified fleet by 2025, with its Ford+ initiative anticipating that 40% of the entire fleet it produces in 2030 will be all-electric.Īlthough that's not as great as General Motors, which forecasts its entire fleet will be all-electric by 2035, one seems much more achievable than the other, or at least can be realized with the fewest errors. The electric vehicle revolution has changed that, and while Tesla rightly attracts a large share of the industry headlines (it's also one of the most talked about Reddit stocks), Ford is shaping up to be a major player in the space.
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