Ford’s rising EV sales contribute to bigger market share

Published January 5, 2023

By: Buddy Doyle

Source: True Republican

Ford Motor Company’s sales were up in December as a 223% spike in electric vehicle sales helped expand market share in 2022 for the second-largest U.S. automaker.

Company sales of electric vehicles more than doubled last year, with 61,575 vehicles sold making Ford the second-largest builder of electric vehicles behind Elon Musk’s Tesla while helping expand Ford’s overall share of the market by 0.7 percentage points in 2022, according to a company report on Thursday. Conquesting sales were over 60%, also helping the automaker expand market share.

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