Ford Electric-Vehicle Sales Sink After Key Tax Credit Ends

Dow Jones
Yesterday

By Connor Hart

 

Ford's electric vehicle sales continued to sink in November, as the company weighs scrapping the electric version of its F-150 truck following the expiration of a federal tax credit for electric vehicles.

The Dearborn, Mich., car maker said Tuesday that it sold 164,925 vehicles in the U.S. last month, down 0.9% from the previous year. EV sales tumbled 61% to 4,247, while hybrid vehicle sales gained 14% to 16,301.

Ford executives are in active discussions about scrapping the electric version of its F-150 pickup, The Wall Street Journal reported last month. Sales of the model have fallen far short of expectations as American truck buyers skipped the electric version of the top-selling truck, and the company has racked up about $13 billion in EV losses since 2023.

EV sales took an additional hit after President Trump's tax law signed in July set a Sept. 30 expiration to a key federal tax credit for electric vehicles.

In November, Ford's truck sales were largely flat at 96,696. Sales of sport-utility vehicles sank 4.9%, to 64,022, while car sales jumped 79%, to 4,207.

Ford Escape sales fell 32%, while Bronco sales slipped 4.1%. The declines were partially offset by Explorer sales, which jumped 42%.

 

Write to Connor Hart at connor.hart@wsj.com

 

(END) Dow Jones Newswires

December 02, 2025 09:55 ET (14:55 GMT)

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