Several car makers reported a slump in electric vehicle (EV) sales in the United States in October—the first month without a federal tax credit.
Dearborn, Michigan-based Ford on Nov. 3 reported that its October EV sales plummeted nearly 60 percent from September, to just 4,709 units, while hybrid vehicle sales held steady at 17,498 units.
The company sold 1,543 Lighting electric half-ton trucks in October, down by 61 percent from September’s 3,957 units. Meanwhile, it sold 2,906 all-electric Mustang Mach-Es, a 62 percent decrease from the 7,643 units sold in September.
Ford on Oct. 1 reported record EV sales for the third quarter, driven in part by the sale of 11,712 electric vehicles and 17,591 hybrid vehicles in September, as buyers scrambled to take advantage of the $7,500 New Clean Vehicle Credit before it expired on Sept. 30….