Lower pricing due to softening demand helped April electric vehicle sales at Ford more than double, even as the automaker was shifting resources away from the money-losing unit. Despite the reasons behind the pricing, Freedom Capital Markets auto analyst Michael Ward said Ford's nearly 130% jump in battery electric vehicle sales last month should be viewed as a positive.
Ford Mustang Mach-E and F-150 Lightning on display at the New York International Auto Show on March 28, 2024.
Source: Energy Industry News (energyindustrynews.net)
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