Ford Electric-Vehicle Sales Sink After Key Tax Credit Ends

Dow Jones
2025/12/02

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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