Michael Wayland, CNBC »
Ford Motor said Friday that it has achieved CEO Jim Farley’s goal of becoming the second best-selling automaker of electric vehicles in the U.S.
The Detroit automaker, citing third-party industry data, narrowly topped Hyundai/Kia to hit the goal. Tesla
remains the industry leader by a wide margin, but has been losing market share as more EVs enter the market.
Ford said its share of the electric vehicle segment was 7.4% through November, up from 5.7% a year earlier.
Ford reported sales of 53,752 all-electric vehicles in the U.S. through November. Tesla, which does not break out domestic results, reported global deliveries of more than 908,000 EVs through the third quarter.