Increases in Hybrid, EV Sales Boost Ford’s February Sales Numbers
Following several months of depressed electric vehicle demand, Ford Motor Co.’s alternative energy vehicle sales spiked in February as strong demand for battery electric vehicles and hybrids increased the automaker’s U.S. sales by 10.5%. The Dearborn, Michigan-based automaker’s hybrid vehicle sales jumped by 32% to 12,045 while its SUV sales went up by 22% to 76,403 units. Ford says the hybrid segment has enjoyed continued growth over the past year with sales expanding faster than the general U.S. auto industry. As with many other legacy automakers, Ford recently announced plans to scale back its ambitious electrification plans. While companies such…