Ford Stock Surges on Strong EV and Hybrid Sales Trend

Ford’s February Sales Show Positive Growth for Electric and Hybrid Vehicles

Ford reported its February sales numbers for the U.S. on Monday, and the results were promising for the company’s electric and hybrid vehicles. The automaker sold a total of 174,192 units, representing a 10.5% increase compared to the previous year. Notably, sales of all-electric vehicles saw a significant surge, with a total of 6,368 units sold, reflecting an impressive 80% growth compared to the same period in 2023. Hybrid vehicle sales also experienced a notable uptick, reaching 12,045 units, which is approximately a 32% increase.