Ford remained the second top-selling EV brand in the US, behind only Tesla, after selling nearly 26,000 EVs in Q4. The F-150 Lightning was America’s best-selling electric truck in 2023, while the Mustang Mach-E had its best sales year yet.
Ford sold a record 25,937 electric vehicles in the last three months of 2023, up 24% over the third quarter.
The American automaker sold a total of 72,608 EVs in 2023 (+18% YOY), a new record. The growth was enough to remain the second top-selling EV brand behind Tesla.
After electric truck sales soared nearly 75% in Q4, Ford’s F-150 Lighting was the best-selling electric truck. Ford sold 11,905 Lightning models in Q4 for a total of 24,165 in 2023.
The Mustang Mach-E was the second best-selling electric SUV in the US, with 40,771 units sold last year, another record. Ford’s E-Transit was the best-selling electric van, with sales of 7,672 in 2023 (+18% YOY).
“I am especially proud Ford remained the No. 2 EV brand in America,” Ford’s CEO Jim Farley said.
Ford remains second in US EV sales amid record Q4
Ford edged out GM, which sold 19,469 EVs in Q4, down slightly from the previous quarter. GM ended production of its top-selling Bolt EV as it ramps production of its Ultium vehicles.
Hyundai, which doesn’t provide an exact breakdown, sold nearly 47,000 IONIQ 5 and IONIQ 6 EVs last year, a record of its own. However, these numbers don’t include the Kona electric. With Kia and the Kona EV included, Hyundai Motor Group likely topped Ford in EV sales last year.
As demand continues building for the Lightning electric truck, Ford spokesperson Martin Gunsberg told Electrek the company is “making adjustments to pricing, production, and trim packages.”
2024 Ford F-150 Lightning prices start at $54,995, $5K higher than last year’s base model. The entry-level 2024 F-150 Lightning Pro features up to 240 miles EPA-est range. Other trims, except the Platinum, saw increases between $2K (Lariat 320 mile range) and $7,500 (XLT 240 mile range).
The Platinum trim is the only model receiving a price cut. It will be $7,000 lower than last year’s model. The Platinum Black is $5,000 less than the 2023MY.
Ford added a new Flash trim with 320 miles range, a tech-oriented cabin, and a heat pump. It also comes with Ford’s Tow Tech package and Power Tailgate. Although it was initially expected to start under $70K, the new starting price is $73,495.
Gunsberg explained that the adjustments are to “achieve the optimal mix of sales growth, profitability, and customer access to the IRA tax benefit.”
Ford is also updating the 2023 Mustang Mach-E with $7,500 available in Red Carpet Lease Cash.
Electrek’s Take
Despite a record year, Ford is scaling back EV plans. Ford’s CFO, John Lawler, said Ford is “slowing down several investments,” including around $12 billion in EV spending.
Lawler added Ford is “changing the pace and flow” of capital and EV capacity put into place at the 2023 Barclays Global Automotive & Mobility Conference in November.
This includes reducing planned production at its Marshall plant by roughly half, cutting inverter and motor capacity, and scaling back on plans to integrate vertically.
Ford, like Toyota, is leaning into its hybrids amid rising EV competition. Ford’s hybrid sales outshined EVs, with over 37,000 sold in Q4. The automaker sold more than double the amount of hybrids (133,743) than EVs (61,575) last year.
EVs only accounted for 3.64% of Ford’s total vehicle sales. Meanwhile, hybrids accounted for 6.7%, leaving nearly 90% as gas-powered ICE vehicles.
Although Ford placed second in US EV sales, Tesla was first by a wide margin. Tesla delivered a record 484,507 EVs in the fourth quarter to beat its 1.8 million guidance for 2023.
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This is the place most people end up having a hard time with the exercise.
Utilizing an EZ bar—a shorter bar with a bit that zig-zags—provides areas to grip that can relieve discomfort in your wrists.
Its unique shape permits you to place your grip extra ergonomically.
You can learn extra about this in our article Does the Bench Press Work Your Triceps?
Elena Popadic has labored inside the fitness business for over
6 years, is co-host of the Squats and Ideas podcast and trains and competes as a powerlifter.
Additionally, including pauses at different factors in the raise can even add an additional challenge and exploit any weaknesses off the chest or at the sticking
level of the raise.
Attain above your chest to position your hands just inside shoulder width on the barbell.
But more muscle isn’t the only constructive influence this train can have.
It can also be used to develop strength that can enhance performance in different sports activities.
In addition, by following any of the advised tips, protocols, templates, activities or any other
info or advice given, you do so at your individual risk.
Do not begin any nutrition, well being, exercise or training program with out consulting with
a Board Licensed Medical Physician and/or Registered Dietician first.
This variation of the close-grip bench press is incredible for
growing lockout power. Make sure to maintain your elbows tucked-in close to
your body always. Keeping your elbows in closer may help with higher
tricep activation. It’s hard to debate an efficient
strength-building chest and triceps train like Close
Grip Bench with out mentioning Dips as an alternative.
To be considered a closegrip bench press,
the arms must be positioned nearer than your normal grip.
When compared to a wider grip, the slim grip bench press prompts more of your upper chest or pectoralis
main. One study indicated that the narrow grip
bench press provides greater activation of the triceps brachii because of the elevated elbow flexion. The incline variation provides higher
long head activation, while the flat variation focuses on total triceps
strength. The best strategy is to incorporate both exercises into your routine for a balanced and
complete triceps coaching program. The triceps are targeted by the shut grip bench press,
which is an upper physique advanced train. Utilizing
a narrow grip has been demonstrated to be an effective approach to
boost upper-body pushing power.
To ensure smooth muscle coordination throughout the entire range of motion, strive to
maintain a gradual and deliberate tempo. As A Substitute of rushing through the set, modify your tempo in such a method as to maintain good type and scale back the
chance of damage. The Svend press is very related to the close grip dumbbell press as
a result of it also includes urgent two weights collectively.
Nevertheless, instead of dumbbells, you use weight plates for this exercise.
By implementing the following tips, you can optimize your muscle
activation and obtain higher outcomes from the close-grip bench press.
Lower the bar to your upper chest while preserving
your elbows tucked at a few 45-degree angle.
The close-grip bench press occurs to be a good
exercise to help in coaching this portion of
a bench press.
The reduced emphasis on the pectoral muscle tissue permits for a more targeted focus on your triceps and
anterior deltoids. Nonetheless, the close grip nonetheless engages your internal chest muscle tissue,
serving to to develop your total chest appearance.
The regular bench press is just outdoors of shoulder width apart for most people.
An easy trick is to arrange a thumb length away from the start
of the tough threads on the bar. This standard bench press grip is often featured
throughout a chest exercise or push day as the massive compound exercise, sometimes
carried out as one of many first few workout routines in the
routine.
That’s why this exercise is so popular with powerlifters trying to enhance their bench press performance.
If you end up struggling to lock out your elbows throughout regular
bench presses, the close grip bench press might help.
Aside from boosting triceps development, the close
grip bench press also contributes to upper chest muscle growth.
According to a research, the shut grip variation stimulates higher chest muscle tissue more successfully than the standard bench press.
By incorporating this exercise into your coaching regime, you’ll gain a more balanced and aesthetic higher physique appearance.
We’re speaking about a bench press variation that’s accomplished with a detailed grip, not a sort of triceps extension.
In a Standard Bench Press, your arms are spaced wider aside, usually a bit beyond shoulder width, focusing the workout more in your chest muscles (pectoralis major) and fewer on your
triceps. You are going to arch your upper back and lower
the bar toward your sternum by bending your elbows. Try to do the reverse
grip only after you have lots of expertise in the traditional grip bench press.
If you need to add a special stimulus to your bench press energy and muscle-building
program, use the reverse grip.
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