Ford says EV sales will start to take off in the U.S. in 2021

For Ford, 2021 looks like the year that electric vehicle (EV) sales will truly begin to take off. The auto maker, which is set to launch its highly anticipated Mustang Mach E electric crossover , says the year will be pivotal in terms of EV sales in the U.S. “We’ve already seen some signals that indicate that we’re going to start to see a real acceleration of consumer adoption and pull for electric vehicles,” Ford CTO Ken Washington told Yahoo Finance during the all-virtual CES 2021.

According to a November report by Frost & Sullivan, U.S. EV sales were forecast to top out at 1.6 million vehicles in 2020, before reaching 7 million vehicles sold by 2025.

“I think what we’re going to see is the cost will continue to come down, and as governments make changes to policies…I think that’ll lead to an acceleration of the adoption that’s already happening in in Europe, where we’re seeing as many as one in 10 vehicles be an all-electric vehicle,” Washington said. “We think the acceleration is going to really begin…this year.” See The Full Article Below….

Electric car sales will start to take off in the U.S. in 2021, Ford CTO says

For Ford ( F), 2021 looks like the year that electric vehicle (EV) sales will truly begin to take off. The auto maker, which is set to launch its highly anticipated Mustang Mach E electric crossover, says the year will be pivotal in terms of EV sales in the U.S.

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