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Ford, Tesla gains Push electric car sales : Business

Ford Motor Co.’s expansion of hybrid and plug-in models and demand for Tesla Motors Inc.’s luxury battery sedans helped electric-drive cars and trucks grow faster in the U.S. in the first half than even surging pickup trucks.

U.S. sales of hybrid, plug-in hybrid and battery-only autos rose at least 23 percent to more than 287,000, based on data compiled by Bloomberg. Deliveries of more lucrative full-size pickups climbed 22 percent, according to Autodata Corp.

“The number of entries in the segment continues to grow, so as a buyer you don’t have to make a compromise to get what you want,” Alan Baum, principal of Baum & Associates, said in a phone interview from West Bloomfield, Mich. “Ford is obviously increasing sales, but what’s more important is they’re now a serious player in this space.”



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