EV Magazine January 2023 | Page 90

TOP TEN
A POPULAR CHOICE FOR COMMERCIAL

TOP TEN

A POPULAR CHOICE FOR COMMERCIAL

# 9

FORD MOTOR GROUP

The company that pioneered cost-effective mass production , Ford Motor Group made an announcement in 2022 for muchneeded innovation in battery capacity . The firm expects its EV compound annual growth rate to reach 90 % through 2026 — which is more than double the predicted growth in the global industry . As one of the top choices for commercial vehicles , Ford has seen significant growth of its EV range as the Mustang Mach-E continues to fulfil a high demand . When it comes to electric delivery vans , the E-Transit was received by its first customer in early-2022 , and was the best-selling option of the year , reaching 4,387 sales through September-2022 .
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90 [ Jan 2023 ] EVMAGAZINE . COM