- Production of Ford’s all-electric Mustang Mach-E is outpacing the traditional gas model.
- The company reported that 27,816 Mach-E’s have been made, compared with 26,089 traditional Mustangs.
- Production of the gas version was suspended in May due to the worldwide shortage of semiconductors.
- See more stories on Insider’s business page.
More electric Mustangs have been made in 2021 than gasoline-powered ones, Ford reported Thursday.
Numbers from the automaker show that 27,816 Mach-Es have been produced so far, outpacing the 26,089 traditional Mustangs, due largely to suspended operations at the company’s plant in Flat Rock, Michigan.
The automaker cited the worldwide shortage of semiconductor chips in its decision to cut production at several facilities in Michigan, Illinois, and Kansas.
Chief Executive Officer Jim Farley previously said Ford is prioritizing the chips it does have for the production of its new Mach-E and Bronco models, according to Bloomberg.
“If we can switch a module over to one of those launch vehicles, we have. We’re very protective of the launches because they are so important for our business,” Farley said.
Ford’s sales data show that it sold 1,945 Mach-Es May for a total of 10,510 this year, and that the cars are spending an average of just 10 days on dealers’ lots.
“Mach-E has been much stronger than we expected, so we’ve totally run out of stock,” Farley said at the launch of the new electric F-150 pickup truck in May, and last week he revealed Ford’s plan to spend $30 billion on the production of battery-powered models, Bloomberg reported.
Even with the lapse in production, Ford says gas-powered Mustangs still outsold the EV version with 4,436 in May and 29,264 for the year, or about three gas cars per EV. The company also says reservations for the forthcoming F-150 Lightning have topped 70,000 so far.
By comparison, Tesla reported that it delivered nearly 185,000 cars in the first quarter of 2021.