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Although Ford set a new monthly EV sales record in November, demand for the electric F-150 Lightning pickup continued falling. Luckily, higher Mustang Mach-E and E-Transit sales carried the weight.

Ford EV sales reach new record in November 2024

The automaker sold 166,373 vehicles in the US last month, up 14% year over year and its best November sales month since the pandemic.

Ford set a new monthly EV sales record with 10,821 all-electric models sold in November, up 21%. Despite the record-setting performance, Ford sold fewer F-150 Lightning electric pickups than last November.

F-150 Lightning sales fell 17% from 4,393 in November 2023 to 3,643 last month. Through the first 11 months of the year, Ford Lightning sales are still up 39% at over 28,300. Meanwhile, Ford’s other two all-electric models boosted the growth.

With another 5,938 Mustang Mach-Es sold last month, Ford’s electric crossover SUV remains a top seller in the US.

Through November, Ford has sold nearly 45,000 Mach-E models, 25% more than the roughly 36,000 handed over last year. Ford’s electric van saw significantly higher sales, with 1,240 E-Transit vans sold last month, up 358% from November 2023.

Ford-EV-sales-November
2025 Ford Mustang Mach-E (Source: Ford)

Despite the growth, Ford’s stock was down on Wednesday following its November sales release. Shares of Ford Motor (NYSE: F) are down 6% in 2024.

Keeping up with the competition

Ford’s record EV sales come as several rivals also reported higher demand for electric models. Kia and Hyundai both set new November sales records as new EVs, like the 2025 IONIQ 5 and three-row EV9, gain momentum.

Honda is another brand to keep an eye on in the US electric vehicle market. Despite delivering the first models in March, Honda has sold over 25,000 Prologue electric SUVs in the US. With over 6,800 Prologue models sold in November, Honda’s electric SUV even outpaced the Mustang Mach-E.

Ford-EV-sales-November
2024 Ford F-150 Lightning Flash (Source: Ford)

Ford’s electric pickup is also facing stiff competition from the Tesla Cybertruck, Chevy Silverado EV, and GMC Sierra Denali EV hitting the market.

To keep up with the competition, Ford is offering significant incentives on its EV models to close out the year with several discount programs. Ford is offering 0% interest for 72 months and $5,000 in Bonus Cash.

Lease bonuses are even better, with up to $10,500 off the 2024 Mustang Mach-E and $6,500 off the F-150 Lightning.

Ford-EV-sales-November
Ford Mustang Mach-E (left) and F-150 Lightning (right) (Source: Ford)

Through its “Ford Power Promise,” the company is also giving EV buyers a free Level 2 home charger and covering the cost of installation. Ford is also providing free 24/7 live support and an 8-year/ 100,000-mile battery warranty.

Ready to take advantage of the savings? They may not last long. You can use our links below to view offers on the Ford F-150 Lightning and Mustang Mach-E in your area.

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610 hp for just $33,085 – China raises the bar with Chery Exeed VX C-DM

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610 hp for just ,085 – China raises the bar with Chery Exeed VX C-DM

In case you needed another reason to feel jealous of Chinese car enthusiasts, the Chery Exeed VX C-DM three-row SUV is officially available for pre-order with 610 hp, 1,300 km (over 800 miles) of EREV range, and a starting price of $33,085 US.

State-owned Chinese automaker Chery recently launched the Exeed luxury brand, with its latest model, the Exeed VX C-DM plugin, making its international debut in Saudi Arabia February 23. At the same time, Chery opened the order books on the Exeed in China under the Exeed Lanyue C-DM name. And it is, in a word: impressive.

It’s really nice, you guys

Exeed VX; via Chery.
Exeed VX; via Chery.

Dubbed “the land business jet” on Exeed’s website, the Exeed VX C-DM pairs a 1.5L range-extending ICE motor with a three-speed DHT gearbox that integrates with a 165 kW e-motor. A second 175 kW electric motor sits in the rear axle, giving the big, seven-passenger SUV a combined peak power output of 455 kW (about 610 hp) and 920 Nm (nearly 680 lb-ft) of torque. That’s enough to rocket the big SUV from 0-60 mph in less than 5.0 seconds.

On the EV side of the ERVE equation, the Exeed VX C-DM packs a super-safe CATL NMC battery pack good for 180 km (about 112 miles) of CLTC range in electric mode – a far cry from the twenty-or-thirty-odd miles you’d get out of a conceptually similar Mazda CX-90 PHEV or Jeep Grand Cherokee 4xe.

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It’s nice inside, too

In addition to that power and performance Exeed VX C-DM buyers also get a high-end interior with quilted leather, massaging front seats, slick infotainment screens, panoramic glass roof, a 23-speaker Lion Melody sound system, and LED mood lighting. That high-tech interior sets the stage for more high-tech baubles, like 26 ADAS functions that include self-driving features, an SDG system to reduce collisions, a 540-degree (?) camera for easy parking.

That ADA system combines with a “high-performance integrated cage body” and 10 driver and passenger airbags to deliver a 5 Star C-NCAP crash test rating.

And, yes – al that goodness starts at the equivalent of just 239,900 yuan ($33,085 US) in China.

Eat your heart out.

Electrek’s Take

Exeed VX; via Chery.

We can talk about tariff this and trade war that all day long. The real message here, however, is that China is objectively, unequivocally, and obviously years ahead of the US when it comes to American EVs in terms of manufacturing efficiency, battery and charging technology, and value. And, for as long as they have a system that takes the burden of pensions and healthcare and other basics of life off the manufacturer (and we don’t) they’ll probably keep pulling ahead.

Head on down to the comments and tell me convince me otherwise.

SOURCE | IMAGES: Chery Exeed, via CarNewsChina.

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TSLA gets hammered, Mercedes set to ditch EQ, and big van news

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TSLA gets hammered, Mercedes set to ditch EQ, and big van news

With revenue tumbling almost as fast as market share, Tesla stock is taking a pounding – exactly like CEO Elon Musk predicted! We’ve also got FSD rolling out in China, a German automation acquisition, and more on today’s red candlestick edition of Quick Charge!

We’ve also got some clarifying news at Mercedes-Benz, which is set to ditch its confusing EQ-based model alphanumerics and (God willing) their suppository-based styling language, too. Plus, Rivian launches a new upfit service to make it easier for fleet managers to order ready-to-work EVs, Ram ProMaster EV lives up to its promises with more options and a lower price tag, and a big solar deal goes down.

Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple PodcastsSpotifyTuneIn, and our RSS feed for Overcast and other podcast players.

New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.

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Got news? Let us know!
Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show.

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Lennox’s new extreme cold heat pump operates at as low as -20F

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Lennox's new extreme cold heat pump operates at as low as -20F

Lennox Residential HVAC has launched an extreme cold climate heat pump that warms a house with low global warming potential (GWP) refrigerant in temperatures as low as -20F.

It’s called the Dave Lennox Signature® Collection SL22KLV Cold Climate Heat Pump, and Lennox claims its efficiency levels are 150% higher at colder temperatures than standard heat pumps.

In 2022, Lennox was the first company to complete the first phase of the US Department of Energy’s (DOE) Residential Cold Climate Heat Pump (CCHP) Technology Challenge, and the SL22KLV is a souped up version of the unit developed for that challenge.

The heat pump, which pairs with a smart thermostat, uses a variable-speed compressor with Electronic Refrigerant Injection (ERI) to adjust the energy usage based on the outside temperature, which helps to lower energy costs. When the temperature drops, the ERI increases heating output efficiently.

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The SL22KLV has efficiency ratings of up to 21.10 for Seasonal Energy Efficiency Ratio 2 (SEER2), 13.2 for Energy Efficiency Ratio 2 (EER2), and 10.50 for Heating Seasonal Performance Factor 2 (HSPF2). It also features a precision-balanced, direct-drive fan and sound-dampening system for ultra-quiet operation as low as 58 decibels.

The heating capacity is between 21,600 Btuh and 60,000 Btuh, and the cooling capacity is between 22,000 Btuh and 56,000 Btuh.

Lennox’s new extreme cold heat pump uses the low global warming potential R-454B refrigerant, reducing environmental impact without compromising performance. It’s also eligible for the Energy Efficient Home Improvement Credit, a federal IRA tax credit for homeowners (and it’s still in place). There may also be other local utility and state incentives for installing a heat pump, so it’s definitely worth checking. It’s now available for order through local Lennox dealers.

Read more: Seriously good cold-climate heat pumps are headed to the US market


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