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As the global transport sector continues to electrify mobility, Ford Motor Company reported a surge in EV sales amidst a slight overall drop in vehicle sales. Explore the key figures and trends driving Ford’s EV market growth, signaling promising developments for the company’s electrification strategy.

Ford’s EV Momentum

The American automaker reported 179,588 new vehicle sales in April, which reflects a slight decrease of 2.4% year-over-year. However, in the first four months of the year, Ford recorded 687,671 vehicle sales, marking a 4.2% increase compared to the same period last year.

Despite the overall softer performance compared to the previous year, Ford’s sales of electric vehicles (EVs) notably surged.

In April, Ford achieved a notable increase in EV sales, with 8,019 units sold, representing a remarkable 129% growth from the previous year. This surge in EV sales is promising for the company’s performance in the second quarter. 

Ford all electric vehicle sales in US

Additionally, the proportion of EVs out of Ford’s total sales volume increased significantly, reaching 4.7%, up from 2.0% a year ago.

Ford all EV sales US percent

All three of Ford’s EV models contributed to this growth. The company sold 4,893 units of the Mustang Mach-E (up 205% year-over-year), 2,090 units of the F-150 Lightning (up 57% year-over-year), and 1,036 units of the E-Transit (up 86% year-over-year).

In the U.S. market, Ford has sold over 28,000 all-electric vehicles so far this year, marking a substantial 97% increase from the previous year. These EV sales constitute about 4.3% of Ford’s total sales volume.

Looking ahead, Ford aims to reach 100,000 units of EV sales this year. The company anticipates further growth, particularly in the sales of the F-150 Lightning, despite a slower start in 2024 compared to expectations. Ford recently resumed shipping the 2024 model year of the F-150 Lightning after a hiatus of over two months, accompanied by new pricing adjustments.

In April, the Ford Mustang Mach-E sales reached 4,893 units, reflecting a significant 205% increase from the previous year. However, production levels of the Mach-E in Mexico have decreased compared to last year, possibly due to supply outpacing demand.

The Ford E-Transit van also experienced robust sales growth in April, with 1,036 units sold, marking an 86% increase year-over-year. However, Ford does not disclose sales figures for other plug-in models, such as the Ford Escape PHEV, and Lincoln’s PHEV sales data remains undisclosed as well.

Powering the EV Surge

Same with other automakers, Ford’s EV surge rely on a critical mineral hailed as “white gold” – lithium. Lithium is a key component in the batteries that power EVs.

According to a report by S&P Global, lithium prices saw a slight increase in March. This uptick can be attributed to several factors, including production cuts, auction outcomes, and a more positive outlook regarding demand for traction batteries.

Many lithium producers have highlighted the challenge of accurately predicting the prices they will receive for their products during their fourth-quarter 2023 earnings calls. In response to changing market conditions, the world’s largest lithium producers adjusted or modified their investment strategies.

Nevertheless, strategic investments aimed at securing future lithium supply are on the rise, with major automakers and lithium producers committing over $1 billion in 2023 alone.

For example, GM invested $650 million in Lithium Americas, while Albemarle allocated $110 million to lithium developer Patriot Battery Metals. Projections say this trend will persist as companies strive to ensure their access to raw materials for EV batteries.

Securing Lithium for Global EV Expansion

As EV penetration expands worldwide, the demand for lithium is projected to surpass supply, particularly as EVs become mainstream. 

Though analysts note that growth in the EV market has been tapering off, it’s essential to maintain perspective. In 2021, EV sales more than doubled, experiencing a remarkable growth rate of nearly 120%.

In 2022, electric vehicle (EV) sales surged by almost 60%. Although this growth rate decelerated in 2023, the year still witnessed a remarkable 35% increase in global electric car sales.

global EV sales 2016-2023

The German luxury carmaker, Mercedes-Benz, recently revealed its all-electric truck, the G-Wagon. Meanwhile, the EV giant, Tesla, reported a dip in its profits with lower vehicle sales, but production targets remain strong. 

Batteries constitute a substantial portion of EV costs, presenting an opportunity for EV makers to either boost profits per vehicle sold or, more likely, reduce prices to stay competitive as competitors do the same. Lower prices typically attract more buyers, leading to increased demand for lithium.

Ford’s recent sales report reveals a mixed performance in overall vehicle sales but shows a significant surge in EV sales, signaling promising growth while underlining Ford’s commitment to electric mobility that aligns with broader EV market trends.

As Ford targets 100,000 units of EV sales this year, strategic investments in securing future lithium supply and the global expansion of EV penetration are pivotal. 

The post Ford’s EV Sales in U.S. Surge by Over 200% appeared first on Carbon Credits.

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Carbon Footprint

The Strategic Case for Nature-Based Carbon Investments

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Nature-based carbon investments deserve consideration when they address a specific business dependency and produce outcomes you can measure. Imagine Moonbucks, a global coffee roaster planning next season’s espresso blend. It is considering natural Grade 4 coffee from Jimma, in southwestern Oromia, Ethiopia. Its sourcing decisions affect the roasting schedule and the cash tied up in coffee purchases. Moonbucks needs to understand which measures could protect that supply, what they would cost and how it would judge the results.

1. Define the sourcing problem before choosing a project

Moonbucks needs a dependable component for its espresso blend. Its procurement team wants continuity of volume and an agreed cup profile. Replacing a shipment at short notice could require new sample approval and changes to the blend, and given the schedules for cultivation, processing, and freight delivery, is practically impossible. Moonbucks needs to get this right, and its initial concern is inconsistent deliveries. It commissions an assessment of the supplying farms and post-harvest chain. The questions cover land condition, harvest availability and whether drying or storage problems are affecting saleable lots.

This distinction changes the investment brief. A tree-planting proposal cannot be assumed to fix drying problems. Better storage cannot restore eroded land. The team must establish which problem exists before selecting the response.

CCC’s guide to finding nature-based solutions in your supply chain explains where to look. Here, the next task is to turn a broad concern into a testable proposal.

2. Develop nature-based carbon investments around the actual supply chain

The assessment would trace Moonbucks’ purchases back through the exporter and supplying producer groups. Which farms supply the contracted lots? Who controls land-management decisions? How long does the buyer expect to maintain the purchasing relationship?

Furthermore, Jimma natural Grade 4 cannot be treated as interchangeable with every Ethiopian coffee. Moonbucks would need to test any substitute against its own blend and quality requirements.

Suppose Moonbucks’ assessment identifies an opportunity to maintain shade trees and restore vegetation along exposed streambanks. The IPCC describes agroforestry as a way to store carbon in vegetation and soil, with potential benefits for erosion control and water quality.1 Moonbucks would need local advice on species, growing conditions and maintenance before deciding how these measures fit its sourcing plan.

The proposal now has a defined sourcing connection and a candidate intervention. The next steps are to test its effect on production, assess carbon eligibility and build the financial case.

3. Compare the proposal with other ways to protect supply

WBCSD’s Nature-based Solutions Blueprint recommends comparing nature-based options with other responses across their benefits and costs.2 For Moonbucks, that means evaluating the landscape proposal alongside drying improvements, storage controls and alternative sourcing arrangements.

The product’s natural-process designation matters. Moonbucks should examine the drying and dry-milling chain alongside land conditions. Its team would check storage practices, contamination risks and incoming-lot quality to see whether problems arise before or after the coffee leaves the farms.

The revised proposal might combine land stewardship with separate post-harvest controls. Each component needs its own purpose and budget. A sustainability label should not obscure which activity is expected to solve which problem.

The project develops as the evidence improves. Its scope should follow the diagnosis rather than preserve the first idea unchanged.

4. Establish what the carbon outcome could count toward

Moonbucks’ sustainability team now tests the proposed carbon case separately from the sourcing case. Is the objective a measurable change in Moonbucks’ value-chain emissions, verified credits for separate voluntary use, or distinct outcomes under carefully defined arrangements?

Scope 3 covers value-chain emissions. A purchasing relationship alone does not prove that a farm intervention can be included in Moonbucks’ inventory. The team needs an applicable accounting method, defensible boundaries and evidence supporting attribution.

SBTi’s FLAG Guidance (forest, land and agriculture), version 1.2, says purchased credits used as offsets cannot meet near-term FLAG or energy and industry targets. Eligible land-based removals are subject to accounting requirements.3 Moonbucks needs to test its proposal against those rules before including an outcome in its targets.

For Moonbucks’ Jimma proposal, maintaining existing trees and establishing new vegetation could involve different carbon questions. Specialists must examine the baseline and additionality, meaning what changes because the project proceeds. They must also assess measurement and the risk that stored carbon is lost. CCC’s MRV and additionality article introduces those tests.

Until that work is complete, Moonbucks should not budget an assumed Scope 3 reduction or credit-sale receipt. Direct emissions reductions remain the priority.

5. Build a financial case that survives weaker assumptions

Moonbucks’ finance team would now build a multi-year budget. UNEP’s State of Finance for Nature 2023 compares current finance with the investment needed to meet climate, biodiversity and land-restoration goals.4 The company would cost its proposed activities, farmer participation and ongoing monitoring. Verification, where required, is a separate expense. Maintenance and responsibility for replacing failed plantings must remain visible after the initial establishment budget ends.

Operational benefits need equally careful treatment. If fewer rejected lots reduce emergency purchasing, count that saving once. Do not add “supply resilience” as another financial benefit when it represents the same avoided cost.

Moonbucks should compare a base case with slower benefits, higher implementation costs and no carbon revenue. It should also distinguish production outcomes from quality and shipment outcomes. A single good harvest would not prove that the landscape intervention caused better delivery performance.

A project can remain worth funding even when its carbon case needs more work. That decision must rest on the operational evidence and the company’s objectives, without unsupported environmental claims.

6. Fund a pilot with a clear expansion decision

Moonbucks’ first approval would fund a bounded pilot, rather than commit the entire sourcing program. Before spending, Moonbucks would agree on participating farms, responsibilities and the evidence needed at review.

Its scorecard could track farmer participation, implementation costs and plant survival, alongside accepted coffee volumes and lot-quality results. Carbon measurements would follow the selected method. Farm-level traceability must connect the intervention to the actual sourcing relationship.

Suppose Moonbucks’ review later finds that storage changes explain most quality improvements, while the land measures need longer observation. Those findings would shape the next decision: expand the proven component, adjust the landscape work or pause further spending. They would not justify crediting all improvements to tree planting.

This gives nature-based carbon investments a practical place in a multi-year strategy. Funding increases as the evidence supports it, and the project can change direction before a larger commitment.

Discuss a sourcing opportunity with CCC

Carbon Credit Capital’s nature-based supply-chain investment service uses its Dual-Value Model to examine supply-chain economics alongside potential sustainability outcomes.

Schedule a consultation to discuss your sourcing exposure and the questions to resolve before allocating capital.

Sources

  1. Intergovernmental Panel on Climate Change (IPCC), Climate Change 2022: Mitigation of Climate Change, Chapter 7, Agriculture, Forestry and Other Land Uses, section 7.4.3.3 (Agroforestry).
  2. World Business Council for Sustainable Development (WBCSD), Nature-based Solutions Blueprint, 5 June 2024.
  3. Science Based Targets initiative (SBTi), Forest, Land and Agriculture Science-Based Target-Setting Guidance, version 1.2, March 2026, section 3.1.4, pp. 37–38.
  4. United Nations Environment Programme (UNEP), State of Finance for Nature 2023, 2023.
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Carbon Footprint

How to buy plastic credits, and what to check before you do

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A plastic credit funds the collection of plastic waste in places where no formal system exists to collect it. Each credit represents a measured, independently audited quantity of plastic taken out of the environment or returned to use, tracked on a public registry.

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Carbon Footprint

EU carbon credit claims after 27 September 2026

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EU carbon credit claims changed on 27 September 2026, the day the Directive (EU) 2024/825 began to apply across the European Union. The change is narrow. It changes how a company can talk about the credits it buys. A product can no longer be called neutral on the strength of compensation alone; however, every specific, evidenced statement about what a company measured, reduced, and funded stays fully available.

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