This week has been a rollercoaster ride for the auto industry, with significant developments in the electric vehicle (EV) sector. From plunging EV sales for Ford Motor to a CFO change at Lucid Group, the week was packed with action. Here’s a quick recap of the top stories.
Ford’s EV Sales Take A Hit
Ford’s EV sales took a significant hit in Q2, with a 41% YoY decline. The company sold 9,746 EVs in the U.S., a stark contrast to the 16,438 units sold in Q2 2025. The Mustang Mach-E and the F-150 Lightning EV Pickup truck also saw a decline in sales. Ford’s total sales for the quarter were 522,811 units, a 10% drop from last year.
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Lucid Group’s CFO Change
