Ford Electric-Vehicle Sales Sink After Key Tax Credit Ends

Ford Motor’s F 0.85%increase; green up pointing triangle electric vehicle sales continued to sink in November, as the company weighs scrapping the electric version of its F-150 truck following the expiration of a federal tax credit for electric vehicles.

The Dearborn, Mich., carmaker said Tuesday that it sold 164,925 vehicles in the U.S. last month, down 0.9% from the previous year. EV sales tumbled 61% to 4,247, while hybrid vehicle sales gained 14% to 16,301.