First quarter figures are officially in and General Motors (NYSE:GM) is now ahead of Ford Motor (NYSE:F) in the EV race, as it earned the title of US’ second best-seller of all-electric-vehicles.

First Quarter Figures

During the first three months of the year, GM said it sold 20,670 EVs while Ford sold only 10,866 over the same time frame. Although both are planning to overtake Tesla in EV sales in the coming years, they are still far behind with Tesla also planning an expansion to produce 20 million EVs by the end of the decade. Although Tesla does not report sales by region, Motor Intelligence estimates that it sold 161,630 EVs in the U.S. during the first quarter.

Ford’s Drop

From second place, Ford has dropped to fifth place, and it is now behind U.S. Hyundai Motor and Volkswagen AG (OTC:VWAGY). However, Ford is ramping up production as it expects to expand annual production of F-150 Lightning at a Michigan plant to 150,000 this year.

Outlook

On Monday, GM confirmed it plans to build 50,000 electric vehicles during the first half of the year and twice as many during the remainder of the year. Ford is aiming for a global annual production capacity of 2 million by 2026 while GM promised to hit that target in 2025.

The Craze For Electric Pickups

All in all, 2023 promises to be an exciting year on the EV front with many new developments and power shifts between contenders.