They both turned in a solid year of electric-vehicle sales, growing faster than the overall U.S. EV market. Ford sold 30,176 all-electric cars in the fourth quarter, up about 16% year over. Mustang Mach-E sales led the way up 36%.

GM attributes much of its success to a 21% increase in fourth quarter sales, a 125% yearly increase in electric vehicle sales, and leading the industry in full-size truck sales. For a greater look into how Ford and GM stacked up against each other in 2024,