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Ford is the fastest-growing auto brand in Saudi Arabia ahead of upcoming overseas EV push

Baua Electric

The American automaker is growing in key regions, including the United Arab Emirates, Kuwait, Bahrain, Qatar, and Saudi Arabia. The company highlighted its new lineup of vehicles , including its first fully electric vehicle, the Mustang Mach-E. Ford will compete with incoming rivals like BYD to gain market share.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Nevertheless, China, Europe and the United States also represent around two-thirds of total car sales and stocks, meaning that the EV transition in these markets has major repercussions in terms of global trends. Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised.