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EV Tax Credit Changes: Ford Mustang Mach-E Unlikely to Qualify in 2024

The Truth About Cars

Earlier this year, the rules around EV tax credits seemed to be changing every other week. The Ford Mustang Mach-E is one of them, as it may lose the partial credit it currently qualifies for. The Ford Mustang Mach-E is one of them, as it may lose the partial credit it currently qualifies for.

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The Honda Prologue Gets Major Boost with Federal Tax Credit Eligibility

The Truth About Cars

The automaker recently announced that its upcoming Prologue EV would be eligible for federal tax credits of $7,500, meaning buyers can get around 15 percent off the SUV’s purchase price at the point of sale. Tax credits bring the Prologue’s starting price down to $41,295 after a $1,395 destination charge.

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Ford's EV Business is Becoming a Real Drag

The Truth About Cars

Ford and the UAW have reached a tentative agreement that will end the strike at some locations, but the automaker is looking at lower profits and a challenging road ahead with electrification. Ford said it would delay some of the planned EV investments after seeing less demand and more price pressure than expected. It lost $1.3

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Live Blog: Tesla (TSLA) 2021 Annual Meeting of Stockholders

Teslarati

Thanks once more for staying with us for this Live Blog. 15:14 PT – Elon proposes the carbon tax. Can there be a carbon tax, what the hell?” He argues that Ford and GM have both made efforts to improve their human capital management. Credit: Tesla/YouTube. 15:51 PT – And that’s a wrap! Now signing off!

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Get Ford F-150 Raptor Power for Much Less Coin

The Truth About Cars

The Ford F-150 Raptor R is a seriously impressive truck with an equally serious price tag that puts it out of reach for most buyers. An Alabama Ford dealer has a solution , however, in the form of a base F-150 XL with a Roush supercharger and other upgrades. Image: Town and Country Ford via Facebook] Become a& TTAC insider.

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Ford Slashing F-150 Lightning Production and Laying Off Most of the People Building It

The Truth About Cars

After facing significant challenges ramping up production and meeting customer demand for the F-150 Lightning, Ford recently announced layoffs that will drastically cut volume at its electric vehicle factory in Michigan. Even with tax credits for some models, many EVs are significantly more expensive than their gas-powered counterparts.

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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! First, the easy part: How do I claim the $7,500 EV tax credit?