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Ford adding hybrid F-150 & Mustang, PHEV Transit, new BEV SUV by 2020; $700M for Flat Rock for EV production; cancels $1.6B Mexico plant

Green Car Congress

Ford detailed seven of the 13 new global electrified vehicles it plans to introduce in the next five years, including hybrid versions of the iconic F-150 pickup and Mustang in the US, a plug-in hybrid (PHEV) Transit Custom van in Europe and a fully electric SUV with an expected range of at least 300 miles (483 km) for customers globally.

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These are the EVs that still qualify for the $7,500 tax credit in 2024

Teslarati

The IRS offers a $7,500 tax credit to select EVs, including both battery-electric vehicles (BEVs) and plugin hybrid electric vehicles (PHEVs), and a reduced $3,750 credit. Interestingly, one PHEV still qualifies for the full tax credit, while others are eligible for the reduced credit.

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Tesla, VW and several other EVs that qualify for the new 2023 US EV tax credit

Teslarati

The full list is as follows: 2023 Audi Q5 TFSI e Quattro (PHEV). 2022-2023 Ford Escape Plug-In Hybrid. 2022-2023 Ford F-150 Lightning. 2022, 2023 Chrysler Pacifica PHEV. 2022 Volvo S60 (PHEV). The full list is as follows: 2023 Audi Q5 TFSI e Quattro (PHEV). 2022-2023 Ford Escape Plug-In Hybrid.

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Ford ups its electrified vehicle ante to $11B; 86% trucks and SUVs in the product mix by 2020

Green Car Congress

That money will go toward: Next-Gen Hybrid Electrics: Part of Ford’s new strategy includes going all-in on hybrids to bring more capability to customers of our most popular and high-volume vehicles like F-150, Mustang, Explorer, Escape and Bronco. 2019: Ranger returns to midsize truck segment; new F-Series Super Duty debuts.

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81% of EVs Sold in 2023 Still Qualify for the Federal EV Tax Credit

EV Life

4 2023 $7,500 $80,000 Personalize Incentives Five of the top ten best-selling EVs of 2022 qualify for the federal tax credit, including the Ford F-150 Lightning, Chevy Bolt EV, Ford Mustang Mach-E, Tesla Model 3, and Tesla Model Y (though the standard Model 3 and Ford Mustang Mach-E are only eligible for half of the tax credit).

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Which EVs Still Qualify for Federal Tax Credits?

The Truth About Cars

But it’s kind of a clunky interface so we’re just going to list them here for you.

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What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

EV Adoption

4, Hyundai IONIQ 5, Audi Q4 e-tron, Toyota RAV4 Prime PHEV, Ford Escape PHEV, and Lincoln Corsair PHEV have either become available or likely will be in 2021. Most all of these new EVs are arguably more compelling, albeit more expensive than the Bolt EV and EUV. GM’s EV Sales Since 2010.

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