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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

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Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

As of June 15, 2022, Ford will no longer offer the opportunity to purchase its three all-electric vehicles, the F-150 Lightning, Mustang Mach-E, and E-Transit Van, for new leases. Ford says, “you do not have the option to purchase the vehicle at the end of the lease term.” battery production.”

Ford 98
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NTSB Head Raises Concerns on the Aftermath of Collision Between EVs & Lighter Vehicles 

Get Electric Vehicle

  Jennifer Homendy, the head of NTSB highlighted the matter in a speech to the Transportation Research Board in Washington. ” Homendy pointed out that Ford’s F-150 Lightning EV pickup is 2,000 to 3,000 pounds (900 to 1,350 kg) heavier than the combustion version of the same model.