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Ford Mustang Mach-E to lose EV tax credit

Electrek

If you are thinking about buying Ford’s electric Mustang Mach-E , you may want to do so before the end of the year. Ford expects the Mach-E will no longer qualify for the federal EV tax credit. more… The post Ford Mustang Mach-E to lose EV tax credit appeared first on Electrek.

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Lexus RZ range boost, tariff on China EVs, Ford and GM lose EV tax credit: Today’s Car News

Green Car Reports

EV tax credit qualification gets murky in the new year. An even higher tariff on Chinese EVs is being considered. And the Lexus RZ EV gets a lower-priced base model with more range. This and more, here at Green Car Reports. The 2024 Lexus RZ 300e adds more driving range to the only EV in the Toyota luxury brand’s U.S.

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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. While things have calmed down since then, we’re about to see more action on the topic, as the Treasury recently released new guidance on battery materials sourcing that will upend credits for some EVs.

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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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IRS invites consumers to comment on EV tax credit qualifications

Teslarati

The Internal Revenue Service (IRS) is inviting consumers to share comments on the electric vehicle tax credit qualifications. Some variants of the Tesla Model Y and the Ford Mustang Mach-E will not receive any incentives from the IRA at all, yet some vehicles that use fossil fuels will. Credit: IRS.

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

Teslarati

New rules for the U.S. electric vehicle (EV) tax credit have taken effect, significantly limiting the number of qualifying options in 2024. Tesla is one of many automakers that saw some of its vehicles excluded at the turn of the new year, and only a handful remain across the industry. What are your thoughts?

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F-150 Lightning prices, EV tax credit rules, Vermont EV incentive: Today’s Car News

Green Car Reports

Ford F-150 Lightning prices rise, again. And the IRS is moving fast on sourcing rules for the new EV tax credit. Ford has once again hiked the price of the Ford F-150 Lightning. Vermont will pay residents to retire gas-guzzlers and switch to EVs. This and more, here at Green Car Reports.

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