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Ford to increase production of Mustang Mach-E in 2023, cut prices across the board

Green Car Congress

With its new EV supply chain coming online, Ford says it is significantly increasing production of the Mustang Mach-E this year to help reduce customer wait times and to take advantage of streamlined costs to reduce prices across the board, making Mustang Mach-E even more accessible to customers and keeping it competitive in the marketplace.

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F-150 Lightning tax credit will remain $7,500 after April 18, Ford says

Green Car Reports

Ford on Wednesday confirmed that the F-150 Lightning electric pickup truck and Lincoln Aviator Grand Touring plug-in hybrid SUV will be eligible for the full $7,500 federal tax credit going forward, while all of its other current EVs and plug-in hybrids will be eligible for smaller amounts. Treasury.

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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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Ford doubles down on EVs despite heavy losses in Q1

Teslarati

Ford is doubling down on electric vehicles (EVs) despite the fact that its Model e unit reported heavy losses in the first quarter. Ford’s EV unit, called the Model e, reported plunged revenues of up to 84% to nearly $100 million in the first quarters. billion in losses, before interest and taxes (EBIT) were accounted.

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Ford re-opens order books for Mach-E; higher range, lower pricing; all standard range models with LFP packs

Green Car Congress

Ford is re-opening its order banks for the all-electric Mustang Mach-E as completed plant upgrades support production ramp in the second half of 2023, with feature improvements including increased range for standard range battery models to a targeted EPA-estimated range of 250 miles for RWD and 226 miles for eAWD. Earlier post.)

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

Teslarati

electric vehicle (EV) tax credit have taken effect, significantly limiting the number of qualifying options in 2024. Despite the list of qualifying EVs getting shorter , the 2024 guidance also lets sellers offer the rebate at the point of sale , rather than buyers being forced to wait until doing their taxes. New rules for the U.S.

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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.