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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 informed dealers in a letter that it was discontinuing the end-of-lease purchase option for the E-Transit van, Mustang Mach-E, and F-150 Lightning.

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Electric Vehicle Adoption Divide Mapped

The Truth About Cars

Those states are California, Colorado, Massachusetts, Washington, Oregon and Maryland. Ford’s F-150 Lightning starts above $50,000, whereas its gasoline equivalent starts at $35,830 with shipping included. That's why Tesla reducing pricing to gain market share is so critical and is pulling that affordability score up," she said.

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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. More on this below.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Several after-market companies have done PHEV conversions of the Ford Escape hybrid and one has done a retrofit of the F-150 pickup -- see Where PHEVs Are and ICE-Conversions.) First Escape PHEV delivered to SCE Nov 2007; 20 in 2008-2009. Shifted earlier focus to all-electric Focus in 2011 with Magna.

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