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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 Slashing F-150 Lightning Production and Laying Off Most of the People Building It

The Truth About Cars

After facing significant challenges ramping up production and meeting customer demand for the F-150 Lightning, Ford recently announced layoffs that will drastically cut volume at its electric vehicle factory in Michigan. Image: Ford] Become a& TTAC& insider.

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Ford's EV Business is Becoming a Real Drag

The Truth About Cars

Ford and the UAW have reached a tentative agreement that will end the strike at some locations, but the automaker is looking at lower profits and a challenging road ahead with electrification. Ford said it would delay some of the planned EV investments after seeing less demand and more price pressure than expected. It lost $1.3

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Live Blog: Tesla (TSLA) 2021 Annual Meeting of Stockholders

Teslarati

Topics that will be discussed by the company remain to be seen, though questions submitted to Say , an Investor Relations platform, include inquiries about a potential stock split, Cybertruck production, dividends, and 4680 cell production. Thanks once more for staying with us for this Live Blog. Credit: Tesla/YouTube.

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Which EVs Still Qualify for Federal Tax Credits?

The Truth About Cars

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. But it basically comes down to whether or not they can qualify for the two $3,750 credits. or in a country where the U.S.

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Ford Scales Back Michigan Battery Plant Investments

The Truth About Cars

Ford has said it will restart construction on the electric vehicle battery facility it’s building in Marshall, Michigan, after pausing work when the UAW strike kicked off a couple months ago. From Ford: While we remain bullish on our long-term strategy for electric vehicles, we are re-timing and resizing some investments.

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No Hybrid Ford Explorer or Lincoln Aviator for the 2024 Model Year

The Truth About Cars

It looks like the Ford Explorer and Lincoln Aviator are dumping their hybrid trims for the 2024 model year. While the company’s reasoning isn’t entirely clear, Car and Driver reported the Blue Oval had cited high demand for the hybrid version of the Explorer-based Police Interceptor Utility, along with demand for other Ford hybrids.

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