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Ford trims F-150 Lightning price by up to $5,500 in latest effort to boost EV demand

Baua Electric

Ford is trimming prices on the 2024 F-150 Lightning by up to $5,500 as the American automaker looks to fend off incoming competition. Ford cuts 2024 F-150 Lightning price to fend off EV rivals Ford sold 20,233 electric vehicles in the first three months of 2024, surging 86% from last year. It now starts under $70,000.

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Hyundai IONIQ T10 emerges as a potential electric F-150 Lightning pickup rival

Baua Electric

A new trademark filing for an IONIQ T10 suggests Hyundai could be aiming for Ford’s F-150 Lightning. The upcoming IMA platform will be a “significant advancement” over its current E-GMP, covering more than mid-size SUVs. It will likely be bigger than Ford’s Ranger and closer in size to the F-150 Lightning.

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GM is giving a $7,500 incentive on EV models that lost tax credit eligibility

Baua Electric

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. GM to give $7,500 incentive for non-qualifying EVs Two weeks ago, GM said the new Chevy Blazer EV and Cadillac Lyriq would lose eligibility for the US EV tax credit at the beginning of 2024. Until then, GM will fill in the gap for buyers.

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Flash Drive: 2022 Ford F-150 Lightning

Clean Fleet Report

Ford says the all-new, all-electric 2022 F-150 Lighting is “the truck of the future.” Ford plans to lead in vehicle electrification by committing $22 billion to electrifying its cars, crossovers, SUVs and trucks through 2025. The Ford F-150 moves into a new era. F-150 Lightning Specifications.

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Here’s every electric vehicle that currently qualifies for the US federal tax credit in 2024

Baua Electric

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place. How much is the federal tax credit?

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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

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Here are all the used EVs that qualify for a $4,000 tax credit

Baua Electric

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.