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Ford boosting production targets for full-size SUVs by about 25%; increasing line speed at Kentucky Truck Plant

Green Car Congress

Ford is increasing production of two popular full-size SUVs to meet increasing retail demand for both models. The company is increasing line speed at its Kentucky Truck Plant to build more Lincoln Navigator and Ford Expedition SUVs, boosting production targets approximately 25% since last fall when the SUVs hit the market.

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

Baua Electric

Per the IRS: Beginning January 1, 2023, if you buy a qualified previously owned electric vehicle (EV) or fuel cell vehicle (FCV) from a licensed dealer for $25,000 or less, you may be eligible for a previously owned clean vehicle tax credit under Internal Revenue Code Section 25E. As long as they fit certain criteria.

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The redesigned federal EV tax credit and other EV-related measures

Charged EVs

It also appears that auto dealers may be able to convert the credit into a cash-on-the-hood discount for their customers. The tax credits will now be available only for sedans priced at $55,000 or less, and for pickups, vans or SUVs at $80,000 or less. The existing cap of 200,000 EVs sold per automaker has been eliminated.