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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. While things have calmed down since then, we’re about to see more action on the topic, as the Treasury recently released new guidance on battery materials sourcing that will upend credits for some EVs.

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VinFast Announces New U.S. Dealers Across Several States

The Truth About Cars

dealer network , giving it stores in several new areas and growing its footprint to 18 dealerships in seven states. VinFast added 12 stores, with new dealerships in Connecticut and Kentucky, five new locations in Florida, and four in Texas. The company recently announced an expansion to its U.S.

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Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

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. ” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits. Ford confirmed to CarsDirect that its communication was legitimate.

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10 Reasons Your Next Car Should Be an EV

Plug in America

According to an analysis from Environmental Defense Fund, states like Tennessee, Michigan, Ohio, Indiana, Kentucky, Kansas, and North and South Carolina are big winners in manufacturing investment. EVs are Eligible for Federal, State, and Utility Incentives The Inflation Reduction Act extended and expanded federal tax incentives for EVs.