article thumbnail

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 says, “you do not have the option to purchase the vehicle at the end of the lease term.” battery production.”

Ford 98
article thumbnail

Rivian is prioritizing its Amazon delivery vans over R1T production: report

Teslarati

Amazon gets the right of first refusal to purchase the vans for two years after that point. . In a statement to the publication, Ross Gale, a New Jersey-based car collector and business owner, noted that the Launch Green Rivian R1T he ordered last November is an exciting vehicle.

article thumbnail

This Dutch City Is Road-Testing Vehicle-to-Grid Tech

Cars That Think

Volkswagen , Nissan , and Hyundai have moved to produce the kinds of cars that can use such bidirectional chargers—alongside similar vehicle-to- home technology , whereby your car can power your house, say, during a blackout, as promoted by Ford with its new F-150 Lightning. Their research partnership ran for four years.

Grid 89
article thumbnail

EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

Federal EV Tax Credit To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car. Federal EV Tax Credits for Plug-in Electric and Fuel Cell Electric Vehicles Purchased in 2023 or After April 18, 2023.