article thumbnail

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

Teslarati

” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits. “The purchase of the BEV Lease is to aid in our goal of delivering carbon neutrality by 2050 by controlling the vehicle battery through its life, keeping it in the Ford network.”

Ford 97
article thumbnail

Mullen’s electric trucks earn CARB certification, qualifying for over $45k in customer savings

Baua Electric

Mullen also points out that combined with the $7,500 federal tax credit , commercial customers can purchase a new THREE electric truck at a net cost below $20,000. starting at a suggested MSRP of $68,500. However, only the commercial customers in those 14 CARB-compliant states plus D.C.

article thumbnail

What a month for EVs!

Plug in America

In January, Plug In America outlined our 2021 federal policy priorities , including calling for President Biden to set a goal of putting a plug on every new car and truck by the end of this decade. They asked Biden to phase out the sale of any gas-powered vehicles by 2035 , which would be a bold step in the fight against climate change.

article thumbnail

Gas War: U.S. House Suggests Ending California Emissions Authority, White House Says Nope

The Truth About Cars

The industry will have to comply with California’s emissions laws if it hopes to sell within the United States, with the federal government still capable of funding the shift by adding new corporate incentives and indefinitely prolonging an EV tax credit scheme that was originally supposed to expire.