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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 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.

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Electric Vehicle Adoption Divide Mapped

The Truth About Cars

Power looked into the latter issue, hoping to identify purchasing trends around the United States. Those states are California, Colorado, Massachusetts, Washington, Oregon and Maryland. Four of those 10 — California, Colorado, Massachusetts and Maryland — are among the states with the highest EV adoption rates.

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A Guide to Massachusetts EV Rebate Programs

EV Connect

These two programs promise to lower prices for many EV buyers, make it more affordable for businesses to convert their fleets to electric cars and expand the nation’s EV charging infrastructure. And the good news is, the tax incentives in the IRA and NEVI programs aren’t the only ones available to Americans.

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Top Factors Affecting EV Adoption

EV Connect

Drivers want a safe, affordable and comfortable way to get from A to B. Cost (and Cost Comparison) A recent study showed 67% of would-be purchasers claim cost is a primary concern. Incentives and restrictions The extension of the light-duty EV tax credit through 2032 locks in generous savings for consumers in the short term.

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Electric Vehicle Spotlight: Financing Tesla Cybertruck 

EV Life

Available EV Incentives Federal Tax Credit. The Inflation Reduction Act of 2022 outlined a federal EV tax credit of up to $7,500 for qualified drivers looking to purchase an EV. Colorado Electric Vehicle Tax Credit. Massachusetts Offers Rebates for Electric Vehicles.

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The EV Transition Explained: Local Policies Shape Global Competition

Cars That Think

Carlos Tavares California, as does nearly every state , has a wide range of incentives for purchasing EVs and installing chargers. Massachusetts, for example, has set a goal of at least 750,000 to 1 million EVs on the road by 2030; it currently has some 51,000, of which 31,000 are battery electric. Where is the clean energy?

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

The Truth About Cars

The truth is that electric vehicles aren't a reliable option for everyone, nor are they affordable. Those who want an electric vehicle and can afford it have every right to purchase one. People shouldn't be compelled to purchase them. People with electric vehicles couldn't charge them to evacuate or heat their homes.