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Colorado Electric Vehicle Tax Credit Rises to $5,000

EV Life

The bill puts forth several measures aimed at advancing decarbonization in the state, including tax credits for industrial facilities to implement emission-reducing improvements, new spending for geothermal energy projects and geothermal electricity generation, the construction of sustainable aviation fuel production facilities, and more.

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Ford re-opens order books for Mach-E; higher range, lower pricing; all standard range models with LFP packs

Green Car Congress

Ford is re-opening its order banks for the all-electric Mustang Mach-E as completed plant upgrades support production ramp in the second half of 2023, with feature improvements including increased range for standard range battery models to a targeted EPA-estimated range of 250 miles for RWD and 226 miles for eAWD. Earlier post.)

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Proposed Federal EV Tax Credit Reform: Will It Move the Sales Needle?

EV Adoption

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit.

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Ford considers growing EV supply chain in Kentucky

Teslarati

Ford is considering growing its electric vehicle (EV) supply chain in Kentucky. “Ford Motor Company is considering Shelby County for a small, specialized high-tech component manufacturing operation. Ford’s car parts factory in Shelbyville would likely contribute to the automaker’s growing supply chain in Kentucky.

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Electric Vehicle Spotlight: Financing a Ford F-150 Lightning

EV Life

The debut in 2021 of the all-electric version of America’s most popular pickup truck, the Ford F-150 Lightning , marked a major shift in the truck landscape. Since then, Ford has continued to introduce improvements to its popular all-electric truck, even winning MotorTrend’s Truck of the Year in 2023.

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Report: Almost Half of America's New EV Sales Are Leases

The Truth About Cars

The rules around federal EV tax credits changed at the beginning of this year, making it more difficult for vehicles to qualify. Even so, buyers can get around the rules by leasing an EV, which opens the door to the full $7,500 credit regardless of the model. Financed EVs declined to 34.7 are leased. It shows that 48.7

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Ford rolls out incentives for 2023 Mustang Mach-E

Teslarati

Ford has rolled out a number of discounts and incentives for select models of the Mustang Mach-E, its all-electric crossover. The perks, which include low-interest financing and Bonus Cash, are exclusive to 2023 model year vehicles. Ford also has retail offers for LA, with 2.9% APR financing for 60 months.

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