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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.

Ford 98
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U.S. EV buyers will get the $7,500 tax credit with a few catches

Teslarati

The United States Electric Vehicle Tax Credit is one of the most notable advantages of purchasing a battery-electric car. As Senator Deb Fischer of Nebraska said, “Everyday Americans are living paycheck to paycheck because of the sharp rise in costs due to #Bideninflation. The Infrastructure Bill has set aside $7.5

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Republicans call to add $1,000 tax on new EVs, end tax credit

Baua Electric

On Wednesday, Senator John Barrasso, of Wyoming, with a group of 14 Republican Senators signed on as co-sponsors of the bill, introduced legislation that could effectively end the EV tax credit. For that, it would take an act of Congress. And based on bills introduced this week, that act may be quite close.