Ford F-150 Lightning, Mustang Mach-E, and E-Transit eligible for tax credits in 2023

5 April 2023, 13:15:08

Following the release of additional guidance from the U.S. Treasury Department, Ford Motor Company has confirmed that all three of its currently available popular electric vehicles, as well as its plug-in hybrids, are eligible for Inflation Reduction Act federal tax credits in 2023. The available BEVs by Ford are:

Ford F-150 Lightning - USD 7,500 credit
Ford Mustnag Mach-E - USD 3,750 credit
Ford E-Transit - USD 3,750 credit

For any eligible customers who take delivery of a Ford EV prior to April 18, the eligibility amount will be $7,500. All of these consumer incentives require the vehicle MSRP be at or below $80,000, and that the purchaser must meet certain income limits. Every one of these vehicles is assembled in North America, which is another requirement for the consumer tax incentive. As an alternative to the consumer incentive, commercial customers are eligible for commercial tax incentives of as much as $7,500 on all these vehicles.

News related to Ford, E-Transit, Mustang Mach-E or F-150

Ford has extended its EV offering again, bringing back a fan favorite - the Ford Capri. A classic sports coupe loved by families across Europe has been reborn for an electric generation, with a new look, still in keeping with its iconic design features, but now with a modern purpose. Ford has partnered with French football legend Eric Cantona to lead the reveal of the new Capri, seen fronting the company's launch of...

10 July 2024

The electric Mustang Mach-E model lineup continues to expand with a new Bronze Appearance Package available exclusively on the 2024 Mustang Mach-E GT. This latest offering encourages personalization synonymous with the Mustang brand. The 2024 Mustang Mach-E GT Bronze Appearance Package features: Striking 20-inch Sinister Bronze painted aluminum wheels Eye-catching Mustang “Mach-E 4X” door badges and rear GT Badge...

19 January 2024

Korean news agency Yonhap reports that LG Energy Solution, Ford, and Koç Holding scrap plans to build an EV battery JV in Türkiye. Earlier this year, on February 22, the three companies signed a non-binding Memorandum of Understanding (MoU) to form a new joint venture to create one of Europe's largest commercial electric vehicle battery cell facilities near Ankara, Türkiye. The agreement was subject to final...

13 November 2023

The Elec reports that Ford has hired a former VP at Samsung SDI to develop EV batteries in its joint venture with SK On - Blue Oval SK. According to The Elec's sources, the company has appointed Kim Sung-hoon. He has experience and expertise in developing large batteries, manufacturing technologies such as stacking of battery materials, and production lines for them. It is expected that he will focus on battery...

8 November 2023

Ford F-150 Lightning Flash debuts today - a tech-forward offering that brings together most of the current customers' favorite features for $69,995. The F-150 Lightning Flash expands on the XLT model line by adding in-demand tech capabilities, including an extended-range battery, which has a targeted EPA-estimated range of 320 miles, available Ford BlueCruise v1.2 hands-free highway driving, and a standard 15.5-inch...

3 October 2023

SK On announced it will establish a cathode manufacturing facility in Canada with global major automaker Ford Motor and cathode producer EcoPro BM as they joined a move to strengthen a value chain covering from key battery materials to electric vehicles (EVs). Cathode is a core material determining the performance of an EV battery. The three companies announced that the cathode plant will be built on the 278,000...

24 August 2023

The Ford Cologne Electric Vehicle Center officially opens following a $2 billion investment to transform the historic plant, first founded in 1930. This hi-tech production facility in Germany will build Ford's new generation of electric passenger vehicles for millions of European customers. Designed to be highly efficient, the 125-hectare site is equipped with a brand-new production line, battery assembly, and...

14 June 2023

Ford Motor Company said today it reached an agreement with Tesla Motors that will provide Ford electric vehicle customers access to more than 12,000 Tesla Superchargers across the U.S. and Canada, doubling the number of fast-chargers available to Ford EV customers starting Spring 2024. A Tesla-developed adapter will provide Ford F-150 Lightning, Mustang Mach-E and E-Transit vehicles fitted with the Combined Charging...

26 May 2023

Ford Motor Company has signed deals with three companies for lithium hydroxide supply. These are Albemarle, Nemaska Lithium, and SQM. Albemarle will supply more than 100,000 metric tons of battery-grade lithium hydroxide for approximately 3 million future Ford EV batteries. The five-year supply agreement starts in 2026 and continues through 2030. In addition to the lithium hydroxide supply, Albemarle and Ford will...

23 May 2023

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

3 May 2023

Ford announced that F-150 Lightning is going global for the first time with entry into Norway, the world's most advanced electric vehicle market. Following impassioned consumer demand, Norwegian customers can apply to purchase a limited number of special F-150 Lightning Lariat Launch Edition vehicles. In the USA market there are two LARIAT trims - F-150 Lightning Lariat Standard Range (510A) and F-150 Lightning...

20 April 2023

Ford Motor Company is investing C$1.8 billion in its Oakville Assembly Complex to transform it into a high-volume hub of electric vehicle manufacturing in Canada – a key part of the company’s plan to scale production of electric vehicles and make them more accessible to millions of customers. The campus, to be renamed Oakville Electric Vehicle Complex, will begin to retool and modernize in the second quarter of 2024...

12 April 2023

Ford’s EV sales grew 41% in the first quarter on sales of 10,866 electric vehicles. F-150 Lightning sales totaled 4,291 pickups with production capacity actions on track to hit an annual production run rate of 150,000 this year. Sales by Ford Pro of the E-Transit, America’s best-selling electric van last year, climbed 62.7%. Reflecting downtime at the plant for changes to increase production, Mustang Mach-E sales...

5 April 2023

Ford is on track with construction at the BlueOval City mega-campus and poised to usher in a new era of American innovation and manufacturing. The electric vehicle and battery manufacturing campus in West Tennessee begins production in 2025 and will be home to Ford’s second-generation electric truck, code-named Project T3. The site will be capable of producing 500,000 EV trucks a year at full production capacity...

27 March 2023