EV Tax Credits Reduced for Ford and Stellantis Models in 2023.

1 min read
Source: Jalopnik
EV Tax Credits Reduced for Ford and Stellantis Models in 2023.
Photo: Jalopnik
TL;DR Summary

Some Ford and Stellantis EV models will still be eligible for federal tax credits, despite the new battery sourcing rules that take effect on April 18. Ford's F-150 Lightning and Lincoln Aviator Grand Touring will still qualify for a $7,500 credit, while other models will see credits drop to $3,750. Stellantis' Chrysler Pacifica plug-in electric hybrid will qualify for $7,500 tax credits, while the Jeep Grand Cherokee 4xe and Jeep Wrangler 4xe qualify for just $3,750. Silicon Valley-based company Sila has finalized a mass manufacturing process for the first silicon-based anodes, which will immediately boost maximum vehicle ranges by 20 percent. Analysts doubt that synthetic fuels will ever make a meaningful contribution to the industry achieving carbon neutrality.

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