How many EV tax credits does Ford have left under current law?

[Diabolical!]

I know that many of us are hoping for the new $12,500 tax credit legislation to pass, but for this topic, I'm only interested in how many tax credits Ford has remaining under the current $7,500 law. I tried using google to find my answer, but the most recent data I could find was from June 2020. At that time, it seems that Ford had about 76,000 tax credits remaining before they ran out. Given that Mach-E's seem to be flying off of dealer lots and there are already over 100,000 preorders for the Lightning, it seems like a lot of people will not be able to take advantage of the credits if the tax law pertaining to them ultimately does not change. Anyone have any insight?

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[Brian Head Yankee]

It ends 6 months after they hit the max number. It has been discussed here that anyone that gets a 22 model will be able to get the full credit. Beyond that, who knows.

 

[astricklin]

https://www.fueleconomy.gov/feg/taxevb.shtml

 

[Diabolical!]

https://www.fueleconomy.gov/feg/taxevb.shtml

No information on this site (that I can find) regarding how many vehicles can be sold before the manufacturer is no longer eligible.

 

[astricklin]

No information on this site (that I can find) regarding how many vehicles can be sold before the manufacturer is no longer eligible.

Once they report to the EPA that they have hit the 200,000 mark, this will update with dates for the phase out. There is no vehicle number limit under the phase out.
Right now it is anyone's guess as to when this will be as Ford can time deliveries to alter exactly when they deliver #200,000. I would imagine that they will want to time that deliver to be at the beginning of a quarter so that they will have the most time possible to deliver vehicles under the full credit.

This page is linked from that previous one and give a breakdown of sales per quarter.

https://www.irs.gov/businesses/irc-30d-plug-in-electric-drive-motor-vehicle-credit-quarterly-sales

 

[Sundancer330]

If Biden wants his Green New Deal to work he will have to extend this or its going to flop without the credits.

 

[Blainestang]

If Biden wants his Green New Deal to work he will have to extend this or its going to flop without the credits.

The Lightning Pro SR is *much* cheaper than a comparable gas F-150.

The Lightning XLT SR is basically the same price as a comparable gas F-150, but much cheaper to operate.

If you go with the big battery or fancier trims the differential increases, but I think they'd be able to sell enough to max out production for a while, even without the tax credit.

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