Ford, Stellantis says new rules will cut EV tax credits for most models

said on Wednesday that most of its electric and plug-in electric hybrid models will see tax credits halved to $3,750 on April 18 after new U.S. Treasury rules take effect.

Stellantis said of its three plug-in hybrid electric models, its Chrysler Pacifica plug-in electric hybrid will qualify for $7,500 tax credits after April 18, while the Jeep Grand Cherokee 4xe and Jeep Wrangler 4xe qualify for just $3,750. said last week it expects some electric vehicles will qualify for the $7,500 tax credit after the new guidance takes effect including the Cadillac Lyriq and the forthcoming Chevrolet Equinox EV SUV and Blazer EV SUV.

End all EV tax credits.

Build back better🤡🤡🤡

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Ford says new rules will cut EV tax credit in half for most modelsFord Motor Co said on Wednesday that four of its six electric and plug-in electric hybrid models will see tax credits halved to $3,750 on April 18 after new U.S. Treasury rules take effect. Most of us can’t afford these to begin with… or with interest, any new vehicle. 🤷🏼‍♂️💩 Another change for the worse
Source: Reuters - 🏆 2. / 97 Read more »