Ford Could Run Out Of EV Tax Credits Before End Of 2022

According to the data shared by the IRS, Ford sold 3,387 qualifying vehicles in 2012. By the following year, the cumulative number had grown to a total of 18,169 vehicles, thanks to the introduction of the Focus Electric. The 2010s also saw the arrival of vehicles like the C-Max Energi and Fusion Energi, and in 2017, Ford had sold a total of 103,231 vehicles that qualified for the credit. That number grew at a rate of fewer than 10,000 vehicles per year, with 126,641 total vehicle sales reported in 2020. But by 2021, that number jumped to 159,588 with the arrival of the Mustang Mach-E, a jump of almost 33,000 vehicles.

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The post Ford Could Run Out Of EV Tax Credits Before End Of 2022 appeared first on WorldNewsEra.

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