Ford’s F-150 Leaves Tough Choices for Buyers Seeking Tax Credits

Americans love a Ford pickup truck; it’s one of the few constants of the car business. So it was a huge win on Tuesday when Ford’s F-150 Lightning became one of just 10 vehicles to qualify for the full $7,500 in tax breaks laid out by the US Inflation Reduction Act. Dozens of other electric cars and trucks didn’t make the cut, either because they aren’t manufactured in the US or don’t use American parts and pieces.

The tax credits also only apply to new EVs with a sticker price below $55,000, or trucks and SUVs priced under $80,000. ...