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Ford also hasn't sold that many EVs (yet), so it's still eligible for the US $7500 federal tax rebate (unlike Tesla). (BTW: It seems like such an arbitrary and
by mceachen 5y ago
Ford also hasn't sold that many EVs (yet), so it's still eligible for the US $7500 federal tax rebate (unlike Tesla).
(BTW: It seems like such an arbitrary and ultimately bad decision to cap rebates by manufacturer. Rebate caps for expensive luxury cars? Sure. But penalize a manufacturer for making _too many_ of the thing you're incentivizing doesn't seem right).
- jaywalk 5y agoYou're not penalizing anybody, you're adding a temporary incentive to get the manufacturer up to speed. Once they're selling enough, they don't need to incentivize people to buy them.
- fma 5y agoSince the rebate is per manufacturer you are penalizing the first movers. Meaning, Tesla and GM's electric vehicles are $7500 costlier than Ford because they exhausted their rebates early on. The cap should have been for the entire country so that companies like Ford can't sit back years before rolling out with an EV and gain a second movers advantage now that the tech is mature.
- bryanlarsen 5y agoFord has already sold over 100,000 EV's, and if they can't sell 100,000 Mach-E's in the next 12 months then they're doing something wrong. So by the time the F-150 becomes available their credit should be in the wind-down phase. Another likely scenario is that Biden gets his infrastructure bill through and the credit becomes available to all US-manufactured EV's.
- zip1234 5y agoThe Mach-E is a great vehicle. The only thing that may hold it back is high price tag, but tax credits will help.
- syshum 5y agoThe inflation that the infrastructure bill cause will make the credit pointless
- jsight 5y agoAs far as I know, Ford is capacity constrained to the point that they will only be able to ship ~50k Mach-E's this year. Not only that, but the phaseout process for rebates is VERY slow. Its likely they will still have at least some rebates until some time in 2023, even without a change in the law.
- bhauer 5y ago> if they can't sell 100,000 Mach-E's in the next 12 months then they're doing something wrong. Specifically, the thing they are doing wrong is not having enough capacity to make 100K Mach-Es this year. It's not that demand isn't there, but rather the supply can't meet demand. Same problem Tesla has, just in smaller numbers on the Ford side for the time being.