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EV Pickup! Ford is Betting Lightning Can Strike Twice

Two giant questions lurking the floors of the Dearborn Glass House are: When Ford builds it next year in 2022 will they come; Can Ford build a complicated new technology vehicle without a series of recalls, glitches and bugs that have been standard equipment on previous high-technology launches including the current generation Explorer? (See AutoInformed* below) Another unknown is EV tax credits. The maximum Federal tax credit is $7,500 for any vehicle no matter the cost. It ceases for automakers at 200,000 total EVs sold. Both General Motors and Tesla have hit the subsidy wall and currently do not qualify for the $7,500 tax credit. The Biden Administration could change this. Continue reading

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