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EV tax credit details, F-150 Lightning prices up, Hummer EV, Jeep Magneto and Recon: Today’s Car News

admin by admin
March 31, 2023
in Electric Car


F-150 Lightning prices rise again, GMC teases an overlanding version of the Hummer EV, and Jeep provides another glimpse of what it takes to make a Wrangler EV. And tax-credit details released this morning make April 18 the day credits fall away for many EVs. This and more, here at Green Car Reports. 

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With guidance for rules on critical minerals requirements issued Friday and due to be enacted April 18, the number of credit-qualifying EVs will drop significantly, and the amount many existing models qualify for will drop from $7,500 to $3,750. But with the inclusion of free trade partners, under a loose definition, materials from Japan and South Korea, among many nations, will be included. 

Ford has again raised prices on the base F-150 Lightning electric pickup and some models farther up the lineup. That leaves the base Pro version of this truck nearly 50% higher than it initially amounted to less than a year ago. 

GMC teased yesterday that an upcoming Hummer EV SUV overlanding concept will embrace off-the-grid adventuring with a rooftop solar panel and more. 

Jeep has revealed the Wrangler-based Magneto 3.0 EV concept, and it points ahead toward the Wrangler-inspired Jeep Recon EV due for North America next year. 

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