Introducing EV Pickup Trucks, New Price Limits for Trucks and Vans
In addition to the new Rebate Hold system announced yesterday, we have added the Ford F-150 Lightning to the list of Eligible Vehicles for EV rebates. In addition, we are increasing the price caps for EV trucks and vans. The price limits below include standard and long-range versions of the Ford F-150 Lightning and E-Transit, but exclude the top trim levels of the vehicles.
Eligible vehicles should have a price of no more than the levels listed below, where the price is defined as MSRP minus destination/delivery charges, and no other discounts, deductions, credits or rebates are to be counted in the eligibility determination calculation:
a. $73k, in the case of an eligible pickup truck or commercial van with an EPA-rated range of 300 miles or more;
b. $65k, in the case of an eligible pickup truck or commercial van with an EPA-rated range of less than 300 miles; or
c. $50k, for all other eligible vehicles.
Please see the latest version of the EV Rebate Program Manual for full details. In particular, see section 6.3 “New Vehicle Eligibility”.