Ford Pro, Ernst & Young Partner to Help Customers Understand EV Tax Credits

Ford Pro, EY Partner to Help Customers with EV Tax Credits

Going electric can be challenging for business owners while navigating the intricacies of EV tax credits.

Ford Pro is expanding its one-stop shop for commercial customers with the announcement of a new program designed to help fleets understand Inflation Reduction Act (IRA) electric vehicle tax credits. Ford’s commercial division is working with professional services firm Ernst & Young LLP (EY US) to help provide customers with information on potentially valuable tax credits and incentives designed to make electric vehicle adoption more affordable.

Under the IRA, commercial customers may qualify for potential electric vehicle tax credits of up to $7,500 per EV purchased. Ford vehicles that may qualify for IRA tax credits include the 2023 E-Transit van and 2023 F-150 Lightning pickup, as well as the 2023 Mustang Mach-E SUV and 2023 Escape plug-in hybrid. Businesses that purchase and install Ford Pro Charging equipment may also qualify for IRA tax credits.

“Businesses tell us they want to better understand incentives to adopt EVs, including charging, especially as it pertains to the U.S. Inflation Reduction Act,” said Ted Cannis, Ford Pro CEO. “This is another way we’re expanding Ford Pro’s one-stop services to help commercial customers simplify and potentially lower the total cost of owning and operating their fleets.”

The complimentary service is open to all Ford commercial customers who have been assigned a Ford Fleet Identification Number (FIN). Customers who qualify for a FIN include those with fleets of 15 vehicles or more, or customers who are currently purchasing five vehicles.

This information is available at no cost to eligible Ford Pro commercial customers and includes a one-time, 30-minute session. Helping provide clarity on IRA tax incentives is one more way Ford Pro is serving commercial customers – alongside vehicles, software, services, charging and financing solutions. 

To learn more about the potential benefits of the IRA and schedule an appointment, visit fordpro.com.

You May Also Like

AAM to Supply e-Beam Axles for Future Stellantis EV

The future program will feature both front and rear e-Beam axles that include AAM’s integrated 3-in-1 e-Drive technology.

American Axle & Manufacturing Holdings (AAM), a global Tier 1 automotive supplier of driveline and metal forming technologies, has secured a new contract to supply electric beam (e-Beam) axles for a future electric vehicle program with Stellantis.  

The future program is expected to begin production in the latter part of the decade, and will feature both front and rear e-Beam axles that include AAM's integrated 3-in-1 e-Drive technology.

Albemarle, Ford Form Strategic EV Production Agreement

Albemarle will supply 100,000+ metric tons of battery-grade lithium hydroxide for about 3 million future Ford EV batteries.

Hankook Tire Gauge Index: Consumer EV Demand Heats Up

Americans are showing more interest in EVs, driven by interest in tech and efficiency.

STEER, Lightning eMotors Upgrade Commercial EVs to Autonomous

The collaboration explores autonomous functionality options for Lightning’s medium-duty commercial vehicle product line.

Mitchell Report Highlights Increase in EV Collision Claims

The report shows both the U.S. and Canada saw a rise in repairable claims frequency in the first quarter of 2023.

Other Posts

A Look at the NA Commercial Truck Aftermarket in 2023

John Blodgett, VP of sales and marketing with MacKay & Co., answers key questions on this market segment.

Blink Charging Commissions 1st Battery Storage, DCFC Charger

New battery energy storage unit will lead to reduction in demand charges and energy costs for EV drivers and hosts.

Hyliion Achieves ISO 9001 Certification

The company has achieved ISO 9001-2015 certification for its Quality Management Systems at its Cedar Park, Texas, facility.

Continental Tire Upgrades Test Tracks for EVs

Continental expanded its EV charging infrastructure at three company-owned test sites in Sweden, Germany and the U.S.