Last week, Ford Pro announced 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 to 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 company said 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. Customers receive a one-time, 30-minute session.