Exclusive: Ford reverses plan to claim EV tax credits, following GM
1. Ford cancels $7,500 EV lease tax credit program post-subsidy expiration. 2. This move could reduce EV leasing attractiveness for consumers.
FAQ
Why Bearish?
Ford's decision may deter potential EV customers, affecting sales. Previous subsidy cuts have led to weakened demand in the EV sector.
How important is it?
The change impacts consumer demand for Ford’s EVs significantly, indicating potential decreased revenue.
Why Short Term?
Consumer response to reduced incentives will be immediate. Historical trends show quick adjustments in EV sales following subsidy changes.