Ford Pro, EY Partner to Help Customers with 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. 

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