PHEVs are no longer a no-brainer vs. hybrids

2022 Ford Escape Plug-In HybridPlug-in hybrids are a great way to adapt to the electric-car future without having to rely on it, cold turkey. Those considering plug-in hybrid models this year have a number of better product choices than in previous years—with longer electric range, better drivability and additional off-road capability. Yet suddenly, far fewer of them are...

EV tax credit rules on American sourcing will get fast-tracked by IRS

2022 Chevrolet Bolt EUV and EV production startsThe Internal Revenue Service (IRS) and U.S. Treasury Department are seeking public comment on draft rules for the revised federal EV tax credit, indicating these rules could be on the fast track to finalization. "We are trying to do this expeditiously," John Podesta, senior White House advisor overseeing energy guidance, told Bloomberg and other...

2023 Ford F-150 Lightning Pro costs $12,100 more than 2022

2022 Ford F-150 Lightning ProThe Ford F-150 Lightning has already been given a price hike for the 2023 model year—in this case, applying only to base, fleet-oriented Lightning Pro models. The base Lightning Pro now has a $51,974 base price, along with a $1,795 destination charge. Ford originally priced the F-150 Lightning Pro at $39,974—or $41,669 with the $1,695...