Ford F-150 Lightning makes the cut for full EV tax credit in 2024

On December 1, the U.S. Department of the Treasury issued guidance to limit Chinese battery parts in EVs eligible for electric vehicle tax credits. Those rules went into effect on January 1, and the changes impacted dozens of EVs previously eligible. In fact, 43 models qualified for the full $7,500 tax credit last year. Now, only 19 fit the bill. That includes two vehicles from Chevrolet (Bolt EV and EUV), Chrysler’s Pacifica plug-in hybrid (PHEV) minivan, an SUV and truck from Ford, two Jeep PHEV models, a Lincoln, Rivian’s SUV and truck, and three Teslas.

The rules…