Federal EV Tax Credit

What Changes Are Coming to Federal EV Incentives, and How Could They Impact Your Ford Purchase in Irving?

If you’re considering a Ford electric vehicle, it’s important to stay ahead of upcoming federal changes. The Clean Vehicle Credit, offering up to $7,500, is set to expire on September 30, 2025, unless extended. A separate credit for installing a home EV charger will end on June 30, 2026.

 

These deadlines affect affordability and access. Buyers in Irving should act now to secure available incentives while they’re still active.

 

How Is the $7,500 EV Credit Structured—and What Factors Determine Your Eligibility?

The full credit is split into two key portions:

  • $3,750 if the vehicle meets battery component sourcing standards
  • $3,750 if it meets critical mineral sourcing requirements

Some Ford EVs may qualify for the full amount, while others might only be eligible for a partial credit—or none—depending on how and where the vehicle was built.

 

What Must a Ford EV and Buyer Meet to Qualify for the Federal Tax Credit?

To be eligible for the tax credit, a Ford EV must:

  • Be brand new and assembled in North America
  • Include a battery with at least 7 kilowatt-hours of capacity
  • Stay below MSRP limits: $80,000 for SUVs and trucks, $55,000 for all others

Buyers also need to meet IRS income thresholds, and the dealership must report the sale directly to the IRS to activate the credit at the time of purchase.

 

How Can Westway Ford in Irving Help You Take Full Advantage of These EV Tax Incentives?

At Westway Ford, our experienced team is here to guide you through the process. We can:

  • Help you identify which Ford EVs qualify under the latest federal guidelines
  • Walk you through income-based eligibility and MSRP requirements
  • Help with IRS documentation

We’ll also assist you in exploring any Texas state incentives or local utility rebates that may apply to your EV or home charger purchase.

 

Why Should Irving Drivers Act Now to Maximize Their Ford EV Incentives?

With major EV tax programs set to end soon, it’s a smart move to start your search today. Contact Westway Ford in Irving, TX to learn more about your options, confirm eligibility, and take full advantage of these time-sensitive savings while they’re still available.

Categories: EV, Buying Tips, Tax Credits