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EV tax credits: Here's every electric car or plug-in hybrid that qualifies

Starting on April 18, the Internal Revenue Service released new guidance for U.S. buyers shopping for a new electric or plug-in hybrid vehicle. On April 18th, the IRS showed only six fully electric vehicles on the qualified list, but a day later Volkswagen confirmed its U.S.-built ID.4 also qualifies. That means right now, seven fully electric vehicles qualify for the full $7,500 EV tax credit, with three more from Chevrolet coming for the 2024 model year (we would expect these 2024 models to roll out slowly and be difficult to find for at least the first few months they are on the market). In addition to those seven fully electric cars, two plug-in hybrids also qualify for the full $7,500 credit. To qualify, a vehicle must be assembled in North America and must meet a strict set of guidelines that cover where battery materials were sourced. If any battery materials come from certain countries (importantly including China), the vehicle's tax credit is automatically cut in half. Further, according to the IRS, the vehicle's manufacturer suggested retail price (MSRP) can't exceed $80,000 for vans, sport utility vehicles and pickup trucks or $55,000 for any other type of vehicle (basically meaning sedans). Electric vehicles that qualify for the full $7,500 EV tax credit: Cadillac Lyriq (2023-2024) Chevrolet Blazer EV (2024) Chevrolet Bolt EV (2023-2024) Chevrolet Bolt EUV (2023-2024) Chevrolet Equinox (2024) Chevrolet Silverado (2024) Ford F-150 Lightning — all models (2022-2023) Tesla Model 3 Performance (2022-2023) Tesla Model Y — all models (2022-2023) Volkswagen ID.4 — U.S.-built models (2022-2023) Plug-in hybrid cars that qualify for the full $7,500 EV tax credit: Chrysler Pacifica PHEV (2022-2023) Lincoln Aviator Grand Touring (2022-2023) A smaller credit is offered on fully electric cars and plug-in hybrids that are assembled in North America but have batteries with materials sourced from unqualified countries (mostly China).

2015 Ford Shelby GT350, GT350R Mustang option pricing leaked [UPDATE]

UPDATE: Ford wasn't willing to elaborate on Mustang6G's pricing report, with spokesperson Said Deep simply saying, "We haven't announced pricing at this time." The limited availability of the new 2015 GT350 and GT350R isn't the only Ford Mustang news today, as a leaked report by Mustang6G has shined a light on the cost of the optional equipment we first reported on way back in January. First, we have the standard GT350. As we reported earlier, only 50 cars will get the $7,500-Tech Package, which includes magnetic ride control, navigation with Sync 3, dual-zone climate control, and heated, air-conditioned, leather-upholstered, and powered seats. The other 50 standard models will get the $6,500-Track Package. You'll still get magnetic ride control, selectable driving modes and enhanced cooling systems for the engine oil, trans and diff. Stand-alone navigation is $795, a black roof is $695, stripes are $475, and as with the standard Mustang, Triple Yellow Clearcoat paint is $495. Fancy one of the just 37 GT350Rs? You'll pony up (pun intended) an extra $3,500 on top of the price of a GT350. From there, Mustang6G cites a $3,000-SVT Touring Package, which we think references the Electronics Package (navigation, Sync 3, and dual-zone climate control). Outside of those two items, the GT350R's only additional options include a black roof, stand-alone nav, and stripes, all of which carry the same price as the standard car. Like our report earlier today, these prices appear to only be for the 2015 model. While production outputs for the 2016 will probably increase, we can't be sure whether these prices be carried over, as well. Mustang6G claims it will have a starting price "very soon," which we'll naturally bring you as soon as it's published. We've also reached out to Ford to confirm this report as well as get any info on the GT350's starting price. Stay tuned. Related Video:

Ford Ranger-based 7-seat SUV spotted testing

Ford looks to be working on a new SUV version of its global Ranger pickup truck. An early prototype of a seven-passenger SUV based on the Ranger has been spotted testing in Australia, and word has it buyers in the region could expect to see the model in showrooms as soon as 2014, where it could sail under the Endeavour or Everest badges. Ford Australia currently sells the Territory SUV, so there's some chance that this model could be a successor to that throne, as well.
Whatever it's called, the long-roof Ranger will feature a shorter wheelbase and more ground clearance than its pickup twin, giving the machine a bit more off-road functionality. (And here we thought we couldn't want the global Ranger any more than we already do.) While this particular vehicle sports a Territory back half grafted onto a Ranger front end, odds are a public reveal of the finished product could occur as soon as the second half of 2014, making it a 2015 model. Head over to Carsguide.com.au for a closer look.