Toyota, Honda oppose U.S. House electric vehicle tax plan

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Toyota, Honda oppose U.S. House electric vehicle tax plan

Toyota Motor Corp (7203.T) and Honda Motor Co (7267.T) on Saturday sharply criticized a proposal by Democrats in the U.S. House of Representatives to give union-made electric vehicles in the United States an additional $4,500 tax incentive.

www.reuters.com

$74,000 appears to align nicely with the upcoming fully loaded Ford F-150 Lightning / 2022 F150 Limited EV:

The bill limits the EV credit to cars priced at no more than $55,000, while trucks could be priced up to $74,000.

2025 Ford F-150 Lightning Review, Pricing, and Specs

The Lightning shares almost everything but its electric powertrain with gas F-150s, making it as good as and in some ways better than those conventional pickups.

www.caranddriver.com