DEARBORN, Mich., April 5, 2023 --Following the release ofadditionalguidance from the U.S. Treasury Department, Ford Motor Company has confirmed that all three of its currently available popular electric vehicles as well as its plug-in hybridsare eligible for Inflation Reduction Actfederal tax creditsin 2023.

“Customers made Ford the No. 2 electric vehicle brand in the U.S. last year,and as we scale our production to build more EVs for more customers,we believe this new incentiveeligibilitywillhelp even more Americans join the EV revolution,”said Marin Gjaja, chief customer officer,Model e.

See below for theeligibilityamountforeach vehicle.

EVs

Ford F-150 Lightning: $7,500 credit

Ford Mustang Mach-E: $3,750 credit

Ford E-Transit: $3,750 credit

Plug-In Hybrids

Ford Escape Plug-In Hybrid: $3,750 credit

Lincoln Corsair Grand Touring: $3,750 credit

Lincoln Aviator Grand Touring: $7,500 credit

For any eligible customers who take delivery of a Ford EV prior to April 18, the eligibility amount will be $7,500. All of these consumer incentives require the vehicle MSRP be at or below $80,000, and that the purchaser must meet certain income limits. Every one of these vehicles is assembled in North America, which is another requirement for the consumer tax incentive.

As an alternative to the consumer incentive, commercial customers are eligible for commercial tax incentives of as much as $7,500 on all these vehicles.

Since 2019, Ford and our battery tech partners have announced 18,000 newdirectEV-related jobs in the United States, which support more than 100,000 indirect jobsin the United States.

As ourvehiclelineupevolvesand as the eligibility requirements continue to change,we will share the latest eligibility information with customers.