Electric Trucks and SUVs
Electric vehicles keep gaining traction, with many new models headed to market in the next couple of years. Electric car sales globally were up 66% year over year in July, and those numbers should grow as larger EVs — crossovers, SUVs, and pickups — go into production, plus California's new law that bans the sale of nonelectric vehicles starting in 2035 might inspire other states to follow suit. What's more, confusion about a new tax credit might drive further demand in the first three months of 2023. Only a handful of trucks and SUVs on the Treasury Department's list are eligible for the credit, according to the New York Times. They include the Ford F-150 Lighting, Rivian's R1T and R1S, and the Tesla Model Y — though that could change after March. Here’s what’s available and what’s in the pipeline if you’re willing to wait, including a just-revealed electric Ram that could revolutionize the automaker's iconic truck line.
Editor's note: This story has been updated since publication. Many numbers are estimates; details will emerge as vehicles get closer to market.
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