Ford Offers Free Home Chargers to Boost EV Sales
The 'Ford Power Promise' includes complimentary home chargers and installation for new EV buyers through January 2, 2025.
- Ford's new initiative aims to increase EV adoption by providing free Level 2 home chargers and installation for customers who buy or lease a Mustang Mach-E, F-150 Lightning, or E-Transit.
- The program, announced by CEO Jim Farley, is based on survey findings that nearly 90% of potential buyers are more likely to purchase an EV if home charging is available.
- The offer starts October 1, 2024, and runs through January 2, 2025, with a potential extension if successful.
- Ford's EV division, despite being the second-largest EV seller in the U.S., faces financial challenges, including projected losses of up to $5.5 billion this year.
- Additional benefits under the 'Ford Power Promise' include 24/7 live support, roadside assistance, and an eight-year or 100,000-mile battery warranty.