Green Car Reports

FEBRUARY 15, 2021

As GM prepares for the introduction of two very upscale electric vehicles, the GMC Hummer EV and the Cadillac Lyriq, the Bolt lineup plays an important role, it faces one pesky problem.

Tax Credit 158

Tax Credit Affordable Hummer GMC 158

Baua Electric

MAY 17, 2024

An affordable Chevy Camaro EV? 2024 Chevrolet Camaro ZL1 with Collector’s Edition Package (Source: Chevrolet) Chevy Camaro to live on as an affordable ($35K) EV Reuss recently confirmed the news, telling MotorTrend that the Camaro needs to make a comeback as a real pony car, but with electric power. That could become a reality.

Affordable 52

Affordable GM Silverado Tax Credit 52

Baua Electric

APRIL 23, 2024

GM’s Cadillac Lyriq and GMC Hummer EV both saw solid sales growth in Q1, with 5,800 (+499%) and 1,668 units sold, respectively. 2024 Cadillac Lyriq models (Source: GM) Cadillac’s Lyriq accounted for 20% of brand sales in Q1, second to only the Escalade. Chevy’s Blazer EV is also eligible for the $7,500 tax credit.

GM 52

GM Market Cadillac Escalade 52

Baua Electric

APRIL 23, 2024

GM’s Cadillac Lyriq and GMC Hummer EV both saw solid sales growth in Q1, with 5,800 (+499%) and 1,668 units sold, respectively. 2024 Cadillac Lyriq models (Source: GM) Cadillac’s Lyriq accounted for 20% of brand sales in Q1, second to only the Escalade. Chevy’s Blazer EV is also eligible for the $7,500 tax credit.

GM 52

GM Market Cadillac Escalade 52

EV Adoption

NOVEMBER 26, 2021

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

Tax Credit 116

Tax Credit Tax F-150 PHEV 116