EV Adoption

FEBRUARY 23, 2021

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit.

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Baua Electric

APRIL 23, 2024

After losing EV market share in the US in the first three months of 2024, GM believes it can turn things around. GM expects new models like the Chevy Equinox EV and improved battery production will help regain EV market share in the second half of the year. With Chevy Bolt EV sales down 64% to just 7,040, GM lost market share from Q4.

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Baua Electric

APRIL 23, 2024

After losing EV market share in the US in the first three months of 2024, GM believes it can turn things around. GM expects new models like the Chevy Equinox EV and improved battery production will help regain EV market share in the second half of the year. With Chevy Bolt EV sales down 64% to just 7,040, GM lost market share from Q4.

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Baua Electric

MARCH 10, 2024

Which affordable EV regained its EV tax credit eligibility this week? Rivian on Thursday provided the most significant future-product preview since the debut of its R1 series trucks at the 2018 LA auto show. GM confirmed Friday a huge price cut for the 2024 Chevrolet Blazer EV , as it resumed deliveries on the model.

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Baua Electric

MARCH 21, 2024

After GM drastically cut the starting price of the new Chevy Blazer EV , early buyers are now eligible for a reimbursement of up to $6,520. Chevy offers early Blazer EV buyers reimbursement GM finally lifted the Blazer EV stop-sale after nearly three months in early March. FTC: We use income earning auto affiliate links.

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Baua Electric

MARCH 18, 2024

GM assures us that that problem is now under control, and so is the Blazer’s (apparently unrelated) software snafu. “We They were not related to GM’s decision to stop using Apple CarPlay and Android Auto. Once the bugs were squashed, GM did a heroic amount of real-world testing before putting the Blazer EV back on sale.

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Setec Powerr

SEPTEMBER 20, 2022

President Joe Biden (Joe Biden) attended the Detroit Auto Show on Sept. At this year’s auto show, Detroit’s three largest car companies will showcase a variety of electric vehicles. GM CEO Mary Barra, Stellantis CEO Carlos Tavares, Chairman John Elkann, and Ford Executive Chairman Bill Ford Jr.

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Baua Electric

APRIL 27, 2024

Which automaker priced its hardware set allowing its EVs to back up the home? The Tesla Model Y undercuts the Model 3 by $5,000 —for those who are EV tax credit eligible—under the latest round of Tesla price cuts made last weekend. It might also be EV tax-credit-eligible while other Model 3 versions aren’t.

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Baua Electric

JANUARY 19, 2024

Production of Lyriq has been far behind initial targets, hamstrung mainly by an issue with assembling battery modules that has crimped GM’s EV plans. Many, including market leader Tesla, have cut prices sharply to woo potential customers. government tax credit this month as new sourcing guidelines kicked in.

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Baua Electric

JANUARY 3, 2024

2023 Chevy Bolt EUV (Source: Chevrolet) GM has released its Q4 sales numbers , showing Ultium still ramping steadily, but overall EV sales are down as its best-selling model, the Bolt, winds down as Chevy takes it off the market in its best year of sales ever – leaving GM with only 3.1% EV share, well below the US average.

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Baua Electric

MARCH 13, 2024

But with GM falling behind in the EV market, is a concept enough at this point? On the top of GM’s to do list this year is “getting vehicles out there right and getting the software,” according to Barra. GM lowered Blazer EV prices by up to $6,500. FTC: We use income earning auto affiliate links.

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Baua Electric

JANUARY 10, 2024

The Korean automakers surged past Ford and GM with stylish, functional EVs built for the modern era. Although Tesla’s share will inevitably fall as new models are introduced, price cuts helped bounce back from an all-time low in Q3. Meanwhile, GM sold around 72,639 EVs in 2023, with the Chevy Bolt accounting for over 85%.

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Baua Electric

MARCH 13, 2024

Nissan weighs partnership with Honda to lower EV prices As automakers look to prevent falling further behind EV leaders like BYD , partnerships could become more common According to Nikkei , Nissan may take the plunge as it weighs a partnership with Honda to develop more affordable EV tech. FTC: We use income earning auto affiliate links.

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Teslarati

MAY 9, 2023

“Many auto analysts believe the Inflation Reduction Act (IRA) helps lift all EV boats… that any incentive is better than no incentive. We assume General Motors (GM) splits the tax credit 50%/50% with LGES, and Ford (F) 50%/50% with SK On,” the analyst wrote. We don’t think so.

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Baua Electric

FEBRUARY 27, 2024

Hyundai initially planned to begin production early next year, but the automaker is plowing ahead with the $7,500 federal tax credit on the line. And that was without its electric models qualifying for the $7,500 EV tax credit (only through a leasing loophole). We can help you find the perfect model at the right price.

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Baua Electric

APRIL 17, 2024

BCG estimates that most automakers lose around $6,000 on each EV they effectively sell for $50,000, that price accounting for any tax credits or other incentives the customer might be eligible for. GM was supposed to be producing hundreds of thousands of its Ultium EVs annually by now. automakers. automakers.

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Electric Auto Association

JULY 2, 2022

Extreme EVs, Hyundai, GM, Ferrari, and more. GM Retroactive refund! GM is slashing prices and offering retroactive discounts on Chevy Bolt electric vehicles (TVs). EV racing Festival of Speed UK event shows EVs could soon dominate auto racing. GM EV Hummers on assembly line. Chevrolet Bolt. Hyundai Ioniq 6.

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Baua Electric

JANUARY 25, 2024

Meanwhile, Hyundai said it expects the global auto market to continue growing in the future as the shift to electric heats up. Hyundai accelerated construction to take advantage of government incentives like the $7,500 tax credit. Hyundai’s EVs are at some of the lowest prices since launching.

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Green Car Congress

MARCH 30, 2010

AMP), a company engaged in the conversion of new vehicles to all-electric powertrains, will debut the upfitted battery electric AMP 2010 GM Chevrolet Equinox at the New York Auto Show, which begins on 2 April. The 5-seater electric Equinox is priced below $50,000 (after government tax credits). Earlier post.).

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EV Connect

FEBRUARY 8, 2024

Leading auto dealers see that the near-term trend is electric and are adopting their businesses to sell more EVs. Keep Costs Manageable The price tag of installing EV charging stations can be a hurdle for auto dealerships, but there are options to lower this barrier. 2023 was a record year in EV adoption, with 1.2 percent to 55.1

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Baua Electric

JANUARY 3, 2024

GM and the National Highway Traffic Safety Administration are recalling 265 units of the 2024 Chevy Equinox, 2024 Chevy Blazer, 2024 Chevy Blazer EV, and 2024 GMC Terrain due to defective door strikers that were installed incorrectly by a faulty heat treatment during the assembly. FTC: We use income earning auto affiliate links.

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Baua Electric

JANUARY 6, 2024

Which EVs made the tax-credit shortlist in 2024? Among its many winning assets: It fits the form that American households seek in a family vehicle, without the luxury price tag, and it’s at the leading edge in all aspects of charging. While it might still be all-in on EVs for the long-term, GM struggled to make EVs in 2023.

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Electric Auto Association

SEPTEMBER 9, 2022

The Inflation Reduction Act (IRA) is a massive climate, health care, and tax bill with the overarching goal of slowing the rise in consumer prices that have been climbing at the fastest pace in approximately 40 years. The credit can also be used toward a down payment. Used EV sale price less than $25,000.

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Baua Electric

APRIL 25, 2024

Hyundai’s total auto sales fell 1.5% The automaker believes electric models, like the IONIQ 5 and IONIQ 6, will qualify for the federal EV tax credit, which should help boost demand. To sweeten the deal, Hyundai is offering a massive $7,500 cash offer that can bring prices down to nearly nothing. of the share (vs 8.2%).

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Electric Auto Association

FEBRUARY 7, 2023

GM to the rescue “I attended the LA Auto Show and found that the best EV-buying tips came from Chevrolet,” Fellows recalled. The GM reps advised buyers to reject any mandatory fees or market adjustments. ‘Go They agreed on the price over the phone and then I went in and picked it up. We update you with EV news monthly.

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EV Life

AUGUST 4, 2023

2023 Chevrolet Bolt EUV Pricing, Specs, and Performance The Bolt EUV offers a lot of bang for the buck, especially considering that Chevrolet knocked $6,300 off the starting MSRP in 2023. However, just months after the announcement in April that the Bolt would be no more, GM reversed course. Colorado Electric Vehicle Tax Credit.

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EV Connect

AUGUST 22, 2022

With strong policy support and aggressive climate initiatives , prioritizing plug-in hybrids and fully electric vehicles makes more sense for auto dealers than ever. Despite the need, though, many auto dealers are hesitant to take on the significant cost of adding EV charging stations to their dealerships. In the U.S. and Canada.

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Baua Electric

MAY 26, 2023

“We see the Chinese as the main competitor, not GM or Toyota,” Farley stated Thursday on the Morgan Stanley Sustainable Finance Zenith. ” China, the sector’s greatest auto marketplace, has one of the crucial perfect battery era and dominates EV manufacturing, Farley stated. ” Farley stated. for the plan.

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Baua Electric

JANUARY 17, 2024

Apple CarPlay and Wireless Android Auto support comes standard. Prices start at £40,395 ($51,000) for the base Kona Electric N Line with a 65 kWh battery. Hyundai Motor Group (including Kia) overtook Ford and GM to take second in US EV sales last year, behind only Tesla. FTC: We use income earning auto affiliate links.

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Baua Electric

FEBRUARY 8, 2024

In the US, Hyundai Motor (including Kia) surged past Ford and GM to become the second top-selling EV brand behind Tesla. And that’s without its electric models qualifying for the federal tax credit (only through leasing). FTC: We use income earning auto affiliate links.

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Baua Electric

JANUARY 15, 2024

EV since its limited-availability Clarity Electric, but its 2024 Prologue SUV , an effort with GM, arrives in a few months. 2024 Honda Civic sedan In April 2022, Honda announced a partnership with GM to jointly developing affordable EVs , but that effort dissolved in October. 2024 Honda Prologue Honda hasn’t had a U.S.

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Baua Electric

APRIL 4, 2024

After slashing prices last year, Tesla’s cheapest Model 3 starts at just $38,990. The Model Y starts at $44,990, and that’s before the $7,500 EV tax credit. Included, prices start as low as $37,490. The new Polestar 4 electric SUV Coupe starts at $56,300 (including destination), with prices going up to $74,300.

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EV Adoption

FEBRUARY 7, 2021

Electric Vehicle PR Is Driving Up the Stock Price. In the last year GM has initiated a full court press on the public relations front around its electric vehicle plans. It seems like a week hasn’t gone by without an email in my inbox from GM about an embargoed press release and some upcoming GM EV event or announcement.

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Baua Electric

MARCH 4, 2024

Including Kia and Genesis, Hyundai topped American automakers Ford and GM’s Chevy for second behind only Tesla. Despite rivals like Ford and GM pulling back on EV initiatives, Hyundai is doubling down. billion Metaplant to qualify for the $7,500 federal tax credit. FTC: We use income earning auto affiliate links.

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Baua Electric

JANUARY 3, 2024

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place.

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Green Car Congress

JANUARY 1, 2011

” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. In DB’s Fall 2009 note, they had forecast 12% growth.

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Baua Electric

JANUARY 23, 2024

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.

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