Baua Electric

APRIL 1, 2024

battery-supply deal with China’s CATL, Car News China reports. GM already works closely with CATL, but that relationship is limited to the China market. The deal reportedly being discussed would bring that partnership to North America in the form of a joint battery plant located in either the U.S. car manufacturing.”

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Baua Electric

FEBRUARY 8, 2024

General Motors has hired former Tesla battery-development boss Kurt Kelty as its new vice president of batteries. “For more than 30 years, I’ve been focused on helping develop and commercialize battery technologies that will aid in the transition to electric transportation,” Kelty said in a statement.

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Baua Electric

MARCH 28, 2024

General Motors (GM) is reportedly in talks with battery giant CATL to license its cheaper LFP battery tech. The plans could include a new joint North American plant to produce the new batteries. GM is ramping up production of its Ultium-based models after it “turned the corner” at its battery factory in Detroit.

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Baua Electric

MAY 17, 2024

GM President Mark Reuss says the Camaro needs to be revived as a real pony car, hinting it could start at $35,000, similar to the new Equinox EV. With the $7,500 EV tax credit included, prices could fall to as low as $27,500. GM revealed specs for the new Chevy Silverado EV RST First Edition. An affordable Chevy Camaro EV?

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Green Car Reports

FEBRUARY 4, 2023

Which automaker promised “radically simplified” future EVs with smaller batteries? And which one doesn’t see 300-mile EVs as the future? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending February 3, 2023.

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Teslarati

OCTOBER 31, 2023

The United Auto Workers (UAW) reached tentative contracts with each of the “Big Three” automakers over the past week, just as earnings reports from Ford and General Motors (GM) highlighted the financial damage done by the six-week strikes. Additionally, the news comes after GM and Ford have both announced plans to cut back on EV spending.

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Baua Electric

MARCH 8, 2024

With drastically lower starting prices, the Blazer EV now starts at just over $50,000 and qualifies for the full $7,500 federal tax credit. Barra said 2024 is the “year of execution” as GM looks to get back on track with EV production. GM announced Friday the stop-sale has been lifted.

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Green Car Congress

APRIL 11, 2019

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits.

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Baua Electric

MARCH 9, 2024

The Blazer price cuts and restored tax credit bring the effective price for qualified buyers down to USD 42,695 from the original USD 56,715 for the lowest-priced model. GM said it would cut the price of the Blazer by about USD 5,600 to USD 6,500 based on the trim level. Separately, GM on Feb. Treasury on Jan.

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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. Chevy Bolt (Source: GM) GM accounted for 6.2%

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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. Chevy Bolt (Source: GM) GM accounted for 6.2%

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EV Adoption

AUGUST 18, 2021

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). What is less clear is how Tesla and GM will handle leases.

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Baua Electric

JANUARY 3, 2024

You can score a 2023 Chevy Bolt EV for under $20,000 with new IRS rules allowing you to use the tax credit as a down payment. You can buy a Chevy Bolt EV for under $20,000 Rather than waiting until next year’s tax return, you can now use the EV tax credit at the point of sale. But you may want to act fast.

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Baua Electric

MARCH 8, 2024

GM announced Friday that it’s dropping prices by up to $6,520 on its 2024 Chevrolet Blazer EV , while resuming sales and deliveries of the model to customers. Examples include updates to the ambient lighting system and gauge-cluster graphics for battery percentage. GM paused sales of the Blazer EV in December.

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Baua Electric

FEBRUARY 9, 2024

The first Hyundai plant dedicated to building EVs and batteries in the US will be open as soon as this October. According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit. Munoz said EVs produced at the new plant will qualify for the tax credit.

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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. It won’t solve the problem.

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Teslarati

JUNE 9, 2023

Yesterday, GM became the second legacy automotive company , following Ford, to come to an agreement with Tesla, which will see 12,000 Supercharger locations be opened to those vehicles, accessible through an adapter. Last week, Tesla confirmed its entire Model 3 lineup now qualifies for the full $7,500 tax credit.

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EV Life

OCTOBER 7, 2023

The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.

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Green Car Congress

NOVEMBER 27, 2018

GM expects these actions to increase annual adjusted automotive free cash flow by $6 billion by year-end 2020 on a run-rate basis. GM is evolving its global product development workforce and processes to drive world-class levels of engineering in advanced technologies, and to improve quality and speed to market.

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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 18, 2024

The embarrassing software issue wasn’t the only problem in Ultiumville—the entire Ultium lineup was suffering from production delays caused by problems with the automated machinery that assembles the Ultium battery modules. GM assures us that that problem is now under control, and so is the Blazer’s (apparently unrelated) software snafu. “We

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Teslarati

JANUARY 7, 2024

Japanese automaker Honda is considering locations to build an electric vehicle (EV) factory in Canada featuring the use of in-house battery cells. It’s also expected to help the automaker gain access to EV tax credits in the U.S. under Inflation Reduction Act (IRA) rules mandating that vehicles are built domestically.

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Teslarati

MARCH 9, 2024

General Motors (GM) brand Chevrolet has begun selling the Blazer electric vehicle (EV) once again, after the automaker halted orders for over two months due to a software quality issue. GM also plans to utilize the division on all of its future vehicles.

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Green Car Congress

MARCH 21, 2012

Colorado residents who purchase or lease a new Chevrolet Volt are eligible for a state tax credit of up to $6,000 in addition to a federal tax credit of up to $7,500 for a total price reduction of as much as $13,500. A tool to determine specific state or local electric vehicle tax credits is available here.

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Baua Electric

JULY 20, 2023

The development venture is being aided via about $32 million in tax increment financing from the town and $5.1 GM declined to mention what it’s making an investment within the plant, however a spokesperson mentioned the corporate has no longer carried out for native or surrounding incentives.

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EV Obssesion

NOVEMBER 11, 2021

New EVs View Teaser Photos of the 2023 Subaru Solterra EV EV Tax Breaks, EV Politics Biden, pushing tax breaks for electric vehicles, to visit GM factory COP26: Move to Clean Vehicles Surges, Boosting Jobs & Climate Action Why We Need to Standardize Emissions Tracing to Get to Net Zero Battery Electric, Trains, Range Economic, […].

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Cars That Think

MARCH 12, 2023

A battery will be the high-voltage heart of each of those 77 million electric vehicles, and by far their most expensive component, setting off a worldwide race to ethically source their materials and crank up production to meet exploding demand. Yet propelling this full-size luxury barge still demands a 112 kWh battery aboard.

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Green Car Congress

NOVEMBER 27, 2012

The 2014 Chevrolet Spark EV ( earlier post ), introduced today ahead of the Los Angeles International Auto Show, will be priced under $25,000 with tax incentives.

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Baua Electric

JANUARY 15, 2024

Yet decades on, segueing into an era of EVs, it has no battery-electric equivalent to the Civic. It might take a technology breakthrough, like solid-state battery tech, before Honda sees a small, affordable car as making sense—late in the decade. Otherwise it faces compromised range. The benefit would be huge,” he added.

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Teslarati

JANUARY 29, 2024

This positive trend was partially fueled by tax credits from the U.S. billion KRW from the IRA tax credit, which grew 16% from the previous quarter due to a solid performance from LGES factories in the United States. Excluding the tax credit: Operating profit would be KRW 88.1 from the previous quarter and 6.3% billion, a 53.7%

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Baua Electric

APRIL 18, 2024

Photo: GM Energy GM Energy just debuted vehicle-to-home (V2H) bidirectional EV chargers – here’s how GM’s EVs will keep the lights on. Once installed, GM Energy’s home EV chargers will enable customers to send power from a compatible GM EV to their home in the face of increasing power outages across the US.

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Baua Electric

JANUARY 19, 2024

General Motors’ Cadillac is ramping up production of its Lyriq compact, electric sport utility vehicle now that more batteries are available and demand for luxury EVs remain strong despite a slowdown for other types of EVs, a senior executive said on Thursday. government tax credit this month as new sourcing guidelines kicked in.

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Electrek

JULY 29, 2022

But considering recent events GM has cleaned up the battery “issue” and lowered the price by $6000, and introduced 2023 model year – as well as a tax rebate refresh opportunity – I thought it would be fun to take another look at the now sub-$30,000 Bolt EUV.

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Baua Electric

JANUARY 8, 2024

After calling off beats with GM to “beat out Tesla” with a cheap SUV, it has now emerged with news that it is mulling over a $14 billion EV and battery plant in Canada. If all goes according to plan, Honda will produce in-house batteries at the plant, which would be the company’s second EV plant in North America.

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InsideEVs

OCTOBER 31, 2022

Mary Barra estimates that's how long it will take the carmaker to meet all battery sourcing and manufacturing requirements.

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Green Car Reports

AUGUST 29, 2019

Nio positions battery-swapping as an alternative to fast-charging. GM faces another drop in its EV tax credit amount next month. Tesla is launching its own insurance product. And there might be a Toyota RAV4 plug-in hybrid in the works. All this and more at Green Car Reports. Tesla has launched an insurance product.

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Baua Electric

APRIL 25, 2024

GM last week announced details regarding its vehicle-to-home (V2H) system, set to launch with the Chevrolet Silverado EV RST , that will help EV owners back up their home without the help of a storage battery like a Tesla Powerwall or a backup generator. GM Energy app The automaker has a bigger vision for the product.

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