Remove Batteries Remove Hummer Remove SUV Remove Tax Credit
article thumbnail

GM expects Chevrolet Silverado EV to get full $7,500 tax credit

Teslarati

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. The Chevrolet Silverado EV will be equipped with GM’s Ultimum Platform and probably the Ultium battery pack. Treasury’s proposed guidance on critical minerals and battery component requirements.

article thumbnail

GM is giving a $7,500 incentive on EV models that lost tax credit eligibility

Baua Electric

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. GM to give $7,500 incentive for non-qualifying EVs Two weeks ago, GM said the new Chevy Blazer EV and Cadillac Lyriq would lose eligibility for the US EV tax credit at the beginning of 2024. 4, Ford Mustang Mach-E, and Nissan LEAF.

article thumbnail

Putting the “Utility” in Sport Utility Vehicle: Which Electric SUVs Perform Best Off-Road?

EV Life

These combination car-and-SUVs have become immensely popular for a variety of reasons. For one, their higher profile makes it easier to accommodate EV batteries, which often sit under the floor of the vehicle, without compromising legroom or cabin space. If the EV is considered an SUV, the MSRP limit jumps up to $80,000.

SUV 52
article thumbnail

GM hints at an affordable Chevy Camaro EV: A $35,000 real electric pony car?

Baua Electric

Among the considerations were a 2+2 coupe, convertible, and two- and four-door SUVs. With the $7,500 EV tax credit included, prices could fall to as low as $27,500. Hummer EV (Source: GMC) The GMC Hummer, based on the Ultium platform, packs up to 1,000 hp and 11,500 lb-ft of torque.

article thumbnail

800-Volt EV Charging: The ?Other Palliative for Range Anxiety ???

Cars That Think

Some automakers keep trying to soothe it with ever-larger and heavier battery packs, so that consumers can go farther between charges. And battery bulk alone, especially in monstrously powerful trucks, can be a short route to a relatively inefficient and prohibitively expensive EV. The GMC Hummer EV. Now we’re talking.

Volt 107
article thumbnail

Toyota 3-row EVs, Tesla price cuts, electric G-wagen, airless tires: The Week in Reverse

Baua Electric

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. made electric SUV —in Princeton, Indiana, starting in 2026. That complements the other Toyota 3-row electric SUV set to be made in Kentucky in 2025.

Toyota 52
article thumbnail

GM Q4 sales: Ultium grows, Bolt ends best year ever as GM has 3.1% EV share

Baua Electric

After quite a bit of difficulty getting Ultium off the ground, GM’s new battery platform is finally seeing significant ramps in production. Both Lyriq and Hummer EV sales grew, and Blazer and Silverado EV finally saw deliveries of cars to the public, though still in small numbers.

GM 52