The Truth About Cars

JANUARY 4, 2024

The EV tax credit rules changed again at the beginning of 2024, and stricter requirements on battery materials sourcing cut several previously qualified models from the list. A spokesperson told the publication, "The Cadillac Lyriq and Chevrolet Blazer EV will temporarily lose eligibility for the clean vehicle credit on Jan.

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The Truth About Cars

APRIL 17, 2023

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. Image: Jan Hendrik/Shutterstock] Become a& TTAC& insider.

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The Truth About Cars

JANUARY 11, 2024

Hertz found that out the hard way, as it aggressively invested in new EVs for its rental fleet a couple of years ago, only to begin selling them off in 2024. While that splashy announcement likely netted the company new customers, it now has hundreds of EVs on sale as it moves to scale back its fleet.

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The Truth About Cars

MAY 17, 2024

General Motors president Mark Reuss threw some shade at the all-electric Ford “Mustang” Mach-E by suggesting an electrified Chevrolet Camaro would not go the crossover route if he had his druthers. The Camaro news is more speculative, resulting from an interview Mark Reuss had with MotorTrend about the future of the model.

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Ford Chevrolet General Motors GM 105

The Truth About Cars

NOVEMBER 1, 2023

Even with government tax credits and other incentives, electric models are out of reach for many buyers, and the seemingly constant pricing fluctuations aren’t helping. These prices also do not reflect incentives, such as tax and state credits, that could significantly lower the cost of entry.

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The Truth About Cars

DECEMBER 27, 2023

That could raise EV prices initially, as much of the existing sourcing and refining infrastructure lies in China, and upcoming changes to the tax credit rules will make vehicles with Chinese-sourced or refined materials ineligible. Image: Chevrolet] Become a& TTAC insider.

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The Truth About Cars

JULY 25, 2023

With incentives and tax credits, the final price could be much lower than that, making it the most affordable new EV on sale now. & [Image: Chevrolet] Become a& TTAC insider. The current Bolt starts at well under $30,000 and offers a fantastic 259-mile range for the money.

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