GM is giving a $7,500 incentive on EV models that lost tax credit eligibility
Baua Electric
JANUARY 3, 2024
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. GM’s other electric models, including the GMC Hummer EV, start well over the $80K threshold for SUVs and pickups.
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