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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. Until then, GM will fill in the gap for buyers.

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

Baua Electric

The report also mentioned the possibility of a “mid-price” flagship electric sports car “loosely linked to the C9 Corvette in content.” He hinted it could be priced around $35,000, similar to the new Chevy Equinox EV. With the $7,500 EV tax credit included, prices could fall to as low as $27,500.

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Tesla rivals face rising inventory — and it’s becoming an issue

Teslarati

For context, dealers have about 54 days’ worth of inventory for gasoline-powered cars. Audi’s Q4 e-tron and Q8 e-tron, as well as the GMC Hummer EV SUV, have inventories that are well above 100 days. As noted by Axios , such inventory corresponds to a 92-day supply, which is almost twice the industry average.

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News: 2023 Chevrolet Bolt EV/EUV Get Big Price Drop

Clean Fleet Report

Significant Price Reduction Repositions Entry-Level EV. Chevrolet announced this week that its 2023 Bolt EV and Bolt EUV are going to get major drops in price. The new 2023 pricing (2022 pricing in parenthesis) includes the mandatory $995 destination fee. Same car, less cost. Same car, less cost. But it is more than that.

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New GM 4.3L EcoTec V-6 for Sierra delivers 305 lb-ft torque

Green Car Congress

When the all-new 2014 GMC Sierra full-size pickup arrives this summer, its standard 4.3L In 1960, GMC debuted the first V-6 pickup truck ever and offered it exclusively through most of the ’60s. V-6 introduced as standard equipment for GMC half-ton pickups in 1985 used geometry and engineering from the brand’s proven Small Block V-8.

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More bad buzz for Chevy Blazer EV: software glitches, doors that fly open

Baua Electric

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.

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2021 US EV Sales Scoreboard: RAV4 Prime and Mustang Mach-E Are The Top-Selling Non-Tesla EVs

EV Adoption

4 was only beginning to reach US dealers. Especially if Congress removes the OEM cap which would mean at least a $7,500 tax credit and as much as $12,500, the Bolt has the potential to be the top selling EV in the US in 2022 other than models from Tesla. For the year the Mach-E outsold the ID.4 4 by 10,398 units.

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