Baua Electric

JANUARY 3, 2024

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.

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Tax Credit Tax GM Cadillac 52

Teslarati

JULY 11, 2023

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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Tax Credit Hummer Highlander Tesla 145

Baua Electric

JANUARY 3, 2024

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. And it’s a better deal than ever now that the US EV tax credit is now easier to get for low-income buyers and available upfront as well, making it possible to get a Bolt for under $20k off the lot.

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GM Sale Hummer Silverado 52

Cars That Think

OCTOBER 26, 2021

An electric SUV is going to have more aerodynamic drag than an electric sedan like a Tesla Model S or Lucid Air. There are also, incidentally, income tax credits at the federal and state levels for installation of EV charging equipment. It doesn't cover the whole thing, but you do get a chunk of it back as a tax credit.

Electric Vehicles 97

Electric Vehicles Charging Vehicles Electrical 97

Cars That Think

OCTOBER 26, 2021

An electric SUV is going to have more aerodynamic drag than an electric sedan like a Tesla Model S or Lucid Air. There are also, incidentally, income tax credits at the federal and state levels for installation of EV charging equipment. It doesn't cover the whole thing, but you do get a chunk of it back as a tax credit.

Electric Vehicles 96

Electric Vehicles Charging Vehicles Electrical 96

EV Adoption

NOVEMBER 26, 2021

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

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Tax Credit Tax F-150 PHEV 116

EV Adoption

MARCH 31, 2021

4 that will be arriving at dealers soon. That will include a mix of sedans and SUVs, as well as possible “sports models,” and what Lexus called “a car that redefines the concept of having a chauffeur.” Clair, Michigan, that will build complex battery enclosures for the all-new 2022 GMC Hummer EV.

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Kia Jeep Lexus Re-Charge 52