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General Motors sidesteps loss of EV tax credit to offer big discounts for customers

Teslarati

General Motors is sidestepping the loss of the electric vehicle tax credit on its vehicles and will still offer a big $7,500 discount on cars for customers. The Lyriq and Blazer EV will likely regain eligibility sometime early this year as GM plans to switch up sourcing so customers can take advantage of the tax credit.

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Biden attends the Detroit auto show to further promote EVs

Setec Powerr

President Joe Biden (Joe Biden) attended the Detroit Auto Show on Sept. At this year’s auto show, Detroit’s three largest car companies will showcase a variety of electric vehicles. At this year’s auto show, Detroit’s three largest car companies will showcase a variety of electric vehicles. In the U.S.

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GM Will Discount Models Not Currently Eligible for $7,500 Tax Credit

The Truth About Cars

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. The Detroit Free Press reported that GM will give discounts while awaiting updates to requalify some models.

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GM plans Detroit EV portions bank in former AMC Development

Baua Electric

The development venture is being aided via about $32 million in tax increment financing from the town and $5.1 The automaker’s passion within the 50-acre website used to be first reported via Crain’s Detroit Industry terminating September. The Detroit bank additionally represents a selection of the Moroun logistics empire.

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Hey Google! Lets Reinvent Detroit Together Using Our Creative Greenius Before The Opportunivors Scavenge It

Creative Greenius

One of the houses Power House Productions is transforming in Detroit – and none too soon. I went to Detroit last month and found myself in neighborhoods that looked like they had been attacked by enemy forces, had lost their battle and had now surrendered and in most part been abandoned. photo by Galliani (c).

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DOE awards $98M in tax credits to automakers and suppliers for clean technology manufacturing

Green Car Congress

The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment. million 48C Tax Credit, Delphi Automotive Systems plans to invest $35.3

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2017 Jeep Grand Cherokee qualifies for Japan’s Eco-Car tax tncentive

Green Car Congress

The 2017 Jeep Grand Cherokee mid-size SUV has become the second gasoline-driven, US-made, US-brand vehicle to qualify for Japan’s Eco-Car tax break. The Grand Cherokee that qualifies for Japan’s Eco-Tax incentive is powered by an upgraded version of the award-winning Pentastar V-6. The 2016 Jeep Cherokee Trailhawk was first.

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