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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. In December, GM said it would temporarily lose eligibility for the credit on some of its cars. can qualify for EV tax credits. Now, just 19 EVs 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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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. Funded at $2.3 Funded at $2.3 Lead organization. Description.

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Fisker EMotion, electric-car tax credit, plug-in cars for Costa Rica: Today's Car News

Green Car Reports

Today, we've got some wrapup articles from both last week's Consumer Electronics Show and this week's Detroit auto show, thoughts on the electric-car tax credit, and greener wheels in Costa Rica. All this and more on Green Car Reports.

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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 resumes sales, cuts price of Chevy Blazer EV after software issue – ET Auto

Baua Electric

The Blazer price cuts and restored tax credit bring the effective price for qualified buyers down to USD 42,695 from the original USD 56,715 for the lowest-priced model. USD 7,500 EV tax credit after new battery sourcing rules from the U.S. automaker to halt deliveries in late December. Treasury on Jan.

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GM says EV hurdles are ‘not an issue now’ as new models roll out

Baua Electric

In a new interview with The Detroit News , Barra confirmed the (battery cell) issues are “behind us now.” Ultium EVs outside GM’s Mountain View, CA office (Source: GM/ Jim Gensheimer) Are GM’s EV hurdles behind it? Despite recent plans to boost its hybrid lineup, GM has several important all-electric models rolling out this year.

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