Remove Ford Remove GM Remove Production Remove Tax
article thumbnail

Report: Many GM and Ford EVs will lose tax credits in 2024

Green Car Reports

According to a report citing GM directly, the Chevy Bolt EV will be the only EV from the automaker qualifying for the full EV tax credit from Jan. Yes, that’s a model now out of production and set to be increasingly difficult to find at dealerships in 2024.

article thumbnail

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. This comes after several GM electric models were excluded, starting this week. According to GM, the setback is only temporary due to “two minor components” in the EV models. Until then, GM will fill in the gap for buyers.

article thumbnail

Ford begins deliveries of the F-150 Lightning electric pickup in Europe

Teslarati

Ford has begun deliveries of its F-150 Lightning electric pickup truck in Europe, with the first of the units going to a couple located in Norway. As reposted with photos by Ford CEO Jim Farley on X on Saturday, the first F-150 Lightning in Europe has been delivered to Dag and Angela, who are originally from Texas and now live in Norway.

F-150 140
article thumbnail

GM to invest $6.5B for EV and battery production facilities in Michigan

Teslarati

billion to develop two facilities in Michigan responsible for electric vehicle and EV battery production, a new report from Detroit News says. According to a meeting agenda and two sources, GM will pump a massive $6.5 On Tuesday, GM is expected to announce the massive investment at an event in Lansing, Michigan.

Michigan 127
article thumbnail

Chevy Blazer EV review, Kona Electric pricing, 48V Tesla and the tax credit: The Week in Reverse

Green Car Reports

Why is Ford cutting production of the F-150 Lightning in half? The 2024 Chevrolet Blazer EV is the first mass-market SUV built on GM’s. Where is the federal government’s charging network already up and running?

article thumbnail

Stellantis and GM furlough more workers as UAW strike expands

Teslarati

General Motors (GM) and Stellantis have announced plans to furlough hundreds more workers, just after the United Auto Workers (UAW) expanded strikes against both automakers this week. According to a report from Reuters , Stellantis will temporarily lay off 525 more workers in Michigan, while GM will furlough 139 employees in Ohio.

GM 111
article thumbnail

Hyundai and Kia surge past Ford, GM to take second in US EV sales in 2023

Baua Electric

The Korean automakers surged past Ford and GM with stylish, functional EVs built for the modern era. Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai) According to new research from BloombergNEF , the growth was enough for Hyundai and Kia to top Ford and GM for second in US EV sales.

Kia 52