Teslarati

DECEMBER 3, 2023

The White House issued new guidance on federal electric vehicle (EV) tax credits this week, including a key exemption that’s considered a win for many automakers, as it offers extra time for companies attempting to set up battery production operations in the U.S. “Due to GM’s historic investments in the U.S

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Teslarati

FEBRUARY 10, 2024

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.

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The Truth About Cars

MARCH 6, 2024

The automaker recently announced that its upcoming Prologue EV would be eligible for federal tax credits of $7,500, meaning buyers can get around 15 percent off the SUV’s purchase price at the point of sale. The Prologue rides on GM’s Ultium platform, which also underpins the Chevy Blazer EV, Equinox EV, and Silverado EV, among many others.

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Green Car Congress

APRIL 11, 2019

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp.,

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Baua Electric

JANUARY 10, 2024

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.

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Green Car Reports

JUNE 14, 2022

Automakers want Congress to consider the EV tax credit yet again. GM teased a first picture of its Blazer EV. A group of four automakers—GM, Ford, Toyota, and Stellantis—have sent a letter to Senate. Dynamic wireless charging gets put to another test. And Tesla is on top for another year or two.

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Teslarati

OCTOBER 24, 2023

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.

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Green Car Reports

DECEMBER 16, 2023

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?

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Teslarati

AUGUST 17, 2022

Department of Energy’s Alternative Fuels Data (DOE) published a list of electric vehicles that are immediately available for the new $7,500 EV tax credit. Tesla and GM were disqualified since both companies have sold over 200,000 EVs. Ford Escape PHEV. Ford F Series. Ford Mustang MACH E. Ford Transit Van.

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Electrek

JULY 1, 2022

Toyota has sold its 200,000th plug-in car in the US, meaning its access to the $7,500 federal tax credit will sunset over the course of the next 15 months. The company joins Tesla and GM in no longer qualifying for credits, with Ford and Nissan also expected to hit the limit later this year.

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Green Car Reports

JUNE 14, 2022

Automakers want Congress to consider the EV tax credit yet again. A group of four automakers—GM, Ford, Toyota, and Stellantis—have sent a letter to Senate and House of. Dynamic wireless charging gets put to the test. And Tesla is on top of the world—in EVs—for another year or two.

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Baua Electric

FEBRUARY 3, 2024

GM this week announced that it is ready to bring some plug-in hybrid models back to the North American market. Ford will provide adapters allowing current and recent EV models including the Mustang Mach-E and F-150 Lightning to charge on the Tesla Supercharger network , the automaker revealed this week.

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Baua Electric

MARCH 9, 2024

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. GM said it would cut the price of the Blazer by about USD 5,600 to USD 6,500 based on the trim level. Separately, GM on Feb. Separately, GM on Feb.

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Teslarati

JUNE 9, 2023

Yesterday, GM became the second legacy automotive company , following Ford, to come to an agreement with Tesla, which will see 12,000 Supercharger locations be opened to those vehicles, accessible through an adapter. Last week, Tesla confirmed its entire Model 3 lineup now qualifies for the full $7,500 tax credit.

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Baua Electric

MARCH 28, 2024

General Motors (GM) is reportedly in talks with battery giant CATL to license its cheaper LFP battery tech. After software glitches, freight delays, and other issues caused GM to miss its EV sales target in 2023, the company believes “production hell” is behind it. Barra confirmed GM will launch an Ultium-based Bolt EV next year.

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Teslarati

JANUARY 21, 2022

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. GM also recently received $1.3 billion in an approved tax rebate for the Orion Assembly Plant, where the Chevrolet Bolt EV is made.

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Teslarati

MAY 27, 2021

The United States Senate Finance Committee is looking to boost the possible Electric Vehicle Tax Credit to $12,500 for manufacturers that have assembled union workers within the U.S. will still qualify for tax credits but will not receive the full amount. Other companies that do not have unionized workers in the U.S. unionized workers.

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EV Adoption

AUGUST 18, 2021

A key component of the CEAA is nine proposed changes to the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) — more commonly known as the “federal EV tax credit.”. I’ve written extensively on the tax credit and especially its many flaws, ineffectiveness, and areas in the regulations that desperately need fixing.

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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. More on this below.

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Electric Auto Association

APRIL 5, 2023

Many Americans want to know if their next EV purchase qualifies for a full, half, or any tax credit. We also have news on the new Kia EV9 three-seater, GM moving on from Apple’s CarPlay, how to become an EV expert, and high-power charging for a truck stop. EV tax credit. kWh battery pack Est. 0-62 mph time is 9.4

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Baua Electric

FEBRUARY 9, 2024

According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit. With a $7,500 tax credit on the line, Hyundai has pulled the timeline forward as quickly as possible. Munoz said EVs produced at the new plant will qualify for the tax credit.

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InsideEVs

FEBRUARY 3, 2023

The 5-seat Tesla Model Y, Cadillac Lyriq, Ford Mustang Mach-E and VW ID.4 4 RWD are now classified as SUVs, have $80,000 MSRP cap.

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EV Adoption

AUGUST 4, 2022

Additionally, the IRA could actually receive enough votes to pass, but not without potentially several significant changes — including to some of the EV tax credit requirements. That is a very good thing, but tying this requirement to a consumer-facing tax credit that results in few or zero EVs qualifying, is probably not the best approach.

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Baua Electric

JANUARY 2, 2024

The list of electric vehicles qualified for the EV tax credit in calendar year 2024 has been released. And as anticipated by automakers in recent weeks, the Chevrolet Blazer EV and Cadillac Lyriq don’t yet make the list, while the Ford Mustang Mach-E is for now completely disqualified. And as expected, it’s very short. Starting Jan.

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Clean Fleet Report

SEPTEMBER 2, 2022

One of the most intriguing of these changes for car buyers is a revamped electric vehicle (EV) tax credit. How Much Can You Get from the EV Tax Credit? The new EV tax credit, like the one that preceded it, offers up to $7,500 for electric passenger cars and light trucks. A tax credit also applies to used EVs.

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InsideEVs

JUNE 13, 2022

Currently, the $7,500 tax credit phases out after selling 200,000 plug-ins.

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Baua Electric

JANUARY 23, 2024

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.

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CleanTechnica EVs

APRIL 19, 2023

The US federal tax credit for electric vehicles has been updated, and that means that some electric cars, trucks, and SUVs no longer qualify for the full tax credit — or even half the tax credit. Actually, most electric vehicles on the market in the United States no longer qualify!

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The Truth About Cars

APRIL 24, 2024

One of the biggest reasons not to purchase an EV that I hear is that the MSRP of most EVs is too high, even considering tax credits. If it helps, take Tesla out of the equation and think about a $25K EV sold by Ford or GM or Honda or whoever. Does that ring true? Sound off below. Image: Tesla] Become a& TTAC insider.

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Teslarati

DECEMBER 3, 2021

The $12,500 electric vehicle tax credit proposed in President Joe Biden’s “Build Back Better” plan is being labeled as “discriminatory” by Mexican Economy Minister Tatiana Clouthier, who said the country is analyzing legal recourse and other actions, including potential tariffs against the United States.

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Baua Electric

MAY 10, 2023

“GM Envolve is about working with our customers to create tailored solutions to help meet their unique challenges,” Peper mentioned. “GM Envolve will draw from the entire GM enterprise portfolio of business-to-business products and services for ICE and EV.” Ford Motor Co.

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Baua Electric

JANUARY 3, 2024

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place. How much is the federal tax credit?

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InsideEVs

DECEMBER 22, 2023

The effects may be temporary, but for now, they mean changes to the Chevy Blazer EV, Cadillac Lyriq, Mustang Mach-E and more.

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EV Adoption

FEBRUARY 23, 2021

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit. It won’t solve the problem.

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Teslarati

NOVEMBER 19, 2021

trillion bill, which includes the language that will offer an up-t0 $12,500 electric vehicle tax credit for potential buyers. After several revisions to the EV tax credit in the past several weeks, the bill is now finalized and passed. Used EVs will also qualify for some tax credit relief. Credit: Tesla.

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Teslarati

JUNE 24, 2022

As of June 15, 2022, Ford will no longer offer the opportunity to purchase its three all-electric vehicles, the F-150 Lightning, Mustang Mach-E, and E-Transit Van, for new leases. Ford informed dealers in a letter that it was discontinuing the end-of-lease purchase option for the E-Transit van, Mustang Mach-E, and F-150 Lightning.

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Teslarati

AUGUST 11, 2021

The United States Electric Vehicle Tax Credit is one of the most notable advantages of purchasing a battery-electric car. The rollout of electric vehicles is supported by the current President Joe Biden, who attempted to increase the United States’ EV sales goals of GM, Ford, and Stellantis to 40% by 2030. The post U.S.

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