Green Car Reports

OCTOBER 4, 2022

As part of a quarterly sales update, General Motors revealed Monday that. has some work ahead to catch up with other countries in providing enough public charging. And GM cranks out Bolt EVs but is on a slow ramp with Ultium. This and more, here at Green Car Reports.

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Georgia Sale General Motors Chevrolet 129

Electrek

APRIL 17, 2023

General Motors shared Monday that it now leads the industry in the number of EV models that qualify for the full $7,500 tax credit. GM expects its entire lineup of electric vehicles under the MSRP cap to be eligible for the full EV tax credit in 2023.

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Tax Credit Tax GM General Motors 102

Electrek

OCTOBER 28, 2022

General Motors CEO Mary Barra spoke with analysts Tuesday, saying GM’s EV models will be able to qualify for the full tax credit in two to three years. The post Mary Barra claims GM’s electric vehicles will qualify for the full tax credit in ‘2 to 3 years’ appeared first on Electrek.

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Tax Credit Tax Electric Vehicles General Motors 104

Teslarati

JULY 1, 2022

A plan to tax lithium, which is widely used in the production of electric vehicle batteries, has been approved in California as part of the state’s efforts to generate revenue for environmental remediation projects. The California lithium tax was approved by Governor Gavin Newsom as part of a must-pass state budget on Thursday.

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Tax California General Motors China 98

Baua Electric

MARCH 8, 2024

With drastically lower starting prices, the Blazer EV now starts at just over $50,000 and qualifies for the full $7,500 federal tax credit. Chevy Blazer EV stop-sale ends with lower prices General Motors issued the stop-sale on the Chevy Blazer EV in late December, just four months after opening orders.

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Tax Credit Tax Price Sale 52

Baua Electric

JANUARY 25, 2024

4 electric crossovers on sale now are eligible for the full $7,500 federal EV tax credit, VW confirmed Wednesday in a press release. 4 will retain the tax credit for the entirety of the 2024 calendar year. 4 models are still being sold, with a base price of $40,290, including destination, before the tax credit. Leftover 2023 ID.4

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Tax Credit Tax Tennessee General Motors 52

Electrek

JANUARY 20, 2022

Officials from Orion Township, Michigan approved a 12-year tax abatement for a proposed $1.3 billion investment by General Motors Co. (GM) more… The post GM scores huge tax break on $1.3 billion plan to build new EVs in Orion appeared first on Electrek.

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Tax GM Building General Motors 103

Teslarati

DECEMBER 29, 2022

Tesla, Volkswagen, and several other EV manufacturers qualify for the new 2023 U.S. EV tax credit. The Internal Revenue Service (IRS) announced the vehicles that qualify for the 2023 EV tax credit. The full list of EV models eligible for the new and updated $7,500 U.S. Follow us for interactive news & more.

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Tax Credit Tax Tesla Jeep 136

Teslarati

JANUARY 18, 2022

Orion Township approved General Motors’ (GM) request for a tax rebate on its proposed $1.3 GM plans to introduce 30 new electric vehicles to the global auto market by 2025, and the Orion Assembly Plant will play a key role in its goal. billion tax rebate to ramp EV production appeared first on TESLARATI.

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Tax General Motors GM Production 104

The Truth About Cars

MARCH 6, 2024

Legacy automakers like Ford and General Motors are in the hunt, but so far, no one has been able to topple Tesla’s top spot. BMW is hoping to take some of the shine off of Tesla’s crown with a new incentive that gives buyers a $1,000 discount to buy one of its new EVs. Image: BMW] Become a& TTAC& insider.

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BMW Tax Credit General Motors Tax 89

Electrek

DECEMBER 29, 2023

The fallout from robotaxi company Cruise continues, as now General Motors has just filed a lawsuit against San Francisco for $121 million, in what it calls unfair taxes and penalties since it acquired Cruise. more… The post More Cruise fallout: GM sues San Francisco for $121 million appeared first on Electrek.

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San Francisco GM General Motors Tax 88

Teslarati

FEBRUARY 7, 2023

The Tesla Model Y complete lineup was recently added to the IRS list of qualifying vehicles that will give buyers a $7,500 tax credit. While it may seem like the company’s huge price cuts coupled with the tax credit would be good for everyone, it spells bad news for competitors that offer comparable EVs in the same category.

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Tax Credit Tax Tesla Price 103

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. Under the new law, only EVs assembled in North America qualify for the credits. You can also reach me on Twitter @JohnnaCrider1.

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Tax Credit Tax North America PHEV 99

Blink Charging

FEBRUARY 23, 2023

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! First, the easy part: How do I claim the $7,500 EV tax credit?

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Tax Credit Tax Electric Vehicles North America 72

Baua Electric

MAY 24, 2023

Normal Motors seems to be transferring ahead with a plan to manufacture an electrical car battery plant in northern Indiana. County officers on Tuesday licensed a construction word of honour and tax diminish with GM for the mission. “As part of that work, we submitted a tax abatement application with St. Joseph County.

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Indiana Tax GM Batteries 52

The Truth About Cars

APRIL 5, 2024

It’s also eligible for federal tax credits, which makes it an even more compelling option. Ford recently announced that it would pause development of its new electric SUV and pickup truck to focus on hybrid offerings, and General Motors made a similar announcement a few months back.

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New York Toyota Tax Credit General Motors 94

The Truth About Cars

APRIL 17, 2023

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. It’s a very different situation from the 200,000-unit-per-automaker sales quota that has been supplanted.

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Tax Credit Tax North America Chevrolet 83

The Truth About Cars

JUNE 27, 2023

On Tuesday, Lordstown Motors Corp. But it’s not bad news for everybody. Former chief executive of Lordstown Motors, Steve Burns, managed to sell off every share of his stock before the company filed for Chapter 11. Image: Lordstown Motors] Become a& TTAC& insider.

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Motor Motors Motoring Ohio 104

The Truth About Cars

APRIL 24, 2024

If it moves forward, the deal could help other automakers compete against Ford, General Motors, and Mercedes-Benz, which offer well-established competitors to FSD. The recently updated Model 3 lost tax credit eligibility in lower configurations, but the fresh Performance variant qualifies.

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Tax Credit Tesla Tax General Motors 64

Teslarati

FEBRUARY 2, 2022

According to the Tesla supporters, the US President has shown a tendency to ignore Tesla’s leadership, with Biden instead propping up veteran automakers like General Motors as leaders in the country’s EV movement. Credit: General Motors. Don’t hesitate to contact us with news tips.

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General Motors Tesla Tax GM 143

Baua Electric

FEBRUARY 2, 2024

Dealers think the Biden administration’s EV policies are forcing the auto industry to move ahead of market demand, according to a new Automotive News survey. Surprisingly, 57% of respondents thought that the new point-of-sale rebate for the federal EV tax credit would have no effect on EV sales, or they were unsure.

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Dealers Tax Credit Tax Mazda 97

Teslarati

JUNE 20, 2023

Tesla stock ( NASDAQ: TSLA ) popped more than 3 percent on Tuesday after news of its collaboration with Rivian ( NASDAQ: RIVN ), which will see the latter automaker adopt the former’s North American Charging Standard (NACS) for its vehicles. Tesla shares popped over 3 percent on the news as of midday trading.

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Tax Credit Market Tesla North America 130

Teslarati

MARCH 9, 2024

General Motors (GM) brand Chevrolet has begun selling the Blazer electric vehicle (EV) once again, after the automaker halted orders for over two months due to a software quality issue. GM also plans to utilize the division on all of its future vehicles.

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Price Sale GM Chevrolet 109

Clean Fleet Report

JUNE 4, 2022

These big price reductions, $5,900 for the Bolt EV and $6,300 for Bolt EUV, makes them more competitive as Chevrolet no longer qualifies for the federal $7,500 tax credit. In 2023 Chevrolet is launching the all-new, all-electric Equinox and Blazer models, which need to have a price differential from the Bolt models. More EVs Coming.

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Chevrolet Price Tax Credit 2020 93

Teslarati

FEBRUARY 8, 2024

Georgia Quick Start will train employees for the Hyundai Motor Group Metaplant America (HMGMA) and affiliate companies, including Mobis, Clovis, and Tansys. Hyundai seeks to restore market share in China with new EV brand The new training center is near the HMGMA near Ellabell, Georgia, in Bryan County.

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Georgia Hyundai Kia Tax 103

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. General Motors said on Friday it is resuming sales and cutting the price of its Chevrolet Blazer EV after software quality issues prompted the largest U.S.

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GM Tax Credit Price Auto 52

Teslarati

FEBRUARY 10, 2024

Ford last year also faced historic six-week strikes from workers represented by the United Automotive Workers (UAW) union , alongside the other “Big Three” automakers of Detroit, General Motors (GM) and Dodge-Chrysler parent company Stellantis. billion in earnings before interest and taxes.

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F-150 Ford Europe Norway 139

Teslarati

JANUARY 21, 2022

General Motors is set to invest $6.5 billion to develop two facilities in Michigan responsible for electric vehicle and EV battery production, a new report from Detroit News says. The two new plants will produce 4,000 new jobs in Michigan. billion investment into the two facilities.

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Michigan GM Production Batteries 126

Teslarati

AUGUST 2, 2022

But while companies like Tesla and General Motors are definitely celebrating, electric truck maker Rivian is not. Currently, the United States offers consumers a $7,500 tax credit when they purchase an electric car, though this is capped at 200,000 units. After this mark is achieved, the EV tax credit is gradually phased out.

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Tax Credit General Motors United States Tax 98

Teslarati

JUNE 9, 2023

Tesla ( NASDAQ: TSLA ) and General Motors’ deal that will see the Detroit-based automaker utilize 12,000 Supercharger locations in North America and eventually adopt the North American Charging Standard (NACS) connector helped Wedbush push its price target on Tesla stock upward on Friday, analysts from the firm said.

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GM Price Tesla General Motors 99

Green Car Reports

JANUARY 13, 2016

Today, General Motors says it won't fund Combined Charging Standard (CCS) DC fast-charging stations for the 2017 Chevrolet Bolt EV electric car, California rejects Volkswagen's proposed fix for 2.0-liter liter TDI diesel cars, and we look at when electric-car tax credits will expire. All this and more on Green Car Reports.

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Tax Credit Tax Electric Cars General Motors 60

Teslarati

JANUARY 31, 2024

General Motors (GM) may not be catching up to electric vehicle leaders like Tesla anytime soon, but CFO Paul Jacobson has noted that the automaker’s EV business is still on the right path. billion before taxes in Cruise. Don’t hesitate to contact us with news tips.

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GM Financing General Motors Tax 83

Teslarati

JANUARY 8, 2024

South Korean automakers Hyundai and Kia placed second together in US electric vehicles (EV) sales after Tesla, beating Detroit-based legacy automakers Ford and General Motors. Hyundai and Kia, along with the Genesis brand, are owned by Hyundai Motor Group, which holds the fourth-largest share in the US car market.

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Kia Hyundai Sale Tesla 107

Teslarati

FEBRUARY 25, 2024

General Motors (GM) is looking to specific business areas to help determine worker bonuses for the year, as the automaker attempts to right the ship at self-driving unit Cruise and launch additional electric vehicles (EVs). “Our goal is to incentivize everyone to think and act with an enterprise perspective.”

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GM Escalade Sierra Silverado 68

The Truth About Cars

JUNE 21, 2023

Volvo only produces 4 percent of its vehicles here, but the real shocker is that General Motors only built 54 percent of its vehicles in the United States. These numbers may shift in favor of American production in the coming years as automakers look to localize production and take advantage of federal tax credits.

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Land Rover Acura Tax Credit Honda 94

Baua Electric

APRIL 1, 2024

General Motors is negotiating a U.S. battery-supply deal with China’s CATL, Car News China reports. Car News China reasons that the deal would likely be similar to the one between Ford and CATL—a deal GM leadership has criticized. or Mexico, along with a GM license agreement for CATL’s LFP battery tech.

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GM Ford Batteries Battery 52

Teslarati

JANUARY 7, 2024

After a Cruise self-driving vehicle hit and dragged a pedestrian in October, the General Motors (GM) subsidiary has offered to pay $75,000 to help resolve an ongoing investigation from California regulators. GM suing San Francisco to refund over $108 million in Cruise taxes What are your thoughts?

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San Francisco GM California General Motors 88