Baua Electric

MAY 20, 2024

GM had its fair share of EV hurdles last year, leading to disappointing sales. Moving past Production Hell After delivering 75,883 electric cars last year, GM missed its goal of selling 100,000 EVs in the second half of 2023. GM’s delayed rollouts were caused by software issues, freight delays, and other factors.

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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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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. Barra said 2024 is the “year of execution” as GM looks to get back on track with EV production. GM announced Friday the stop-sale has been lifted.

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Baua Electric

APRIL 23, 2024

After losing EV market share in the US in the first three months of 2024, GM believes it can turn things around. GM expects new models like the Chevy Equinox EV and improved battery production will help regain EV market share in the second half of the year. Chevy Bolt (Source: GM) GM accounted for 6.2%

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Baua Electric

APRIL 23, 2024

After losing EV market share in the US in the first three months of 2024, GM believes it can turn things around. GM expects new models like the Chevy Equinox EV and improved battery production will help regain EV market share in the second half of the year. Chevy Bolt (Source: GM) GM accounted for 6.2%

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Baua Electric

JANUARY 3, 2024

You can score a 2023 Chevy Bolt EV for under $20,000 with new IRS rules allowing you to use the tax credit as a down payment. You can buy a Chevy Bolt EV for under $20,000 Rather than waiting until next year’s tax return, you can now use the EV tax credit at the point of sale. But you may want to act fast.

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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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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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Baua Electric

FEBRUARY 8, 2024

In this newly-created position, Kelty will be tasked with bringing together GM’s development resources “to more quickly deliver profitable, lower-cost, higher performing electric vehicles to customers at scale,” and will report directly to GM president Mark Reuss, the automaker said in a press release.

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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. Ford announced a $3.5

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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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Baua Electric

JANUARY 3, 2024

2023 Chevy Bolt EUV (Source: Chevrolet) GM has released its Q4 sales numbers , showing Ultium still ramping steadily, but overall EV sales are down as its best-selling model, the Bolt, winds down as Chevy takes it off the market in its best year of sales ever – leaving GM with only 3.1% EV share, well below the US average.

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Baua Electric

MARCH 18, 2024

Software is a key component of any EV, so when InsideEVs and Edmunds encountered frustrating software problems during road tests of the Blazer EV—one of GM’s most anticipated new electric models—it cast some shade on the automaker’s grand plans for a new generation of EVs built on the Ultium platform.

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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.”

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Teslarati

SEPTEMBER 8, 2022

Chevrolet has long been the budget offering of GM products; their vehicles are made for everyone, so what if the interior is comparable to a school lunch tray, it’s cheap and (hopefully) reliable transportation. The post GM unveils the Chevrolet Equinox EV, its budget SUV offering appeared first on TESLARATI.

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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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Baua Electric

FEBRUARY 27, 2024

February 26, 2024, will forever be known as Hyundai Day in the state of Georgia as the automaker gears up to begin production at its first dedicated EV and battery plant in the US later this year. Hyundai announced its fast-tracking production at its Hyundai Motor Group Metaplant America (HMGMA) in Georgia.

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InsideEVs

JANUARY 5, 2023

Mexico may have plenty of appeal for future EV production due to low costs and full access to the US federal EV tax credit.

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Teslarati

JANUARY 29, 2024

This positive trend was partially fueled by tax credits from the U.S. billion KRW from the IRA tax credit, which grew 16% from the previous quarter due to a solid performance from LGES factories in the United States. Excluding the tax credit: Operating profit would be KRW 88.1 from the previous quarter and 6.3% billion, a 53.7%

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Green Car Congress

DECEMBER 11, 2013

The decision to end manufacturing in Australia reflects the perfect storm of negative influences the automotive industry faces in the country, including the sustained strength of the Australian dollar, high cost of production, small domestic market and arguably the most competitive and fragmented auto market in the world.

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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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Baua Electric

MARCH 13, 2024

But with GM falling behind in the EV market, is a concept enough at this point? General Motors has already pushed back production of several key electric models, including the Equinox EV, Silverado EV, and GMC Sierra Denali EV. GM lowered Blazer EV prices by up to $6,500. It will join the Chevy Equinox EV, starting at $34,995.

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Green Car Congress

DECEMBER 15, 2015

The Michigan investment announcements come on the same day as an amended agreement between GM and the Michigan Strategic Fund under the Michigan Economic Growth Authority (MEGA) tax credit program. As part of the amended agreement, which was approved by the Michigan Strategic Fund today, GM will invest $1 billion in Michigan by 2030.

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Green Car Congress

OCTOBER 28, 2009

Fisker Automotive has selected the GM Wilmington Assembly plant in Wilmington, Delaware for production for Project NINA, the development and build of a family-oriented plug-in hybrid sedan costing about $39,900 after federal tax credits. Earlier post.). Fisker Automotive has signed a letter of intent with Motors Liquidation Co.

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Baua Electric

MARCH 21, 2024

After GM drastically cut the starting price of the new Chevy Blazer EV , early buyers are now eligible for a reimbursement of up to $6,520. Chevy offers early Blazer EV buyers reimbursement GM finally lifted the Blazer EV stop-sale after nearly three months in early March.

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Baua Electric

APRIL 18, 2024

Photo: GM Energy GM Energy just debuted vehicle-to-home (V2H) bidirectional EV chargers – here’s how GM’s EVs will keep the lights on. Once installed, GM Energy’s home EV chargers will enable customers to send power from a compatible GM EV to their home in the face of increasing power outages across the US.

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Teslarati

MAY 9, 2023

We assume General Motors (GM) splits the tax credit 50%/50% with LGES, and Ford (F) 50%/50% with SK On,” the analyst wrote. The Morgan Stanley analysts also shared their expected IRA breakdown for Tesla. Morgan Stanley maintained an “Overweight” rating on Tesla and a price target of $200. at the end of the day.

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Baua Electric

JANUARY 3, 2024

GM and the National Highway Traffic Safety Administration are recalling 265 units of the 2024 Chevy Equinox, 2024 Chevy Blazer, 2024 Chevy Blazer EV, and 2024 GMC Terrain due to defective door strikers that were installed incorrectly by a faulty heat treatment during the assembly. So the company has definitely seen better days.

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The Truth About Cars

MAY 17, 2024

He stated that he believes the future GM remains electric and that a sports coupe focused on sublime driving dynamics and a lower price point would be preferable to a model that’s focused on lap times and output figures. Even if the Camaro comes back as a car, don’t expect it to be a coupe.

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Teslarati

FEBRUARY 10, 2024

It also comes after Ford last month adjusted its F-150 Lightning production forecast for 2024 to about half of what it had originally planned, as it refocuses on hybrids and gas vehicles for the coming years. billion in earnings before interest and taxes. percent increase from its EV sales in October, as well as an 8.9-percent

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Green Car Congress

AUGUST 30, 2009

On 11 August, GM invited approximately 75 journalists and auto analysts to spend a day learning about the new GM. The day was split between a morning session at the GM tech center in Warren and an afternoon session at the GM proving grounds in Milford, MI. GM’s identify in the US starts with its four core brands.

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Baua Electric

APRIL 25, 2024

GM last week announced details regarding its vehicle-to-home (V2H) system, set to launch with the Chevrolet Silverado EV RST , that will help EV owners back up their home without the help of a storage battery like a Tesla Powerwall or a backup generator. GM Energy app The automaker has a bigger vision for the product.

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Green Car Reports

OCTOBER 27, 2019

Buyers of Tesla and GM electric vehicles will soon be ineligible for the federal EV tax credit. Meanwhile automakers (GM most recently) are grappling with production locations and long-term labor negotiations amid uncertainties over how EVs will play into new federal emission and fuel economy rules.

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Teslarati

JULY 30, 2021

Companies like Ford and GM have already released electrified models on the market, and they are performing well in sales terms. A recent report from Car and Driver revealed that the GM-owned Chevy Bolt EV was the third most popular electric car so far this year. The Ford Mustang Mach-E was the fourth best-selling EV.

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Baua Electric

MARCH 10, 2024

Which affordable EV regained its EV tax credit eligibility this week? Rivian on Thursday provided the most significant future-product preview since the debut of its R1 series trucks at the 2018 LA auto show. Rivian used the moment to pause (and delay) plans for its massive Georgia plant to get the R2 to production by early 2025.

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Green Car Congress

MARCH 30, 2010

Advanced Mechanical Products, Inc. AMP), a company engaged in the conversion of new vehicles to all-electric powertrains, will debut the upfitted battery electric AMP 2010 GM Chevrolet Equinox at the New York Auto Show, which begins on 2 April. The 5-seater electric Equinox is priced below $50,000 (after government tax credits).

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Green Car Congress

FEBRUARY 16, 2010

Source: GM. Ethanol Conference, GM Vice Chairman Tom Stephens reaffirmed the company’s commitment to biofuels, asserting GM continue to believes that they are the best near-term solution to displace petroleum and to reduce the carbon footprint of driving. Source: GM. Click to enlarge. Click to enlarge. Earlier post.)

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