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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Electrek

JULY 28, 2022

The new bill is going to include the long-awaited electric vehicle tax credit reform that is going to give back access to the tax credit to Tesla GM vehicles, along with other changes.

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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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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 said the stop-sale was non-safety-related and affected a limited number of vehicles. Last month, GM’s CEO Mary Barra confirmed Chevy Blazer EV sales were still halted.

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EV Adoption

AUGUST 18, 2021

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). What is less clear is how Tesla and GM will handle leases.

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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. The Inflation Reduction Act was signed into law yesterday and for electric vehicles, it changed a few things. BMW 3-series Plug-In. Chrysler Pacifica PHEV.

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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.

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Baua Electric

JANUARY 3, 2024

Electric vehicles for under $20,000 are already here. 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. Chevy Bolt EV (Source: GM) Chevy ended Bolt EV production at the end of the year as it focuses on ramping up its Ultium-based models.

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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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CleanTechnica EVs

DECEMBER 31, 2022

The Treasury Department is writing rules for the federal EV tax credit that some think are not in line with the intent of the IRA.

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EV Life

OCTOBER 7, 2023

The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.

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CleanTechnica EVs

NOVEMBER 3, 2021

So, I may be getting ahead of myself by discussing upcoming EV tax credits. As currently written, they’d give GM and Tesla buyers access to the tax credits again, but give US-made and […].

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CleanTechnica EVs

JUNE 15, 2022

Some experts argue that the current tax credit doesn't begin to address the needs for transitioning to zero emissions, all-electric transportation.

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CleanTechnica EVs

JANUARY 22, 2023

It had started off as a car that had beat the $35,000 Tesla Model 3 to market, but for a variety of reasons (including being outsold by 10× by the Tesla Model 3, losing the $7,500 tax credit, no significant updates in 4 years and […]

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CleanTechnica EVs

DECEMBER 22, 2023

Tax credits for electric cars are changing on January 1, 2024 and there will be winners and losers as manufacturers scramble to adjust. The post Some GM, Ford Models Will Lose EV Incentives While Some Buick And Ford Dealers Refuse To Sell Electric Cars appeared first on CleanTechnica.

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Green Car Congress

MARCH 21, 2012

Colorado residents who purchase or lease a new Chevrolet Volt are eligible for a state tax credit of up to $6,000 in addition to a federal tax credit of up to $7,500 for a total price reduction of as much as $13,500. A tool to determine specific state or local electric vehicle tax credits is available here.

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Green Car Reports

JANUARY 2, 2019

The wind-down of federal tax credits on plug-in vehicles begins to hit in 2019. Tax credits for Tesla buyers were already reduced to $3,750 on Tuesday. The same reduction is scheduled to hit GM's plug-in models, the Chevy Volt and Bolt EV on April 1.

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Green Car Reports

NOVEMBER 30, 2018

Members of the lame-duck Congress all got letters on their desks Tuesday stating why the electric-car tax credit should be revised and extended.

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Green Car Reports

OCTOBER 24, 2018

GM is next, after Tesla, in hitting the 200,000 ceiling for the EV tax credit. And electric-vehicle hopeful Dyson is soon starting a factory, as Faraday Future's struggles continue. The EPA dismisses some more groups of scientists. All this and more on Green Car Reports.

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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. With Chevy Bolt EV sales down 64% to just 7,040, GM lost market share from Q4.

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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. With Chevy Bolt EV sales down 64% to just 7,040, GM lost market share from Q4.

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Baua Electric

MARCH 8, 2024

GM announced Friday that it’s dropping prices by up to $6,520 on its 2024 Chevrolet Blazer EV , while resuming sales and deliveries of the model to customers. They come after owners and reviewers reported a range of interface glitches, some of which appeared to interfere with the ability to charge and drive the vehicle.

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Green Car Reports

FEBRUARY 15, 2021

As GM prepares for the introduction of two very upscale electric vehicles, the GMC Hummer EV and the Cadillac Lyriq, the Bolt lineup plays an important role, it faces one pesky problem.

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Green Car Reports

OCTOBER 24, 2018

Beginning next April, buyers of General Motors’ electric vehicles and plug-in hybrids won’t be getting the same break on their purchase as those who buy those vehicles from any other brand. GM has confirmed to Green Car Reports that it will reach 200,000 deliveries of vehicles eligible for the.

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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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Green Car Reports

FEBRUARY 22, 2018

market without the $7,500 federal tax credit for their purchases of plug-in vehicles. While the tax credit ended up surviving the massive tax-cut bill passed in December, some automakers are still about to face the end of the incentive. As designed and implemented in.

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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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Green Car Congress

APRIL 14, 2017

Running our autonomous vehicle program as a start-up is giving us the speed we need to continue to stay at the forefront of development of these technologies and the market applications. —GM Chairman and CEO Mary Barra. The incentive was approved by the California Competes Tax Credit Committee at a meeting in Sacramento.

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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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Baua Electric

MARCH 18, 2024

The EV press has covered GM’s problems with its new Ultium vehicles in great detail, so now that the company has its new Chevrolet Blazer EV back on the market, it’s only fair that we report on how the company overcame the software issues that forced it to pause sales. The Blazer is eligible for the $7,500 federal tax credit.

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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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The Truth About Cars

MARCH 13, 2024

While the Lyriq is a somewhat traditional premium electric vehicle, the Celestiq pits the Cadillac name head to head with luxury heavyweights Rolls-Royce and Bentley. That said, GM hasn’t had the smoothest rollout with its other electric models. That said, GM hasn’t had the smoothest rollout with its other electric models.

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Baua Electric

JANUARY 25, 2024

Hyundai sold 268,785 EVs in 2023 During the last three months of 2023, Hyundai sold over 57,975 electric vehicles globally. Hyundai accelerated construction to take advantage of government incentives like the $7,500 tax credit. If you’ve been eyeing Hyundai’s electric vehicles, now may be a great time to shop.

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Teslarati

NOVEMBER 15, 2023

Tesla’s advertising efforts have expanded to YouTube, as observed by members of the electric vehicle community. The recently observed ad on YouTube focused on the safety of Tesla’s vehicles, which is arguably one of the best selling points for the company’s electric cars. YouTube has over 2.7

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CleanTechnica EVs

JUNE 13, 2022

You know something's screwy when Joe Manchin kind of makes sense.

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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

MARCH 13, 2024

But with GM falling behind in the EV market, is a concept enough at this point? On the top of GM’s to do list this year is “getting vehicles out there right and getting the software,” according to Barra. GM lowered Blazer EV prices by up to $6,500. A more affordable Blazer EV is set to debut later this year.

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