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GM expects Chevrolet Silverado EV to get full $7,500 tax credit

Teslarati

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. The legacy automaker recently announced that its customers will benefit from the full $7,500 clean vehicles purchase incentive across its entire EV fleet lineup under a given MSRP cap.

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Putting the “Utility” in Sport Utility Vehicle: Which Electric SUVs Perform Best Off-Road?

EV Life

These combination car-and-SUVs have become immensely popular for a variety of reasons. The second reason EV crossovers are so popular with automakers is the vehicle classification standards put forth by the Treasury Department to determine whether a vehicle is a car, SUV, truck, or van. Where Are All the True SUVs?

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Tesla rivals face rising inventory — and it’s becoming an issue

Teslarati

Cox also found that about 51% of consumers are now considering the purchase of a new or second-hand EV. Audi’s Q4 e-tron and Q8 e-tron, as well as the GMC Hummer EV SUV, have inventories that are well above 100 days. Electric cars currently account for about 6.5% of the country’s automotive sector.

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The Hottest EVs Coming Out in 2023-2024 and How to Save Big on Them

EV Life

There are dozens of new electric cars, trucks, and SUVs set to debut throughout 2023-2024, which is great news for drivers that are looking for the right EV to fit their needs. The Chevy Blazer is one of the most iconic SUVs ever made, and the Blazer EV is the newest addition to its storied legacy.

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3 Scenarios That Would Make An EV Ineligible For the Federal EV Tax Credit

EV Adoption

In my previous article, Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives , I outlined and analyzed 13 proposed changes to IRC 30D (federal EV tax credit). But all of these PHEVs have batteries of around 9 kWh and so they could easily be upgraded to 10 kWh to qualify for the tax credit.

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NTSB Head Raises Concerns on the Aftermath of Collision Between EVs & Lighter Vehicles 

Get Electric Vehicle

She mentioned that an electric GMC Hummer weighs about 9,000 pounds (4,000 kilograms), with a battery pack that weighs 2,900 pounds (1,300 kilograms) on its own which is roughly the weight of a regular Honda Civic. She claims that the Mustang Mach E electric SUV and the Volvo XC40 EV are around 33% heavier than their fuel versions.

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Solving the Electric Vehicle Charging Conundrum

Cars That Think

An electric SUV is going to have more aerodynamic drag than an electric sedan like a Tesla Model S or Lucid Air. There are also, incidentally, income tax credits at the federal and state levels for installation of EV charging equipment. It doesn't cover the whole thing, but you do get a chunk of it back as a tax credit.