Teslarati
APRIL 17, 2023
General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. Fleet customers including for BrightDrop and the Chevrolet Silverado EV will benefit from the $7,500 commercial incentive,” stated General Motors. The Ultium line will likely adhere to the U.S.
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 same period last year.
Green Car Congress
SEPTEMBER 15, 2022
With a starting USmanufacturer’s suggested retail price (MSRP) of $53,995 (excluding $7,500 tax credit and $1,595 destination), the Willys 4xe brings a new entry price point to the Wrangler 4xe lineup, joining Rubicon 4xe, High Altitude 4xe, and Sahara 4xe. A second high-voltage motor generator is much more powerful.
Teslarati
MARCH 16, 2023
Foxconn, the iPhone manufacturer that bailed out Lordstown Motors from bankruptcy, announced that it would build electric vehicle batteries in Wisconsin and Ohio on Thursday, hoping to take advantage of the Inflation Reduction Act that incentivizes domestic cell manufacturing. The sale was finalized in May 2022.
Green Car Reports
FEBRUARY 12, 2014
Today on Green Car Reports: Georgia may kill its $5,000 electric-car tax credit, Ohio car dealers renew their legislative fight against Tesla Motors, and 2010 through 2014 Toyota Prius hybrids are being recalled. All this and more on Green Car Reports.
Teslarati
JANUARY 7, 2024
In June, Honda and LG Energy Solution (LGES) broke ground on a new EV plant in Jeffersonville, Ohio. It’s also expected to help the automaker gain access to EV tax credits in the U.S. The facility is expected to employ a total of 2,527 workers, and Honda expects the facility to be completed by the end of 2024.
Green Car Congress
DECEMBER 15, 2015
General Motors will invest more than $356 million in a new engine line in Flint and driveline and powertrain components in Saginaw and Grand Rapids, creating more than 50 jobs and helping to retain nearly 500 positions. D-Max/Moraine, Ohio: $82 million for productivity improvements. Defiance, Ohio: $100 million for engine components.
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