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General Motors sidesteps loss of EV tax credit to offer big discounts for customers

Teslarati

General Motors is sidestepping the loss of the electric vehicle tax credit on its vehicles and will still offer a big $7,500 discount on cars for customers. The Lyriq and Blazer EV will likely regain eligibility sometime early this year as GM plans to switch up sourcing so customers can take advantage of the tax credit.

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GM is giving a $7,500 incentive on EV models that lost tax credit eligibility

Baua Electric

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. GM to give $7,500 incentive for non-qualifying EVs Two weeks ago, GM said the new Chevy Blazer EV and Cadillac Lyriq would lose eligibility for the US EV tax credit at the beginning of 2024. Until then, GM will fill in the gap for buyers.

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Tesla Model Y lands in Top 10 best-selling cars in U.S. for 2022

Teslarati

The Tesla Model Y broke into the list of the Top 10 best-selling vehicles in the United States, data shows. With 252,000 units sold in the United States in 2022, the Tesla Model Y was the sixth-best-selling vehicle in the American automotive market. Data firm Motor Intelligence stated the Tesla Model Y saw a 32.4

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Does EV home-backup capability outmode the Tesla Powerwall?

Baua Electric

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. Tesla is also offering a Powershare feature with the Cybertruck —permitting 11.5

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Cadillac teases new Opulent Velocity performance EV concept, is it too little too late?

Baua Electric

General Motors has already pushed back production of several key electric models, including the Equinox EV, Silverado EV, and GMC Sierra Denali EV. After regaining eligibility for the $7,500 EV tax credit, the Chevy Blazer EV 2LT AWD starts at $42,695 (including the credit). appeared first on Bauaelectric Auto News.

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You can power your home for 21 days with a Chevy Silverado EV and GM’s new bidirectional charger

Baua Electric

Installation costs and taxes won’t be included and will vary, depending on a home’s existing setup and other things. But it’s comparable to other battery storage costs – a Powerwall costs $11,500 with a solar installation through Tesla – and GM’s system eliminates the need to install battery storage.

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Advocating electric in the heartland

Electric Auto Association

This has been in addition to the time he spends generating publicity for the causes in question, successfully getting the demand fee issue in the local news on several occasions. It’s theoretically supposed to make up for loss of gas tax revenue, but it’s just not fair,” said Schwanke. “I

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