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DOE awards $98M in tax credits to automakers and suppliers for clean technology manufacturing

Green Car Congress

The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment. Ford Motor Company. General Motors Company.

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Exclusive: 2023 Cadillac Lyriq Preview

Clean Fleet Report

Cadillac has tried electrifying cars before. Based on the Chevrolet Volt platform and technology, the ELR coupe was ahead of its time for the traditional Cadillac buyer, which was too bad. Then in 2017 along came the CT6 PHEV , an electrified version of Cadillac’s full-size, flagship sedan, but 2019 saw the end of this car.

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News: 2023 Chevrolet Bolt EV/EUV Get Big Price Drop

Clean Fleet Report

These big price reductions, $5,900 for the Bolt EV and $6,300 for Bolt EUV, makes them more competitive as Chevrolet no longer qualifies for the federal $7,500 tax credit. Bolt EUV $28,195 ($34,495). But it is more than that. Other than the price drop, the 2023 models are carryovers from 2022, when they were given extensive updates.

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Here are all the used EVs that qualify for a $4,000 tax credit

Baua Electric

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.

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What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

EV Adoption

Some of the EVs we saw in GM’s Design Dome (Cadillac Celestiq and probably the unnamed Buick crossover) are clearly targeted for China. And because many of these models would be higher-end GMC and Cadillac models, the overall average volume per model comes out to less than 13,400.

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Cadillac’s ambitious move to an all-electric luxury brand by 2030

Charged EVs

Among cutting-edge automotive buyers—the glitterati of Los Angeles, the tech millionaires of Silicon Valley, the finance titans of Wall Street—only one Cadillac is widely recognized. Yet Cadillac is leading the high end of General Motors’ ambitious move into EVs for all its brands. Rear of the 2023 Cadillac LYRIQ.