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GM’s Cadillac set to eliminate 40% of dealerships in $274M restructuring project

Teslarati

General Motors’ Cadillac brand is set to eliminate around 40% of its U.S. dealerships and roll out a new electric SUV, hoping to ease into a more-committed adoption of electric vehicles. Cadillac, one of GM’s luxury brands, is planning to make a more committed effort toward electrification starting at the dealership level.

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GM boosting production of Chevrolet Bolt EV more than 20% for Q4 compared to three-quarter average; 1% of US 1H vehicle deliveries

Green Car Congress

US and global demand for the Chevrolet Bolt EV has been very strong in 2018, with global sales estimated to be up more than 35% year over year in the second quarter and up more than 40% in the first half, according to GM. Bolt US deliveries in the first half of 2018 represented 1% of all GM vehicle deliveries during the period.

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GM boosting production of Chevrolet Bolt EV more than 20% for Q4 compared to three-quarter average; 1% of US 1H vehicle deliveries

Green Car Congress

US and global demand for the Chevrolet Bolt EV has been very strong in 2018, with global sales estimated to be up more than 35% year over year in the second quarter and up more than 40% in the first half, according to GM. Bolt US deliveries in the first half of 2018 represented 1% of all GM vehicle deliveries during the period.

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GM planning to “own” the customer relationship beyond the vehicle; autonomous Volts, car sharing and fuel cells

Green Car Congress

GM has been testing its “Super Cruise” autonomous driving technology since 2012, and confirmed today the feature will be available in the 2017 Cadillac CT6. The fleet currently includes eight Chevrolet Trax small SUVs and two Chevrolet Equinox compact SUVs, with more vehicles to be added later. Let’s Drive NYC. eBike Concept.

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

Baua Electric

Per the IRS: Beginning January 1, 2023, if you buy a qualified previously owned electric vehicle (EV) or fuel cell vehicle (FCV) from a licensed dealer for $25,000 or less, you may be eligible for a previously owned clean vehicle tax credit under Internal Revenue Code Section 25E. As long as they fit certain criteria.

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Price Parity is Not the Key to EV Adoption in the US

EV Adoption

According to BNEF, even if prices for nickel, cobalt, lithium, and other raw materials used in batteries return to the highs seen in 2018, $100/kWh packs would be delayed by only a couple of years. In addition to trucks, SUVs, and more affordable EVs – American consumers need more choice.

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