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GM aims to catch Tesla’s EV market share by 2025

Teslarati

With the GMC Hummer EV, Cadillac Lyriq, and the most affordable versions of the Chevrolet Bolt set to be released, GM also plans to have at least 30 EVs in its lineup by 2025. However, a report from Reuters stated that GM plans to expand its EV lineup to 20 by 2028. GM has had a tumultuous 2021 so far.

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Update: Top 10 Electric Cars

Clean Fleet Report

The Model 3 its affordable ($35,000 as it was originally advertised, though most have sold for more), smaller model changed everything. Bolts jolts the market with 200+ miles of range and an affordable price. Flash Drive: 2022 Chevrolet Bolt EUV ; News: GMC Hummer EV First Edition Sells Out ; Cadillac Lyric First Look.

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

EV Life

Their popular and affordable Bolt EV and Bolt EUV have had huge success, and the automaker is continuing to expand its electric offerings in the coming years. The Lightning is expected to compete against similar electric trucks like the aforementioned Chevy Silverado EV, GMC’s Hummer EV, the Rivian R1T , and the Tesla Cybertruck.

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Proposed Changes to Federal EV Tax Credit – Part 3: MSRP Must Be Less Than $80,000

EV Adoption

If the regulation refers to vehicle “lines” — then as long as any version of a model, for example, Lucid Air, Tesla Model S, GMC Hummer EV, etc., The GMC Hummer EV is expected to launch by the end of 2021 with its Edition 1 variant at an estimated MSRP of $112,595.

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Is Elon Musk Back In “Production Hell” With Tesla’s 4680 Battery?

Cars That Think

Viswanathan notes that, by packing in more active battery material via 4680 cells and structural packs, LFP could enjoy a serious boost in driving range at an ultra-affordable cost. Musk himself stated that LFP may make up 50 percent of all lithium-ion cells in cars, versus fewer than 10 percent today.

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

The credit is not available for Tesla vehicles acquired after December 31, 2019 and General Motors EV purchased after March 31, 2020. This would encourage automakers to shift their focus to producing more affordable and higher-volume EVs which would help get them into more driveways of average Americans. Effective Date: Jan 1, 2022.