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

Teslarati

General Motors CEO Mary Barra says the Detroit automaker is “absolutely” capable of catching Tesla’s EV market share in the United States by 2025. 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.

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Update: Top 10 Electric Cars

Clean Fleet Report

The only upgrade is the Plaid version that features even faster acceleration from three motors, producing sub-two second 0-60 runs. The Model 3 its affordable ($35,000 as it was originally advertised, though most have sold for more), smaller model changed everything. Chevrolet Bolt/Bolt EUV – Waiting for more GM EVs.

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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

The provision requires that a new qualified plug-in electric drive motor vehicle purchased by the taxpayer has a manufacturer’s suggested retail price (MSRP) of $80,000 or less. 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.,

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

Cars That Think

A so-called "structural battery pack" (also called "cell-to-pack" construction), touted as a Tesla innovation, is in fact already a staple of several EVs, especially in China—including General Motors' red-hot, roughly $5,000 Wuling Mini. It's basically a giant box without dividers," Munro says.

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

EV Adoption

To date, two manufacturers — Tesla and General Motors — saw the tax credit phaseout completely. The credit is not available for Tesla vehicles acquired after December 31, 2019 and General Motors EV purchased after March 31, 2020. Effective Date: Jan 1, 2022. Option to Convert the Tax Credit to a Time of Purchase Rebate.