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Perspective: A View Into the New GM

Green Car Congress

The morning session started out with an hour long press conference, the highlight being the unveiling of the Volt’s 230 mpg preliminary EPA city fuel economy finding ( earlier post ), as well as a tour showing selected elements from the studios of the four GM North American brands: Chevrolet, GMC, Buick and Cadillac. Earlier post.).

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Convincing Consumers To Buy EVs

Cars That Think

Even if interest in purchasing an EV is increasing, close to 70 percent of Americans are still leaning towards buying an ICE vehicles as their next purchase. In the UK, only 14 percent of drivers plan to purchase an EV as their next car. EVs ain’t cheap Price is another EV purchase risk that is comparable to EV range.

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

EV Adoption

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable. More on this below.

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Senate Bill Seeks to Tariff Chinese Vehicles Out of Existence

The Truth About Cars

The plan included adding import taxes on Chinese vehicles assembled in Mexico, even though the USMCA (and NAFTA before that) would have normally given them preferential treatment. Despite having vanished from our roads, you can still purchase both as Chinese imports sold in Mexico. However, U.S.

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