Remove Affordable Remove Design Remove Mexico Remove Tax
article thumbnail

2025 Cadillac Optiq EV pivots to Millennials, goes soft on Art & Science

Baua Electric

While that price tag won’t be anywhere as affordable as the XT4 ($39,090 base), Cadillac’s gasoline-fueled compact entry SUV, if it qualifies for the $7,500 EV tax credit it will cost about the same, effectively, as today’s XT5 SUV ($47,290 base) while providing much more cargo and passenger space. There are many details to linger on.

article thumbnail

Can Fiat win over the hearts of Americans with its new, better 500e?

Baua Electric

It starts at a reasonable $32,500 plus a $1,595 destination fee, although it’s not eligible for the $7,500 federal tax credit. The 2024 version is made in the Mirafiori factory in Turin, Italy, compared to the 2019 built in Mexico.

Solar 52
article thumbnail

Ford Investing $550M to Retool SUV Plant to Produce Focus Small Car and EV

Green Car Congress

To produce the vehicles, Ford is converting three truck and SUV plants to car plants—Michigan Assembly, Cuautitlan Assembly in Mexico, which begins building the new Fiesta subcompact early next year; and Louisville (Ky.) Local property tax incentives for new investments at the site.

Ford 186
article thumbnail

Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

It will also list current tax credits and incentives applicable to EV charging. The DOT is now soliciting nominations from State and local officials to assist in making designations for alternative fuel corridors. potential longer-term innovations including evolution up to 350 kilowatt (kW) fast charging.

Obama 150
article thumbnail

XC90 Recharge review, Polestar 3, Rivian R3, EV tax credit update: The Week in Reverse

Baua Electric

4 to the list, we revisited and updated our roundup of which 2024 EVs qualify for the $7,500 EV tax credit. While the language remains tentative, such a solution might help both automakers with EV affordability. bound EVs in Mexico, it may be time to take action—if Congress can come to an agreement on how exactly to do it.

article thumbnail

Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

But it will take decades to shift most freight from trucks to trains, design walkable communities, shorten our commutes, and build better mass transit and high-speed rail networks. Right now, buyers of new plug-in cars get up to $7,500 in tax credits. Tuesday night, President Obama will speak to the nation about the Gulf catastrophe.

Oil 252
article thumbnail

Flash Drive: 2024 Chevrolet Equinox EV

Clean Fleet Report

One-pedal driving with regenerative braking did exactly what it was designed to do. All prices include the mandatory destination charge, but not any federal or EV state tax incentives or credits. Check with your local Chevrolet dealer and your tax accountant to get a full understanding of what an Equinox EV will cost.