EV Life

MAY 19, 2023

The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. dependence on China.

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Baua Electric

MARCH 9, 2024

The Blazer price cuts and restored tax credit bring the effective price for qualified buyers down to USD 42,695 from the original USD 56,715 for the lowest-priced model. USD 7,500 EV tax credit after new battery sourcing rules from the U.S. 4, Honda Prologue and Cadillac Lyriq. Treasury on Jan.

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Baua Electric

FEBRUARY 2, 2024

Dealers think the Biden administration’s EV policies are forcing the auto industry to move ahead of market demand, according to a new Automotive News survey. Surprisingly, 57% of respondents thought that the new point-of-sale rebate for the federal EV tax credit would have no effect on EV sales, or they were unsure.

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Baua Electric

APRIL 23, 2024

GM’s Cadillac Lyriq and GMC Hummer EV both saw solid sales growth in Q1, with 5,800 (+499%) and 1,668 units sold, respectively. 2024 Cadillac Lyriq models (Source: GM) Cadillac’s Lyriq accounted for 20% of brand sales in Q1, second to only the Escalade. Chevy’s Blazer EV is also eligible for the $7,500 tax credit.

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Baua Electric

APRIL 23, 2024

GM’s Cadillac Lyriq and GMC Hummer EV both saw solid sales growth in Q1, with 5,800 (+499%) and 1,668 units sold, respectively. 2024 Cadillac Lyriq models (Source: GM) Cadillac’s Lyriq accounted for 20% of brand sales in Q1, second to only the Escalade. Chevy’s Blazer EV is also eligible for the $7,500 tax credit.

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Baua Electric

APRIL 1, 2024

2026 Cadillac Vistiq However, the Department of Energy’s “foreign entity of concern” language introduced into the EV tax credit rules now applies to manufacturing and assembly, as well as much of the supply chain—and to companies incorporated in China or in which the Chinese government has a 25% or larger stake.

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Electric Auto Association

JULY 2, 2022

Cadillac Celestiq teased. Ultra-luxury coming Cadillac’s new, hand-built Celestiq was teased as its future flagship vehicle. EV racing Festival of Speed UK event shows EVs could soon dominate auto racing. GM is slashing prices and offering retroactive discounts on Chevy Bolt electric vehicles (TVs). Buick Wildcat concept.

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Baua Electric

MARCH 8, 2024

As previously priced, the top of the Blazer EV lineup topped the price of the Cadillac Lyriq. The Blazer EV is also now fully eligible for the $7,500 EV tax credit. That aligns the Blazer EV to make a lot more sense versus other Ultium models from elsewhere in the GM family.

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Baua Electric

MARCH 15, 2024

Model 3 registrations were down 23% after losing the $7,500 EV tax credit. Kia EV9 (Source: Kia) Other automakers, including BMW, Mercedes-Benz, and Cadillac, saw EV registration growth in January. FTC: We use income earning auto affiliate links. The data is significant as not all automakers release monthly sales numbers.

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EV Life

JUNE 8, 2023

The Model Y qualifies for the full $7,500 federal EV tax credit. At the moment, the Mach-E only qualifies for half of the federal EV tax credit, providing eligible drivers a credit of up to $3,750. The Chevy Bolt EUV also qualifies for the full $7,500 federal EV tax credit. The other upside?

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Baua Electric

FEBRUARY 1, 2024

of 2nd-row legroom, the EV9 tops rivals, including the Cadillac Escalade, Land Rover Range Rover P400 3-Row, and Mercedes EQS SUV. Kia is building the EV9 in South Korea, but production is slated to move to its West Point, GA, plant early this year to take advantage of the federal tax credit. With 42.8″

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Baua Electric

MARCH 11, 2024

Hyundai’s first three-row electric SUV debuted as the SEVEN concept at the 2021 LA Auto Show, suggesting it would go by the IONIQ 7. of rear legroom, which is more than the Cadillac Escalade, Mercedes EQS, and three-row Range Rover P400. FTC: We use income earning auto affiliate links. The platform enables the EV9’s 42.8″

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Baua Electric

APRIL 25, 2024

It confirmed that the 2024 GMC Sierra EV Denali Edition 1, 2024 Chevrolet Blazer EV, 2024 Chevrolet Equinox EV , 2024 Cadillac Lyriq, and the future Cadillac Escalade IQ will also be part of that rollout. appeared first on Bauaelectric Auto News. The post Does EV home-backup capability outmode the Tesla Powerwall?

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Baua Electric

MARCH 4, 2024

Although Hyundai’s first three-row electric SUV debuted as the SEVEN concept at the 2021 LA Auto Show, reports suggest it will now go by the IONIQ 9. That’s more than the Cadillac Escalade, 3-row Land Rover Range Rover P400, and Mercedes EQS. billion Metaplant to qualify for the $7,500 federal tax credit. of rear legroom.

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Baua Electric

JANUARY 23, 2024

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.

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EV Adoption

FEBRUARY 7, 2021

In March of 2020, I and an estimated 75-100 auto/EV journalists and influencers got to see (but not photograph) 10 of GM’s future EVs. Some of the EVs we saw in GM’s Design Dome (Cadillac Celestiq and probably the unnamed Buick crossover) are clearly targeted for China. GM’s Latest EV Developments.

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Baua Electric

JANUARY 3, 2024

And it’s a better deal than ever now that the US EV tax credit is now easier to get for low-income buyers and available upfront as well, making it possible to get a Bolt for under $20k off the lot. FTC: We use income earning auto affiliate links. EV share appeared first on Bauaelectric Auto News. 3% is pathetic.

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EV Life

MAY 5, 2023

You should consult your own tax, legal and accounting advisors before engaging in any transaction. Federal EV Tax Credit To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car.

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Baua Electric

JANUARY 2, 2024

The list of electric vehicles qualified for the EV tax credit in calendar year 2024 has been released. And as anticipated by automakers in recent weeks, the Chevrolet Blazer EV and Cadillac Lyriq don’t yet make the list, while the Ford Mustang Mach-E is for now completely disqualified. And as expected, it’s very short.

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Baua Electric

JANUARY 22, 2024

A quick Kia EV9 recap leading up to the test drive This latest drive event (personally my first with Kia) was three years in the making, as the EV9 SUV’s origin dates back to its debut as a concept at the LA Auto Show in 2021. FTC: We use income earning auto affiliate links. inches Second Row: 38.8 inches Third Row: 39.5 I’d argue no.

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Baua Electric

MARCH 8, 2024

The 2024 Honda Prologue and 2024 Acura ZDX will both qualify for the full $7,500 federal EV tax credit, Honda and its Acura luxury brand have confirmed. The tax credit drops the Prologue’s base price to $41,295 with destination. 2024 Acura ZDX The tax credit brings the ZDX’s base price below $60,000.

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EV Adoption

NOVEMBER 29, 2021

In my previous article, Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives , I outlined and analyzed 13 proposed changes to IRC 30D (federal EV tax credit). But all of these PHEVs have batteries of around 9 kWh and so they could easily be upgraded to 10 kWh to qualify for the tax credit.

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EV Adoption

AUGUST 23, 2021

One of the proposed changes to the federal EV tax credit that has flown a bit under the radar is also one of the most political and protectionist in nature. Effective January 1, 2022, electric vehicles with final assembly* (see definition at the end) in China would no longer qualify for IRC 30D (federal EV tax credit).

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Clean Fleet Report

MAY 2, 2024

Co-developed with General Motors, the midsize ZDX rides on the Ultium platform that is also shared with the Cadillac Lyriq, Chevrolet Blazer and Equinox EVs. inch horizontal color touchscreen display that houses the 18-speaker Bang & Olufsen premium audio system with wireless Android Auto and Apple CarPlay.

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Baua Electric

MAY 3, 2024

Cadillac gets cold feet about its 2030 end date for gasoline. And Biden agencies ease one area of the EV tax credit that could mean more qualifying EVs. According to recent comments from top executives, GM’s Cadillac luxury brand might not go all-EV by 2030 as previously said. This and more, here at Green Car Reports.

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Baua Electric

JANUARY 27, 2024

4 models qualify for the $7,500 EV tax credit , making it the first foreign automaker to get the nod under tightened sourcing rules. 4 EV tax credit; Subaru Solterra update; Macan, Prologue, and ZDX pricing: The Week in Reverse appeared first on Bauaelectric Auto News. population.

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Clean Fleet Report

JUNE 21, 2022

SiriusXM, AM/FM/HD radio, Android Auto and Apple CarPlay are included, with Bluetooth voice commands for the radio and the telephone. All Genesis electric vehicles qualify for the federal tax credit and state rebates. The dash has a 14.25-inch A solid step in Genesis’ EV future. But what is the G80 EV selling against?

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EV Adoption

JANUARY 2, 2023

Hailed as a huge win for auto manufacturers, car dealers, and consumers, the Clean Vehicle Credit (CVC) which is part of Inflation Reduction Act (IRA), at least for now is a confusing, hot mess for everyone involved. A phaseout of the tax credit occurred over several quarters down to zero. Confused yet?

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Baua Electric

MAY 4, 2024

2024 Jeep Gladiator GM’s Cadillac luxury brand might not go all-EV by 2030 as previously said. Follow Green Car Reports on Facebook and Twitter The post Lucid Gravity drive, Acura ZDX review, Jeep plug-in hybrid pickup: The Week in Reverse appeared first on Bauaelectric Auto News.

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Baua Electric

MAY 2, 2024

2024 Acura ZDX will feature popular Google apps built in ZDX doesn’t omit CarPlay or Android Auto All models come with an 11.0-inch inch touchscreen are easy to hit, and the ZDX offers both Android Auto and Apple CarPlay—unlike some Ultium-based EVs sold by GM. inch digital instrument cluster; the Type S adds a head-up display.

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Baua Electric

MAY 2, 2024

By January 2024, we got official pricing, which was a bit higher than initially promised unless you include the maximum federal tax credits available in the US, which this model should qualify for. FTC: We use income earning auto affiliate links.

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Clean Fleet Report

JANUARY 23, 2024

The EV9 also has the very handy auto hold feature where, at a stop light, the brakes are automatically applied, relieving the driver and reducing right leg fatigue from pressing on and holding the brake pedal. The auto-dimming and rear view camera mirror is Homelink-equipped. inches of ground clearance.

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EV Adoption

AUGUST 4, 2022

Additionally, the IRA could actually receive enough votes to pass, but not without potentially several significant changes — including to some of the EV tax credit requirements. Thanks to Edward Stewart at Autos Drive America for the above summary.). Joe Manchin, via the Wall Street Journal.

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EV Life

SEPTEMBER 2, 2022

The passage of the US Inflation Reduction Act includes nearly unlimited funding for a $7500 EV tax credit on new EVs through 2032. Electric cars will qualify for EV tax credits and the qualification rules for credits will be really confusing. 2022 EV Tax Credits. What about EV tax credits in 2023?

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Charged EVs

SEPTEMBER 23, 2022

Among cutting-edge automotive buyers—the glitterati of Los Angeles, the tech millionaires of Silicon Valley, the finance titans of Wall Street—only one Cadillac is widely recognized. Yet Cadillac is leading the high end of General Motors’ ambitious move into EVs for all its brands. Rear of the 2023 Cadillac LYRIQ.

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EV Adoption

NOVEMBER 26, 2021

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.

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