Baua Electric

APRIL 23, 2024

After losing EV market share in the US in the first three months of 2024, GM believes it can turn things around. GM expects new models like the Chevy Equinox EV and improved battery production will help regain EV market share in the second half of the year. With Chevy Bolt EV sales down 64% to just 7,040, GM lost market share from Q4.

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Baua Electric

APRIL 1, 2024

GM already works closely with CATL, but that relationship is limited to the China market. or Mexico, along with a GM license agreement for CATL’s LFP battery tech. or Mexico, along with a GM license agreement for CATL’s LFP battery tech. General Motors is negotiating a U.S. car manufacturing.”

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Baua Electric

MARCH 8, 2024

GM announced Friday that it’s dropping prices by up to $6,520 on its 2024 Chevrolet Blazer EV , while resuming sales and deliveries of the model to customers. GM paused sales of the Blazer EV in December. 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 28, 2024

General Motors (GM) is reportedly in talks with battery giant CATL to license its cheaper LFP battery tech. After software glitches, freight delays, and other issues caused GM to miss its EV sales target in 2023, the company believes “production hell” is behind it. Ford announced a $3.5

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Baua Electric

FEBRUARY 8, 2024

In this newly-created position, Kelty will be tasked with bringing together GM’s development resources “to more quickly deliver profitable, lower-cost, higher performing electric vehicles to customers at scale,” and will report directly to GM president Mark Reuss, the automaker said in a press release.

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Baua Electric

FEBRUARY 9, 2024

According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit. A year later, the company announced that 99.9% Although Hyundai initially planned to begin construction in early 2023, the company pushed ahead after the Inflation Reduction Act was passed.

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Setec Powerr

SEPTEMBER 20, 2022

President Joe Biden (Joe Biden) attended the Detroit Auto Show on Sept. 14, thus making more people aware of the accelerating transition to electric vehicles by automakers and the billions of dollars companies are investing in building battery plants. greeted Biden on the auto show floor. Although Biden and the U.S. In the U.S.

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Baua Electric

MARCH 18, 2024

The EV press has covered GM’s problems with its new Ultium vehicles in great detail, so now that the company has its new Chevrolet Blazer EV back on the market, it’s only fair that we report on how the company overcame the software issues that forced it to pause sales. The Blazer is eligible for the $7,500 federal tax credit.

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Baua Electric

JANUARY 3, 2024

2023 Chevy Bolt EUV (Source: Chevrolet) GM has released its Q4 sales numbers , showing Ultium still ramping steadily, but overall EV sales are down as its best-selling model, the Bolt, winds down as Chevy takes it off the market in its best year of sales ever – leaving GM with only 3.1% EV share, well below the US average.

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Baua Electric

JANUARY 10, 2024

The Korean automakers surged past Ford and GM with stylish, functional EVs built for the modern era. Meanwhile, Tesla wasn’t the only company with record EV sales last year. Meanwhile, GM sold around 72,639 EVs in 2023, with the Chevy Bolt accounting for over 85%. million EVs were handed over in the US last year.

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The Truth About Cars

MARCH 13, 2024

The brand doesn’t currently offer a performance EV, but hot sedans are nothing new to the company. That said, GM hasn’t had the smoothest rollout with its other electric models. Several GM EVs also lost federal tax credit eligibility, though that will likely change before too long.

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EV Adoption

FEBRUARY 23, 2021

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit. It won’t solve the problem.

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Baua Electric

JANUARY 19, 2024

Production of Lyriq has been far behind initial targets, hamstrung mainly by an issue with assembling battery modules that has crimped GM’s EV plans. ” High borrowing costs have dented consumer sentiment and several companies have warned of a slowdown in demand for EVs. Lyric was one of a number of EVs that lost a U.S.

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Baua Electric

MARCH 21, 2024

After GM drastically cut the starting price of the new Chevy Blazer EV , early buyers are now eligible for a reimbursement of up to $6,520. Chevy offers early Blazer EV buyers reimbursement GM finally lifted the Blazer EV stop-sale after nearly three months in early March.

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Green Car Congress

DECEMBER 11, 2013

General Motors announced it will transition to a national sales company in Australia and New Zealand. The company will discontinue vehicle and engine manufacturing and significantly reduce its engineering operations in Australia by the end of 2017. —GM Chairman and CEO Dan Akerson.

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Green Car Congress

MARCH 30, 2010

AMP), a company engaged in the conversion of new vehicles to all-electric powertrains, will debut the upfitted battery electric AMP 2010 GM Chevrolet Equinox at the New York Auto Show, which begins on 2 April. The 5-seater electric Equinox is priced below $50,000 (after government tax credits). Earlier post.).

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Baua Electric

JANUARY 3, 2024

GM and the National Highway Traffic Safety Administration are recalling 265 units of the 2024 Chevy Equinox, 2024 Chevy Blazer, 2024 Chevy Blazer EV, and 2024 GMC Terrain due to defective door strikers that were installed incorrectly by a faulty heat treatment during the assembly. So the company has definitely seen better days.

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Teslarati

JANUARY 7, 2024

The automaker is looking at multiple potential locations in the North American country, including a site in Ontario that’s near a currently existing auto plant. Honda would be aiming to have the facility operational by 2028, and the company is planning to decide on a specific location by the end of this year.

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Teslarati

FEBRUARY 2, 2022

“In the auto industry, Detroit is leading the world in electric vehicles. I can remember your dramatic announcement that by 2035, GM would be 100% electric. You led, and it matters,” Biden said last November during GM’s opening of its Factory Zero facility. . share of the US EV market in the fourth quarter. .

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Electric Auto Association

JULY 2, 2022

Extreme EVs, Hyundai, GM, Ferrari, and more. GM Retroactive refund! GM is slashing prices and offering retroactive discounts on Chevy Bolt electric vehicles (TVs). EV racing Festival of Speed UK event shows EVs could soon dominate auto racing. GM EV Hummers on assembly line. Chevrolet Bolt. Buick Wildcat concept.

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Baua Electric

JANUARY 25, 2024

The company saw solid sales growth across key markets, including North America, Europe, and India. Meanwhile, Hyundai said it expects the global auto market to continue growing in the future as the shift to electric heats up. 2024 Hyundai IONIQ 6 Limited (Source: Hyundai) The company said 99.9%

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EV Connect

FEBRUARY 8, 2024

Leading auto dealers see that the near-term trend is electric and are adopting their businesses to sell more EVs. Keep Costs Manageable The price tag of installing EV charging stations can be a hurdle for auto dealerships, but there are options to lower this barrier. 2023 was a record year in EV adoption, with 1.2 increased from 1 6.5

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Baua Electric

MARCH 10, 2024

Which affordable EV regained its EV tax credit eligibility this week? Rivian on Thursday provided the most significant future-product preview since the debut of its R1 series trucks at the 2018 LA auto show. GM confirmed Friday a huge price cut for the 2024 Chevrolet Blazer EV , as it resumed deliveries on the model.

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EV Connect

AUGUST 22, 2022

With strong policy support and aggressive climate initiatives , prioritizing plug-in hybrids and fully electric vehicles makes more sense for auto dealers than ever. Despite the need, though, many auto dealers are hesitant to take on the significant cost of adding EV charging stations to their dealerships. In the U.S. and Canada.

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Green Car Congress

MARCH 30, 2009

In a statement livecast on the Internet by the White House, President Barack Obama said that neither of the restructuring plans submitted by GM and Chrysler “ goes far enough to warrant substantial new investment. ”. The government will provide GM with “ adequate working capital ” for 60 more days to “ produce a better business plan ”.

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Baua Electric

APRIL 17, 2024

BCG estimates that most automakers lose around $6,000 on each EV they effectively sell for $50,000, that price accounting for any tax credits or other incentives the customer might be eligible for. GM was supposed to be producing hundreds of thousands of its Ultium EVs annually by now. appeared first on Bauaelectric Auto News.

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Baua Electric

FEBRUARY 2, 2024

In July 2022, the companies announced a hydrogen-powered IVECO BUS based on Hyundai’s fuel cell system. Hyundai Motor (including Kia) topped Ford and GM in EV sales last year despite not qualifying for the EV tax credit (only through leasing). FTC: We use income earning auto affiliate links.

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Green Car Congress

AUGUST 30, 2009

On 11 August, GM invited approximately 75 journalists and auto analysts to spend a day learning about the new GM. The day was split between a morning session at the GM tech center in Warren and an afternoon session at the GM proving grounds in Milford, MI. GM’s identify in the US starts with its four core brands.

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Baua Electric

FEBRUARY 27, 2024

Hyundai initially planned to begin production early next year, but the automaker is plowing ahead with the $7,500 federal tax credit on the line. Munoz said the company was “very proud that Hyundai’s investments in Georgia will create tens of thousands of great paying American jobs” while bringing tens of billions into the state.

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Baua Electric

JANUARY 8, 2024

After calling off beats with GM to “beat out Tesla” with a cheap SUV, it has now emerged with news that it is mulling over a $14 billion EV and battery plant in Canada. According to Japan’s Nikkei , the Japanese automaker is looking at several sites in Canada, including one near its auto factory in Alliston, Ontario.

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Baua Electric

APRIL 25, 2024

Hyundai’s total auto sales fell 1.5% The automaker believes electric models, like the IONIQ 5 and IONIQ 6, will qualify for the federal EV tax credit, which should help boost demand. FTC: We use income earning auto affiliate links. Hyundai Q1 2024 sales by region (Source: Hyundai) Overall, EVs accounted for 4.5% (vs 6.5%

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Baua Electric

JANUARY 15, 2024

Mibe, with Senior Managing Executive Officer Shinji Aoyama, explained that the company would like to realize an affordable EV “very late in the 2020s.” EV since its limited-availability Clarity Electric, but its 2024 Prologue SUV , an effort with GM, arrives in a few months. 2024 Honda Prologue Honda hasn’t had a U.S.

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Baua Electric

APRIL 27, 2024

The Tesla Model Y undercuts the Model 3 by $5,000 —for those who are EV tax credit eligible—under the latest round of Tesla price cuts made last weekend. It might also be EV tax-credit-eligible while other Model 3 versions aren’t. Michelin Uptis airless prototype tires Michelin believes that airless tires are the future.

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Baua Electric

JANUARY 6, 2024

Which EVs made the tax-credit shortlist in 2024? Which company faced a $1.7 2024 Rivian R1S A preliminary list of 2024 EVs qualifying for the tax credit was released early this week by the EPA, and as expected there are very few models qualified for the full $7,500 amount. billion fine for diesel emissions cheating?

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EV Adoption

FEBRUARY 7, 2021

That phrase is a business principle that leaders of customer-centric companies live by. In the last year GM has initiated a full court press on the public relations front around its electric vehicle plans. GM Stock Chart: Yahoo Finance. At the end of the commercial, GM shares a significant EV promise: “30 new EVs by 2025.”

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Green Car Congress

FEBRUARY 3, 2009

GM described its approach at the Washington Auto Show. A partial draft checklist of stakeholders and enablers to help guide cities in making their regions plug-in friendly suggested by GM includes: Draft Checklist for a Plug-in Ready City. Ed Peper, GM North America vice president, Chevrolet. Required Stakeholder.

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Baua Electric

FEBRUARY 8, 2024

Kia, Hyundai’s sister company, revealed plans to launch two electric trucks. In the US, Hyundai Motor (including Kia) surged past Ford and GM to become the second top-selling EV brand behind Tesla. And that’s without its electric models qualifying for the federal tax credit (only through leasing).

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