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

General Motors has hired former Tesla battery-development boss Kurt Kelty as its new vice president of batteries. “Joining GM creates an even bigger opportunity to help the industry make the switch and have a lasting impact on our planet.”

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Baua Electric

MARCH 13, 2024

But with GM falling behind in the EV market, is a concept enough at this point? General Motors has already pushed back production of several key electric models, including the Equinox EV, Silverado EV, and GMC Sierra Denali EV. GM lowered Blazer EV prices by up to $6,500. FTC: We use income earning auto affiliate links.

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Baua Electric

JANUARY 19, 2024

General Motors’ Cadillac is ramping up production of its Lyriq compact, electric sport utility vehicle now that more batteries are available and demand for luxury EVs remain strong despite a slowdown for other types of EVs, a senior executive said on Thursday. government tax credit this month as new sourcing guidelines kicked in.

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Teslarati

MAY 9, 2023

“Many auto analysts believe the Inflation Reduction Act (IRA) helps lift all EV boats… that any incentive is better than no incentive. We assume General Motors (GM) splits the tax credit 50%/50% with LGES, and Ford (F) 50%/50% with SK On,” the analyst wrote. We don’t think so.

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Baua Electric

FEBRUARY 27, 2024

Hyundai announced its fast-tracking production at its Hyundai Motor Group Metaplant America (HMGMA) in Georgia. 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. FTC: We use income earning auto affiliate links.

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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. It’s also expected to help the automaker gain access to EV tax credits in the U.S. factory that’s currently under construction.

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Baua Electric

JANUARY 25, 2024

Meanwhile, Hyundai said it expects the global auto market to continue growing in the future as the shift to electric heats up. Hyundai accelerated construction to take advantage of government incentives like the $7,500 tax credit. FTC: We use income earning auto affiliate links.

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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. The simple answer may rest on volume.

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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

After customer complaints over its software issues, which sparked a halt on sales right before Christmas, General Motors has now issued a small safety recall , which includes the Chevrolet Blazer EV, for vehicles that may have defective doors that could fly open while driving. GM said that they’d reach out once they figured out the problems.

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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. Hyundai Motor America CEO Randy Parker assured, “Demand for our vehicles, especially EVs, remains high.” of the share (vs 8.2%).

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Baua Electric

FEBRUARY 2, 2024

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. Once up and running, which is expected next year, Hyundai’s EVs will qualify.

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Baua Electric

MARCH 14, 2024

Hyundai IONIQ 6 Black Edition (Source: Hyundai) Hyundai Motor Group said in a statement (via Reuters ), “Hyundai Motor and Kia will take prompt actions to prevent customer inconvenience and will continue to prioritize the safety of our customers and their vehicles.” appeared first on Bauaelectric Auto News.

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Baua Electric

JANUARY 17, 2024

Hyundai Motor Europe’s best-selling EV is getting even more attractive. Apple CarPlay and Wireless Android Auto support comes standard. Hyundai Motor Group (including Kia) overtook Ford and GM to take second in US EV sales last year, behind only Tesla. FTC: We use income earning auto affiliate links. wide, and 62.2″

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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. dealerships to sell its EVs. vehicle share, and about 20% of all cars sold globally.

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Baua Electric

MAY 26, 2023

Ford Motor Co. “We see the Chinese as the main competitor, not GM or Toyota,” Farley stated Thursday on the Morgan Stanley Sustainable Finance Zenith. ” China, the sector’s greatest auto marketplace, has one of the crucial perfect battery era and dominates EV manufacturing, Farley stated. . for the plan.

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Baua Electric

FEBRUARY 8, 2024

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). FTC: We use income earning auto affiliate links.

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EV Life

AUGUST 4, 2023

General Motors was one of the original pioneers of electric cars, introducing the EV1 in 1996 and the game-changing Volt in 2010. Both come with a 200-hp electric motor, provide an EPA-estimated 247 miles in range, and are available in front-wheel drive only. Federal, State, and Local EV Incentives Federal Tax Credit.

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Baua Electric

MARCH 4, 2024

Including Kia and Genesis, Hyundai topped American automakers Ford and GM’s Chevy for second behind only Tesla. Despite rivals like Ford and GM pulling back on EV initiatives, Hyundai is doubling down. Hyundai is expected to debut the IONIQ 9 at the Busan International Motor Show (BIMOS) in South South Korea on June 27, 2024.

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EV Adoption

FEBRUARY 7, 2021

In the last year GM has initiated a full court press on the public relations front around its electric vehicle plans. It seems like a week hasn’t gone by without an email in my inbox from GM about an embargoed press release and some upcoming GM EV event or announcement. GM Stock Chart: Yahoo Finance.

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Green Car Congress

FEBRUARY 3, 2009

General Motors is working with communities such as San Francisco to develop a plan of action to establish the supporting technical and policy infrastructure required for broad commercialization of plug-in electric vehicles such as the upcoming Chevrolet Volt. GM described its approach at the Washington Auto Show. Earlier post.).

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Baua Electric

JANUARY 3, 2024

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place.

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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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Baua Electric

JANUARY 2, 2024

The list of electric vehicles qualified for the EV tax credit in calendar year 2024 has been released. Also of note: No Rivian electric truck qualifies for the full $7,500 tax credit amount in 2024, at this time. The credit amount on these models has fallen to $3,750. appeared first on Bauaelectric Auto News.

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Electric Auto Association

APRIL 5, 2023

Many Americans want to know if their next EV purchase qualifies for a full, half, or any tax credit. We also have news on the new Kia EV9 three-seater, GM moving on from Apple’s CarPlay, how to become an EV expert, and high-power charging for a truck stop. seconds RWD Standard Range Single 160 kW (214 hp) motor paired with 76.1-kWh

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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

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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Baua Electric

FEBRUARY 28, 2024

The next-gen Chevy Bolt EV is due out next year after GM ended production of its top-selling electric model at the end of 2023. GM’s CFO Paul Jacobson says the new Bolt EV will save the company billions by becoming North America’s first Ultium-based model to use LFP batteries. We’ve got a really good product that customers love.

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EV Life

NOVEMBER 18, 2023

Now, the list of automakers embracing Tesla’s NACS charge port includes industry giants such as BMW, General Motors, Honda, Hyundai, Jaguar, Kia, Lexus, Mercedes-Benz, Mini, Nissan, Volvo, Rivian, Rolls-Royce, Subaru, Toyota, and more. Notable holdouts include auto giants Volkswagen and Stellantis. Get started.

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EV Life

SEPTEMBER 21, 2023

The base model 2LT features standard front-wheel drive along with the option for eAWD with a dual motor setup. The RS is even more flexible, offering a single motor setup with power either to the front or rear axle or an all-wheel drive option with a dual-motor setup. EV Incentive Programs · Federal Tax Credit.

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EV Life

MARCH 7, 2023

GM has been one of the pioneers of electric vehicles, introducing the General Motors EV1 back in 1996 and the groundbreaking Chevy Volt in 2010. What’s more, the Bolt EV is eligible for a variety of federal and state tax credits, rebates, and incentives that can potentially bring the price down to zero for qualifying drivers.

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EV Life

JULY 21, 2023

Each model will have unique capabilities and advantages, with the top-tier SS providing 557 horsepower and a 0-60 in under four seconds and the RS offering a GM-estimated 320-mile range on a fully charged battery. Every one of them qualifies for the federal EV tax credit outlined in the Inflation Reduction Act of 2022.

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Teslarati

FEBRUARY 27, 2024

China’s top new energy vehicle manufacturer, BYD, has no plans to enter the United States auto market. In late 2023, a few publications, automakers, and auto suppliers hinted that electric vehicle sales in the United States would slow down in 2024. Any EVs with components are not eligible for the IRA’s EV tax credits.

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Baua Electric

MARCH 11, 2024

Permanent magnet motors are dominant in the EV industry, due to their superior efficiency. Approximately 90% of electrified vehicle traction motors use rare earth magnets. In 2022, MP signed a long-term agreement with GM to supply US-sourced and manufactured rare earth materials, alloys and magnets. And it has customers.

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Tony Karrer Delicious EVdriven

APRIL 30, 2009

Policy (Update2) Share | Email | Print | A A A By Alan Ohnsman April 27 (Bloomberg) -- Honda Motor Co. , policy shifts to favor battery-powered autos. General Motors Corp., Toyota Motor Corp. and startups Tesla Motors Inc. While GM, Toyota and Hyundai Motor Co. and Nissan MotorCo.,

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EV Life

JULY 5, 2023

Its combination of affordability, performance, and impressive range has led it to become one of Tesla’s best-selling electric vehicles to date, proving to be a strong competitor against more affordable options from automakers like Hyundai, GM, and Kia. All three versions of the Tesla Model 3 qualify for the tax credit.

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