Remove Auto Remove GMC Remove Recharge Remove Tax Credit
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What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

EV Adoption

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. In GM teaser videos we saw hints of future electric GMC and Chevrolet pickups and what clearly looks like a Camaro. Hence the focus on high-end models such as the GMC Hummer and Cadillac LYRIQ.

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3 Scenarios That Would Make An EV Ineligible For the Federal EV Tax Credit

EV Adoption

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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Behind the Wheel, Under the Hood of World’s First 500-Mile EV

Cars That Think

Whether Lucid Motors will succeed in the brutally competitive auto business remains an open question. Every buyer is eligible for a $7,500 federal tax credit, pushing the most-affordable Air to $71,400. Lucid has upended and exposed that conventional wisdom, in the time it takes to recharge the Air, or drive for 520 miles.

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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.