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GM is giving a $7,500 incentive on EV models that lost tax credit eligibility

Baua Electric

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. GM to give $7,500 incentive for non-qualifying EVs Two weeks ago, GM said the new Chevy Blazer EV and Cadillac Lyriq would lose eligibility for the US EV tax credit at the beginning of 2024. Until then, GM will fill in the gap for buyers.

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GM’s EV sales surge in back-to-back record months, narrowing gap with rival Ford

Baua Electric

GM’s upbeat outlook comes as new models, such as the Chevy Equinox, Blazer, and Silverado EVs, gain momentum. Chevy Blazer EV (left), Chevy Equinox EV (middle), Chevy Silverado EV (right) (Source: GM) Its luxury Cadillac brand is also seeing higher EV demand. FTC: We use income earning auto affiliate links. GM, Hyundai, or Ford?

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GM hints at an affordable Chevy Camaro EV: A $35,000 real electric pony car?

Baua Electric

Among the considerations were a 2+2 coupe, convertible, and two- and four-door SUVs. With the $7,500 EV tax credit included, prices could fall to as low as $27,500. GM says the Ultium battery enables +300 miles range (the Silverado EV gets 440 miles) and a 0 to 60 mph in as little as 3 seconds.

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GM ready to unleash next cycle of EV growth after record Q2 revenue

Baua Electric

GM said stronger pickup and SUV sales in North America fueled the earnings growth. GM calls the electric SUV a “game changer” with over 300 miles range, a tech-loaded interior, and an affordable starting price. All models qualify for the $7,500 EV tax credit. Net income also surged 14% to $2.9

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Chevy’s Blazer EV is headed for Brazil to combat surging BYD

Baua Electric

GM is preparing to launch a new electric vehicle offensive in Latin America’s largest auto market. The Blazer EV was introduced in 2022 as part of Chevy’s next-gen electric vehicle lineup, alongside the Equinox and Silverado EVs. GM announced it was preparing to launch the electric SUV last week. million new car registrations.

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Hyundai will launch an electric Santa Fe and new EV pickup for the US, but there’s a catch

Baua Electric

Hyundai’s flagship SUV is going electric. Hyundai Santa Fe is finally going electric but as an EREV The Santa Fe is Hyundai’s second-best-selling SUV in the US. Conquering the US market with pickups and SUVs Hyundai aims to “conquer” the massive US pickup truck market, according to a report from Naver last week. Its massive $7.6B

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GM claims its next cycle of EV growth is coming, but when?

Baua Electric

GM said stronger pickup and SUV sales in North America fueled the earnings growth. GM calls the electric SUV a “game changer” with over 300 miles range, a tech-loaded interior, and an affordable starting price. All models qualify for the $7,500 EV tax credit. appeared first on Bauaelectric Auto News.

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