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General Motors sidesteps loss of EV tax credit to offer big discounts for customers

Teslarati

General Motors is sidestepping the loss of the electric vehicle tax credit on its vehicles and will still offer a big $7,500 discount on cars for customers. The Lyriq and Blazer EV will likely regain eligibility sometime early this year as GM plans to switch up sourcing so customers can take advantage of the tax credit.

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

Baua Electric

With the $7,500 EV tax credit included, prices could fall to as low as $27,500. GM has yet to reveal official specs and info, but the Chevy Camaro EV is expected to ride on its Ultium platform, which is also used for the Blazer, Equinox, Silverado, and GMC Hummer EV, Cadillac Lyriq EVs. FTC: We use income earning auto affiliate links.

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New GM 4.3L EcoTec V-6 for Sierra delivers 305 lb-ft torque

Green Car Congress

When the all-new 2014 GMC Sierra full-size pickup arrives this summer, its standard 4.3L available at launch, followed by the 4.3L versions available later this year. available at launch, followed by the 4.3L versions available later this year. Click to enlarge. Like the 2014 engine, the 4.3L

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2021 US EV Sales Scoreboard: RAV4 Prime and Mustang Mach-E Are The Top-Selling Non-Tesla EVs

EV Adoption

4 was only beginning to reach US dealers. Especially if Congress removes the OEM cap which would mean at least a $7,500 tax credit and as much as $12,500, the Bolt has the potential to be the top selling EV in the US in 2022 other than models from Tesla. For the year the Mach-E outsold the ID.4 4 by 10,398 units.

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Proposed Changes to Federal EV Tax Credit – Part 3: MSRP Must Be Less Than $80,000

EV Adoption

Should expensive electric vehicles be excluded from the federal electric vehicle tax credit (IRC 30D)? But it also means that if the base MSRP of an EV is say $78,500 — that after various upgrades, add-ons, and destination charges — an EV costing $90,000 out the door, would still qualify for the tax credit.

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Flash Drive: 2024 Chevrolet Equinox EV

Clean Fleet Report

Just your daily driver with no tailpipe The bottom line: If you are shopping to replace your current gasoline-powered SUV there is no reason for not visiting your Chevrolet dealer to seriously consider the Equinox EV. The first Equinox EV, available in June 2024, is the RS trim, the one reviewed here.

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Price Parity is Not the Key to EV Adoption in the US

EV Adoption

According to a price survey conducted by BloombergNEF , automakers soon will be producing models that are “as affordable—and as profitable—as comparable combustion engine models, and without the help of tax subsidies.” And many higher end models from Tesla, Lucid, GMC, Rivian, and others will approach 400 or more miles.

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