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GM expects Chevrolet Silverado EV to get full $7,500 tax credit

Teslarati

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. Fleet customers including for BrightDrop and the Chevrolet Silverado EV will benefit from the $7,500 commercial incentive,” stated General Motors. The Ultium line will likely adhere to the U.S.

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Honda may build an EV factory in Canada featuring in-house battery cells

Teslarati

Japanese automaker Honda is considering locations to build an electric vehicle (EV) factory in Canada featuring the use of in-house battery cells. In June, Honda and LG Energy Solution (LGES) broke ground on a new EV plant in Jeffersonville, Ohio. It’s also expected to help the automaker gain access to EV tax credits in the U.S.

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Foxconn brings EV battery production to two U.S. states

Teslarati

Foxconn, the iPhone manufacturer that bailed out Lordstown Motors from bankruptcy, announced that it would build electric vehicle batteries in Wisconsin and Ohio on Thursday, hoping to take advantage of the Inflation Reduction Act that incentivizes domestic cell manufacturing. The sale was finalized in May 2022.

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Jeep adds new Willys 4xe to PHEV lineup

Green Car Congress

With a starting USmanufacturer’s suggested retail price (MSRP) of $53,995 (excluding $7,500 tax credit and $1,595 destination), the Willys 4xe brings a new entry price point to the Wrangler 4xe lineup, joining Rubicon 4xe, High Altitude 4xe, and Sahara 4xe. A second high-voltage motor generator is much more powerful.

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Lucid Air debuts in New York; completes first high speed stability test at 217 mph

Green Car Congress

Lucid Motors made its global auto show debut at the New York International Auto Show, presenting the Lucid Air luxury electric sedan and also presenting its Alpha Speed Car test vehicle, which had just completed its first high-speed stability test at 217 mph (349.2 The Lucid Air is priced from $52,500 after federal tax credits.

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What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

EV Adoption

Will GM’s Ultium Cells battery factory in Lordstown, Ohio be able to supply enough battery packs? As such, I think without significant price discounts (all of the other EVs also have access to the Federal tax credit except the Tesla), the two Bolt models will never see sales in the US above around 35,000 per year (if that even).

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Report: Honda Considers Building New EV Factory in Canada

The Truth About Cars

The Honda Motor Company has reportedly been going over prospective plans to build a $13.83 The manufacturer has remained aloof, stating that it’s considering numerous projects so that it might adhere to its promise of building nothing but all-electric vehicles by 2040. The Ohio joint venture is supposed to come in around $3.5

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