Green Car Reports

FEBRUARY 15, 2021

As GM prepares for the introduction of two very upscale electric vehicles, the GMC Hummer EV and the Cadillac Lyriq, the Bolt lineup plays an important role, it faces one pesky problem.

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Tax Credit Affordable Hummer GMC 154

Green Car Congress

DECEMBER 12, 2013

The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment. Ford Motor Company. General Motors Company. Funded at $2.3

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EV Life

MAY 19, 2023

The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. What are the New Changes to the Federal Tax Credit?

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Tax Credit Tax Personal F-150 52

Baua Electric

APRIL 23, 2024

The company’s revenue rose 8% to $43 billion with a consistent +15% CAGR growth over the past 24 months. Although Ultium-based vehicle deliveries were up 36% during the quarter, total EV sales slid over 20% YOY as the company’s cheapest Chevy Bolt EV was phased out. Chevy’s Blazer EV is also eligible for the $7,500 tax credit.

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GM Market Cadillac Escalade 52

Baua Electric

APRIL 23, 2024

The company’s revenue rose 8% to $43 billion with a consistent +15% CAGR growth over the past 24 months. Although Ultium-based vehicle deliveries were up 36% during the quarter, total EV sales slid over 20% YOY as the company’s cheapest Chevy Bolt EV was phased out. Chevy’s Blazer EV is also eligible for the $7,500 tax credit.

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GM Market Cadillac Escalade 52

Teslarati

JANUARY 30, 2024

General Motors (GM) held its 2023 earnings call on Tuesday morning, and in it, the automaker detailed its plans to cut spending on the self-driving unit Cruise after one of the company’s robotaxis struck a pedestrian last October. billion before taxes from Cruise, spending about $1.9 billion in cash during the same year.

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GM Escalade Legal Sierra 99

Teslarati

FEBRUARY 25, 2024

According to a report from Automotive News last week, GM plans to consider company performance in areas like EV sales, software and services, and Cruise when calculating salaried worker bonuses for 2024. “Our goal is to incentivize everyone to think and act with an enterprise perspective.”

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GM Escalade Sierra Silverado 67

Teslarati

FEBRUARY 9, 2023

New data from Kelley Blue Book shows consideration for Tesla vehicles dropped from 12 to 9 percent in Q4 compared to Q3, but it doesn’t mean all that much, considering the company is selling cars well beyond its manufacturing capabilities. Lexus, at 19 percent, and Cadillac, at 18 percent, round out the top 3.

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Tax Credit Tesla Buick Tax 91

Baua Electric

APRIL 1, 2024

2026 Cadillac Vistiq However, the Department of Energy’s “foreign entity of concern” language introduced into the EV tax credit rules now applies to manufacturing and assembly, as well as much of the supply chain—and to companies incorporated in China or in which the Chinese government has a 25% or larger stake.

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GM Ford Batteries Battery 52

Baua Electric

MARCH 8, 2024

As previously priced, the top of the Blazer EV lineup topped the price of the Cadillac Lyriq. The Blazer EV is also now fully eligible for the $7,500 EV tax credit. The company notes that for specific models that were built earlier and don’t qualify a $7,500 incentive remains in place. That left companies scrambling.

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GM Price Sale Tax Credit 52

Electric Auto Association

JULY 2, 2022

Cadillac Celestiq teased. Ultra-luxury coming Cadillac’s new, hand-built Celestiq was teased as its future flagship vehicle. Lightyear Solar-powered and ready for action After six years of development, the company plans to manufacture 949 vehicles in 2023. Extreme EVs, Hyundai, GM, Ferrari, and more. Chevrolet Bolt.

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Ferrari Buick Tax Credit Lithium Ion 67

Teslarati

OCTOBER 24, 2023

The Stellantis furlough takes place at two stamping facilities that supply the company’s truck assembly plant, bringing the total number of furloughed employees to 2,045. It also comes after GM reported its Q3 financial results earlier in the day on Tuesday. The plant produces the profitable Ram 1500 and other trucks. billion and $10.7

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GM Yukon Arlington Tahoe 106

EV Adoption

FEBRUARY 7, 2021

That phrase is a business principle that leaders of customer-centric companies live by. Some of the EVs we saw in GM’s Design Dome (Cadillac Celestiq and probably the unnamed Buick crossover) are clearly targeted for China. Under promise, over deliver. GM’s Latest EV Developments.

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GM Market Cadillac Acura 116

Baua Electric

JANUARY 19, 2024

2024 Cadillac Lyriq Sport trim (Source: Cadillac) General Motors says it is responding to a strong demand for luxury EVs by ramping up production of its Cadillac all-electric Lyriq SUV this year. The company says it has resolved its battery module production problems that have plagued sales for the last two years.

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Cadillac GM SUV Los Angeles 97

Green Car Congress

JANUARY 8, 2014

Broadly, Navigant expects expansion in both the higher end of the market (thereby putting competitive pressure on Tesla Motors), as Audi, BMW, Cadillac, Mercedes, Saab, and Volvo introduce their first plug-in cars. More mainstream models will come from Kia, Mahindra, Škoda, and Volkswagen. Tesla Motors will have a bumpy year.

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Baua Electric

JANUARY 3, 2024

And it’s a better deal than ever now that the US EV tax credit is now easier to get for low-income buyers and available upfront as well, making it possible to get a Bolt for under $20k off the lot. We’re sure that many GM employees are trying – but the numbers show that it is clear the company as a whole is not trying hard enough.

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GM Sale Hummer Silverado 52

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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Tax Credit Tax PHEV 2018 52

EV Life

MAY 5, 2023

This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.

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Tax Credit Tax Dealers Personal 52

Green Car Congress

AUGUST 30, 2009

The morning session started out with an hour long press conference, the highlight being the unveiling of the Volt’s 230 mpg preliminary EPA city fuel economy finding ( earlier post ), as well as a tour showing selected elements from the studios of the four GM North American brands: Chevrolet, GMC, Buick and Cadillac. Build better products.

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GM Buick Fuel Economy Economy 262

Baua Electric

JANUARY 22, 2024

By last summer, we learned the Korean automaker was expanding its US facility to include EV9 production – Kia’s first BEV to be built in America and eventually qualifying for (some) federal tax credits (more on that later). inches longer than the Kia Telluride) Headroom (dual sunroof on GT-Line): Front Row: 39.6 inches Second Row: 38.8

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Kia SUV Tax Credit Electric 52

EV Adoption

NOVEMBER 29, 2021

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). In this brief article I will share the 3 scenarios that lead to an EV being completely disqualified from any available tax credit amount.

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Tax Credit Tax Hummer PHEV 52

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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Tax Credit Tax Chinese Volvo 52

Teslarati

JANUARY 30, 2024

General Motors ( NYSE: GM ) reported strong quarterly earnings for Q4 2023 today, but electric vehicle fans might be disappointed with the company’s outlook. However, EV enthusiasts might be disappointed with what GM said about its EV business, admitting that it has slowed and the company is unsure of what to think about it.

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General Motors Motor Motors Motoring 114

Clean Fleet Report

JUNE 21, 2022

Since the company already has its popular Genesis G80 powered by either a turbocharged 4-cylinder or a non-turbo V6, Genesis appears to be wanting to keep the brand loyalty the model has built while adding in a new propulsion system. All Genesis electric vehicles qualify for the federal tax credit and state rebates.

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All-Electric Arkansas Charging Power 78

Baua Electric

MAY 4, 2024

2024 Jeep Gladiator GM’s Cadillac luxury brand might not go all-EV by 2030 as previously said. The company behind the Emily GT EV , engineered by a braintrust of former Saab engineers, might build it in Italy, as part of a whole electric vehicle family with other body styles including a wagon, coupe, and convertible.

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Acura Jeep Plug-in Hybrid 52

Charged EVs

SEPTEMBER 23, 2022

Among cutting-edge automotive buyers—the glitterati of Los Angeles, the tech millionaires of Silicon Valley, the finance titans of Wall Street—only one Cadillac is widely recognized. Yet Cadillac is leading the high end of General Motors’ ambitious move into EVs for all its brands. Rear of the 2023 Cadillac LYRIQ.

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All-Electric Cadillac North America GM 52

Baua Electric

MAY 2, 2024

The all-electric ZDX kicks off a new era for Acura, one that its team is quite proud of as the automotive industry, including its parent company, Honda, begins to embrace BEVs. A quick background on the arrival of the Acura ZDX It has been about nine months since Acura unveiled the ZDX to the public during Monterey Car Week last summer.

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Acura Honda Miles Price 52

EV Adoption

NOVEMBER 26, 2021

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. More on this below.

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Tax Credit Tax F-150 PHEV 116

EV Adoption

MARCH 9, 2021

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.” That would still leave eight automakers without an EV.

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Cars That Think

JANUARY 23, 2023

BMW’s CEO Oliver Zipse does say the company will not leave the “lower market segment,” which includes the battery electric iX1 xDrive30 that retails for $82,900. Strains on profitability for automakers and their suppliers may increase further as battery metals prices increase, warns data analysis company S&P Global Mobility.

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Buy GM Range Purchase 88

Green Car Congress

JULY 17, 2015

It solves the storage problems faced by the electric utility companies in absorbing and adapting to the highly variable power and energy generated by solar and wind. One PHEV company, Efficient Drivetrains Inc., This does not mean that you will not be able to buy that Cadillac or Corvette you have been admiring.

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PHEV Plug-in Renewable Energy 150

Tony Karrer Delicious EVdriven

APRIL 28, 2009

Zytek (a UK based company) make the motor and drivetrain for it. Theres a company in Guernsey (a UK island) which does conversions (the Mk1 shape), but I want a current shape model and a 60 mile range is just fine. This must be some kind of private venture. There are already about 300 of them being leased on a trial basis.

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Power Powered Dodge Circuit Tesla 49

Tony Karrer Delicious EVdriven

APRIL 21, 2009

Audi Volkswagen-owned company exploring PHEVs Metroproject Quattro Sub-compact PHEV Concept Car shown October 2007; PHEV of A1 Sportback under consideration Bright Automotive For-profit spin off from Rocky Mountain Institute designing lightweight PHEVs, successor to RMIs 1990s "Hypercar" concept. Batteries not ready. Plans Saturn Vue PHEV-10.

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Tony Karrer Delicious EVdriven

APRIL 28, 2009

A troubled company. As a long time Mopar fan, seeing this company go under will hurt. Side mirrors and a tiny tunnel of light for the rearview mirror to see through simply are not enough, and did nothing to make driving this expensive prototype easy with Detroit drivers all around. Small size. New technology.

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Dodge Circuit Dodge Electric Cars Chrysler 45

Tony Karrer Delicious EVdriven

APRIL 22, 2009

Chrysler LLC, in conjunction with the USPS and select energy service providers, also announced that the company intends to apply for the U.S. Earlier this month, Chrysler announced A123Systems as one of its strategic partners and production battery supplier for the companys initial production electric vehicles.

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Minivan Chrysler Dodge Circuit 2009 46

Tony Karrer Delicious EVdriven

APRIL 16, 2009

Gallery: Plugging in at home Battery swap stations are a concept often associated with Better Place , an EV infrastructure company. Forcing companies to conform to standardized batteries prevents them from designing better cars. Companies like ECOtality are already working with Nissan, which seems to have given up on battery swapping.

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Charging Batteries Battery 2009 38

Tony Karrer Delicious EVdriven

APRIL 16, 2009

GM says it is already looking ahead to the next generation of Volt-based vehicles — it unveiled the Cadillac Converj concept in January — and says costs will come down as the technology spreads to more models. But GM says it wont get the money until the Obama administration is satisfied the company is financially viable.

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