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. dependence on China.

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InsideEVs

FEBRUARY 21, 2023

The key for the Cadillac Lyriq was the confirmed eligibility for the full $7,500 federal tax credit.

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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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Baua Electric

MARCH 13, 2024

Cadillac gave a sneak peek of “the future of electric performance,” teasing its new Opulent Velocity EV concept. GM lowered Blazer EV prices by up to $6,500. After regaining eligibility for the $7,500 EV tax credit, the Chevy Blazer EV 2LT AWD starts at $42,695 (including the credit).

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Baua Electric

MARCH 9, 2024

The Blazer price cuts and restored tax credit bring the effective price for qualified buyers down to USD 42,695 from the original USD 56,715 for the lowest-priced model. GM said it would cut the price of the Blazer by about USD 5,600 to USD 6,500 based on the trim level. 4, Honda Prologue and Cadillac Lyriq.

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Baua Electric

JUNE 12, 2024

Honda believes the Prologue hits the “sweet spot” of the electric SUV market at the right price. Powered by GM’s Ultium platform (the same one underpinning Chevy, Cadillac, and GMC EVs), the Honda Prologue includes up to 296 miles range. With the $7,500 federal tax credit, Tesla Model Y prices fall to as low as $37,490.

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Green Car Reports

OCTOBER 11, 2013

Cadillac''s first-ever plug-in car will be in showrooms within three months. The 2014 Cadillac ELR compact luxury coupe will go on sale in January, GM''s high-end brand says. The ELR will carry a base price of $75,995, including destination.

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Baua Electric

JANUARY 19, 2024

But Cadillac delivered 9,000 Lyriqs in 2023, according to a media briefing by its global vice president John Roth. But Cadillac delivered 9,000 Lyriqs in 2023, according to a media briefing by its global vice president John Roth. Many, including market leader Tesla, have cut prices sharply to woo potential customers.

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Clean Fleet Report

AUGUST 24, 2021

Cadillac has tried electrifying cars before. Based on the Chevrolet Volt platform and technology, the ELR coupe was ahead of its time for the traditional Cadillac buyer, which was too bad. Then in 2017 along came the CT6 PHEV , an electrified version of Cadillac’s full-size, flagship sedan, but 2019 saw the end of this car.

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Baua Electric

AUGUST 28, 2024

Based on GM’s Ultium platform (powering new Chevy, Cadillac, and GMC EVs), the Honda Prologue gets up to 296 miles range. Starting at $47,400, the 2024 Honda Prologue is already below the average transaction price (ATP) for a new vehicle in the US. Honda’s first electric SUV began hitting US dealerships this March.

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Baua Electric

MARCH 8, 2024

GM announced Friday that it’s dropping prices by up to $6,520 on its 2024 Chevrolet Blazer EV , while resuming sales and deliveries of the model to customers. 2024 Chevrolet Blazer EV RS Chevrolet is also dropping prices on the Blazer EV by thousands. The RS AWD model drops to $54,595, which is $5,620 lower than the previous price.

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Clean Fleet Report

JUNE 28, 2022

All-New Luxury EV Leads the Way for Cadillac. Setting the new course of Cadillac. The all-new, all-electric 2023 Cadillac Lyriq, scheduled to hit showrooms in a few weeks (early July 2022), is expected to be a game changer for the brand. The Electric Cadillac. average of $67,500 (U.S. It baffles me, but heck…go for it!

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Baua Electric

MAY 29, 2024

Cadillac has revealed an entry EV for the GM luxury brand that doesn’t seem so entry-level in size, technology, or price. The 2025 Cadillac Optiq is set to cost about $54,000 including destination when it arrives later this year with a range of around 300 miles, according to Cadillac. There are many details to linger on.

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Baua Electric

JULY 11, 2024

Cadillac 441% 2.2% With the $7,500 federal tax credit, prices could fall to as low as $48,995. The long-range model (with up to 304 miles range) could be bought for under $55,000 (including the EV tax credit). EV brand Q2 sales growth YOY Share of the US EV market in Q2 2024 YTD segment share Tesla -6.3%

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Clean Fleet Report

JUNE 4, 2022

Significant Price Reduction Repositions Entry-Level EV. Chevrolet announced this week that its 2023 Bolt EV and Bolt EUV are going to get major drops in price. The new 2023 pricing (2022 pricing in parenthesis) includes the mandatory $995 destination fee. Same car, less cost. Same car, less cost. But it is more than that.

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EV Life

JUNE 8, 2023

Like their electric car cousins, all-electric SUVs have come a long way—batteries have evolved to increase range and improve performance, new motors are providing impressive torque and towing capabilities, and prices have come down to make options more affordable, making these SUVs some of the most attractive sport utility options out there.

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Teslarati

FEBRUARY 9, 2023

However, KBB believes Tesla will trend upward on the Q1 2023 consideration study as the company slashed prices in the U.S. market by 13 percent in January and now has its entire Model Y lineup qualifying for government tax credits. Lexus, at 19 percent, and Cadillac, at 18 percent, round out the top 3.

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Baua Electric

APRIL 23, 2024

GM’s Cadillac Lyriq and GMC Hummer EV both saw solid sales growth in Q1, with 5,800 (+499%) and 1,668 units sold, respectively. 2024 Cadillac Lyriq models (Source: GM) Cadillac’s Lyriq accounted for 20% of brand sales in Q1, second to only the Escalade. Chevy’s Blazer EV is also eligible for the $7,500 tax credit.

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Baua Electric

APRIL 23, 2024

GM’s Cadillac Lyriq and GMC Hummer EV both saw solid sales growth in Q1, with 5,800 (+499%) and 1,668 units sold, respectively. 2024 Cadillac Lyriq models (Source: GM) Cadillac’s Lyriq accounted for 20% of brand sales in Q1, second to only the Escalade. Chevy’s Blazer EV is also eligible for the $7,500 tax credit.

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Baua Electric

MAY 17, 2024

The report also mentioned the possibility of a “mid-price” flagship electric sports car “loosely linked to the C9 Corvette in content.” He hinted it could be priced around $35,000, similar to the new Chevy Equinox EV. With the $7,500 EV tax credit included, prices could fall to as low as $27,500.

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Teslarati

APRIL 29, 2023

The Tesla Model 3 now qualifies for the full $7,500 EV incentive thanks to a new loophole in the tax incentive system. This includes some trims of Tesla Model 3 and Model Y , Chevy Bolt/Bolt EUV, Ford F-150 Lightning, Cadillac Lyriq, and Volkswagen ID.4. The loophole identified by Bloomberg’s newest report is leasing.

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Green Car Congress

APRIL 15, 2015

Cadillac has greatly enhanced the performance of its ELR extended range electric vehicle (plug-in hybrid) ( earlier post ) for the 2016 model year, and is also cutting the MSRP by $9,005, bringing the starting price down to $58,495 net after the $7,500 US federal tax credit (MSRP = $65,995). 2016 Cadillac ELR.

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Baua Electric

JULY 23, 2024

This includes scaling Chevy Equinox EV production while launching new GMC and Cadillac EVs. 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. GM’s revenue rose 7.2%

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Electric Auto Association

JULY 2, 2022

GM is slashing prices and offering retroactive discounts on Chevy Bolt electric vehicles (TVs). Cadillac Celestiq teased. Ultra-luxury coming Cadillac’s new, hand-built Celestiq was teased as its future flagship vehicle. Extreme EVs, Hyundai, GM, Ferrari, and more. Chevrolet Bolt. GM Retroactive refund! Buick Wildcat concept.

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Baua Electric

FEBRUARY 1, 2024

2024 Kia EV9 GT Line (Source: Kia) Kia calls the EV9’s $54,900 (not including destination) starting price an industry “wake-up call.” of 2nd-row legroom, the EV9 tops rivals, including the Cadillac Escalade, Land Rover Range Rover P400 3-Row, and Mercedes EQS SUV. Kia’s EV9 is also competitively priced with Tesla’s top-selling Model Y.

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Baua Electric

JULY 23, 2024

This includes scaling Chevy Equinox EV production while launching new GMC and Cadillac EVs. 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. GM’s revenue rose 7.2%

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Baua Electric

SEPTEMBER 9, 2024

Kia EV9 GT-Line interior (Source: Kia) Starting at $56,395, Kia’s EV9 is already reasonably priced for an all-electric three-row SUV. It also has more rear-seat legroom than a Cadillac Escalade and more shoulder and hip room than the Tesla Model X. Tesla’s Model X does qualify for the $7,500 EV tax credit.

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Green Cars News

OCTOBER 16, 2013

Luxury carmaker Cadillac is to launch its first ‘range-extended’ plug-in hybrid, the ELR which will launch in selected US cities from January. Essentially an upmarket version of the Chevrolet Volt, the model will be priced from $75,995 and qualify for federal tax credits worth up to $7,500, design[.]. Hybrid cars'

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Baua Electric

MARCH 15, 2024

Model 3 registrations were down 23% after losing the $7,500 EV tax credit. Kia EV9 (Source: Kia) Other automakers, including BMW, Mercedes-Benz, and Cadillac, saw EV registration growth in January. The offer could amount to up to $7,800 in savings compared to a same-priced Tesla. Tesla also launched an updated model.

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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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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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Baua Electric

MARCH 4, 2024

That’s more than the Cadillac Escalade, 3-row Land Rover Range Rover P400, and Mercedes EQS. billion Metaplant to qualify for the $7,500 federal tax credit. Kia EV9 sales are heating up in the US, with 1,113 sold in December and another 1,408 in January. of rear legroom. Hyundai expects EVs built at the massive $7.6

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EV Adoption

FEBRUARY 7, 2021

Electric Vehicle PR Is Driving Up the Stock Price. These announcements and PR efforts are fundamentally about GM’s long-term future but they have clearly paid off in the short term as GM’s stock price has increased 55.3% in the last 12 months and 223.9% since the 2020 low on March 18 (as of February 5).

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The Truth About Cars

JUNE 12, 2024

Regardless of how you feel about EVs and the tax credits offered by the federal government, the truth is that people are using the incentives. Images: Cadillac/GM, Ford, Chrysler/Stellantis] Become a TTAC insider. Importantly, that $1 billion number does not include leases, which would push the figures much higher.

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Baua Electric

JANUARY 2, 2024

The list of electric vehicles qualified for the EV tax credit in calendar year 2024 has been released. And as anticipated by automakers in recent weeks, the Chevrolet Blazer EV and Cadillac Lyriq don’t yet make the list, while the Ford Mustang Mach-E is for now completely disqualified. And as expected, it’s very short.

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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). 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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Baua Electric

JANUARY 27, 2024

4 models qualify for the $7,500 EV tax credit , making it the first foreign automaker to get the nod under tightened sourcing rules. Porsche priced its electric Macan SUV —simply badged as Macan 4 and Macan Turbo, at $80,450 and $106,950, respectively. The 2024 Acura ZDX was also given a price. population.

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