Remove Charging Remove Chevrolet Remove Sale Remove Tax
article thumbnail

Rivian tax breaks, Chevrolet Bolt EV sales surge, public chargers vs. total EVs: Today’s Car News

Green Car Reports

has some work ahead to catch up with other countries in providing enough public charging. As part of a quarterly sales update, General Motors revealed Monday that. Rivian’s Georgia factory might have become a little more expensive. And GM cranks out Bolt EVs but is on a slow ramp with Ultium.

Georgia 138
article thumbnail

Chevy Blazer EV goes on sale again with lower price tag

Teslarati

General Motors (GM) brand Chevrolet has begun selling the Blazer electric vehicle (EV) once again, after the automaker halted orders for over two months due to a software quality issue. Chevy announced on Friday that it’s now resuming Blazer EV sales, re-launching the vehicle’s three configurations with lower price tags starting at $50,195.

Price 115
article thumbnail

Proposed Changes to Federal EV Tax Credit – Part 2: End of the Manufacturer Sales Phaseout

EV Adoption

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). In this part 2 article, we’ll dive deeply into the elimination of the per manufacturer 200,000 EVs sold phaseout.

article thumbnail

Chevrolet Spark EV priced below $25,000 with tax incentives; Oregon and Canada added to markets

Green Car Congress

The 2014 Chevrolet Spark EV ( earlier post ), introduced today ahead of the Los Angeles International Auto Show, will be priced under $25,000 with tax incentives. Apple’s Siri will be available for customers with compatible (4S and newer) iPhones. Earlier post.).

Oregon 252
article thumbnail

How Does the Electric Car Tax Credit Work in 2023?

Setec Powerr

One such incentive is the electric car tax credit, designed to help offset the initial cost of EVs for buyers. Section 1: Overview of the Electric Car Tax Credit in 2023 1.1 In 2023, the tax credit remains available for eligible new electric vehicles but has undergone some changes compared to previous years.

article thumbnail

Why Car Dealerships Should Invest in Public Charging

EV Connect

which is almost 8 percent of vehicle sales. EVs offer dealerships the unique opportunity to not only earn money selling and servicing vehicles, but also to offer paid public charging and own the entire EV value chain: sales, servicing, and fueling. 2023 was a record year in EV adoption, with 1.2 million vehicles sold in the U.S.,

article thumbnail

Proposed Federal EV Tax Credit Reform: Will It Move the Sales Needle?

EV Adoption

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit. Chart Source: EV Volumes.