Remove Chevrolet Remove Commercial Remove Cost Remove Tax
article thumbnail

81% of EVs Sold in 2023 Still Qualify for the Federal EV Tax Credit

EV Life

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?

article thumbnail

Maven Gig begins expanding geographically; Bolt EV the most popular

Green Car Congress

Having unlimited mileage and insurance to cover personal and commercial use are extremely important for drivers in the gig economy. Pricing starts at $189 plus taxes for a Chevrolet Cruze. The Chevrolet Bolt EV is available for reservation with free charging at EVgo stations for a limited time.

article thumbnail

Chevrolet Volt MSRP Starts at $41,000, $33,500 Net of Full Federal Credit; 3-year Lease Program with Option to Buy

Green Car Congress

GM will introduce the Chevrolet Volt extended range electric vehicle with a starting MSRP of $41,000; after applying the Federal income tax credit of $7,500, the price drops to $33,500. To find a participating Chevrolet Volt dealer, customers are directed to [link]. 5-year/ 100,000-mile limited gasoline engine coverage.

Volt 199
article thumbnail

GM taps ex-Tesla battery chief to deliver cheaper EVs sooner

Baua Electric

In this newly-created position, Kelty will be tasked with bringing together GM’s development resources “to more quickly deliver profitable, lower-cost, higher performing electric vehicles to customers at scale,” and will report directly to GM president Mark Reuss, the automaker said in a press release.

GM 52
article thumbnail

Blazer EV price cut, Dodge electric muscle, Rivian R2 and R3: The Week in Reverse

Baua Electric

Which affordable EV regained its EV tax credit eligibility this week? GM confirmed Friday a huge price cut for the 2024 Chevrolet Blazer EV , as it resumed deliveries on the model. With the price cut, the Blazer EV will cost $50,195, or just $42,695 to households who can take advantage of the $7,500 tax credit.

Dodge 52
article thumbnail

US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

Green Car Congress

While several high profile vehicle market introductions such as the Chevrolet Volt and the Nissan Leaf have been initiated, questions remain regarding the potential to reach the 2015 goal. However, additional policy steps are needed to further drive innovation, reduce costs, and spur consumer demand, the report says. Earlier post.).

2015 210
article thumbnail

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

EV Adoption

And then this past week, GM released its humorous “ No Way Norway ” EV commercial featuring Will Ferrell. At the end of the commercial, GM shares a significant EV promise: “30 new EVs by 2025.” ” Source: GM Norway Super Bowl TV Commercial. GM’s EV Sales Since 2010.

GM 116