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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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Chevy Bolt EV discount, Toyota tax-credit phaseout, EV market collapse: Today’s Car News

Green Car Reports

Retroactive discounts apply to the Chevrolet Bolt EV and EUV. Toyota likely hit the ceiling for the EV tax credit. Electric trucks could pull off the majority of fleet uses today at a cost advantage. Is the EV market on the verge of collapse over price pressures? This and more, here at Green Car Reports.

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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

Due to a steady increase in availability of new models, expanded price mix within existing models and widening eligibility of federal and state incentives, acquisition cost is starting to fade as a hurdle to EV adoption, according to J.D. Additionally, both manufacturers recently announced significant price cuts on both models.

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How Does the Electric Car Tax Credit Work in 2023?

Setec Powerr

The global push towards sustainable energy and reducing carbon emissions has given rise to the popularity of electric vehicles (EVs). 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

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Colorado Electric Vehicle Tax Credit Rises to $5,000

EV Life

Great news for drivers looking to purchase an electric vehicle in Colorado! But the most exciting part of the new bill for many Colorado residents is the expansion of an additional Colorado Electric Vehicle Tax Credit for qualified drivers looking to purchase electric vehicles. What Are Electric Vehicle Incentives?

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Chevy Blazer EV review, Kona Electric pricing, 48V Tesla and the tax credit: The Week in Reverse

Green Car Reports

The 2024 Chevrolet Blazer EV is the first mass-market SUV built on GM’s. Where is the federal government’s charging network already up and running? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending December 15, 2023.

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Chevy prices 2017 Bolt EV at $37,495; $29,995 after federal tax credit

Green Car Congress

Chevrolet will offer the Bolt EV with a base Manufacturer’s Suggested Retail Price of $37,495 including destination charge. Depending on individual tax situations, customers may receive an available federal tax credit of up to $7,500 for a net value of $29,995.