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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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GM Will Discount Models Not Currently Eligible for $7,500 Tax Credit

The Truth About Cars

The EV tax credit rules changed again at the beginning of 2024, and stricter requirements on battery materials sourcing cut several previously qualified models from the list. Most GM models failed to make the cut, at least temporarily, and the automaker is offering $7,500 compensatory discounts to keep sales flowing.

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General Motors sidesteps loss of EV tax credit to offer big discounts for customers

Teslarati

General Motors is sidestepping the loss of the electric vehicle tax credit on its vehicles and will still offer a big $7,500 discount on cars for customers. In December, GM said it would temporarily lose eligibility for the credit on some of its cars. can qualify for EV tax credits. 43 vehicles had qualified in 2023.

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GM hints at an affordable Chevy Camaro EV: A $35,000 real electric pony car?

Baua Electric

GM President Mark Reuss says the Camaro needs to be revived as a real pony car, hinting it could start at $35,000, similar to the new Equinox EV. The news came after a source from within GM’s Tech Center told them that the Corvette nameplate was due for the same treatment. An affordable Chevy Camaro EV?

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

Green Car Reports

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

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GM unveils the Chevrolet Equinox EV, its budget SUV offering

Teslarati

General Motors has announced their all-new Chevy Equinox EV, their affordable EV SUV offering. Chevrolet has long been the budget offering of GM products; their vehicles are made for everyone, so what if the interior is comparable to a school lunch tray, it’s cheap and (hopefully) reliable transportation.

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Final EV Tax Credit Details and More EV News

Electric Auto Association

Many Americans want to know if their next EV purchase qualifies for a full, half, or any tax credit. We also have news on the new Kia EV9 three-seater, GM moving on from Apple’s CarPlay, how to become an EV expert, and high-power charging for a truck stop. EV tax credit. kWh battery pack Est. 0-62 mph time is 9.4