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GM hopes new EVs like the $35K electric Chevy Equinox will help win back market share

Baua Electric

2024 Cadillac Lyriq models (Source: GM) Cadillac’s Lyriq accounted for 20% of brand sales in Q1, second to only the Escalade. With the tax credit, the Chevy Equinox EV price could fall as low as $35,295. Chevy’s Blazer EV is also eligible for the $7,500 tax credit.

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GM hopes new EVs like the $35K electric Chevy Equinox will help win back market share

Baua Electric

2024 Cadillac Lyriq models (Source: GM) Cadillac’s Lyriq accounted for 20% of brand sales in Q1, second to only the Escalade. With the tax credit, the Chevy Equinox EV price could fall as low as $35,295. Chevy’s Blazer EV is also eligible for the $7,500 tax credit.

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Kia EV9 sales are heating up in the US

Baua Electric

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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Exclusive: 2023 Cadillac Lyriq Preview

Clean Fleet Report

This means the massively popular Escalade will be gone or reengineered, as well as the CT4 and CT5 sedans, and all the XT SUV models. The Lyriq has been designed to continue the bold and sophisticated style of Cadillac with the Escalade owner specifically in mind. Road Test: 2021 Cadillac Escalade. Road Test: 2021 Cadillac CT5.

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Hyundai IONIQ 7 will go by IONIQ 9 as the brand’s first three-row electric SUV

Baua Electric

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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Flash Drive: 2023 Cadillac Lyriq

Clean Fleet Report

The 2023 Lyriq Debut Edition and the first run, which are sold out, had starting prices of $59,990 and $62,990, respectively, including the destination charge. The Lyriq will qualify for state and local tax credits or incentives that could reduce the final purchase price.

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General Motors reports strong quarter, but EV fans might be disappointed

Teslarati

General Motors sidesteps loss of EV tax credit to offer big discounts for customers “We won’t get to low to single-digit profitability until 2025,” CFO Paul Jacobson said about EBIT EV margins. Wedbush maintained its ‘Outperform’ rating on the stock and kept a $40 price target.