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Toyota just started its BEV program, but it wasted all its tax credits on hybrids

Electrek

Toyota has sold its 200,000th plug-in car in the US, meaning its access to the $7,500 federal tax credit will sunset over the course of the next 15 months. The company joins Tesla and GM in no longer qualifying for credits, with Ford and Nissan also expected to hit the limit later this year.

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GM EVs at Hertz, Sorento Hybrid price hike, taxing the wealthy for EV infrastructure: The Week in Reverse

Green Car Reports

The 2023 Kia Sorento Hybrid gets a price hike of roughly $2,000. What is Volvo calling the fully electric counterpoint to its XC90 SUV? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending September 23, 2022.

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BMW i5 review, GM EV home backup, VW chooses NACS, free fast charging: The Week in Reverse

Green Car Reports

Which EV models are losing their tax-credit eligibility in 2024? Which new Toyota plug-in hybrid is claimed to go 55 electric miles in its home-market version? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending December 22, 2023.

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GM CFO estimates variable EV profitability in second half of 2024

Teslarati

General Motors (GM) may not be catching up to electric vehicle leaders like Tesla anytime soon, but CFO Paul Jacobson has noted that the automaker’s EV business is still on the right path. ” GM’s electric vehicle efforts were hampered somewhat in 2023, with a company spokesperson noting that the automaker would have $1.7

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Lexus PHEV review, GM EV delay, EV6 price cut, Toyota and Nissan concepts: The Week In Reverse

Green Car Reports

Which long-running EV nameplate reclaimed eligibility for the EV tax credit? The 2024 Lexus TX 550h+ plug-in hybrid is the best version of. Which automakers this week announced a shift to the Tesla-based NACS charge port?

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GM says EV hurdles are ‘not an issue now’ as new models roll out

Baua Electric

GM had its fair share of EV hurdles last year, leading to disappointing sales. Moving past Production Hell After delivering 75,883 electric cars last year, GM missed its goal of selling 100,000 EVs in the second half of 2023. GM’s delayed rollouts were caused by software issues, freight delays, and other factors.

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GM confirms it will reach EV tax credit ceiling this year—then phaseout begins

Green Car Reports

Beginning next April, buyers of General Motors’ electric vehicles and plug-in hybrids won’t be getting the same break on their purchase as those who buy those vehicles from any other brand. GM has confirmed to Green Car Reports that it will reach 200,000 deliveries of vehicles eligible for the.