Electrek

APRIL 17, 2023

General Motors shared Monday that it now leads the industry in the number of EV models that qualify for the full $7,500 tax credit. GM expects its entire lineup of electric vehicles under the MSRP cap to be eligible for the full EV tax credit in 2023.

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Green Car Reports

JULY 29, 2022

And a re-upped EV tax credit could give an immediate boost to GM and Tesla. The EV tax credit expansion is back, and it’s once again a possibility. Siemens aims to manufacture a workaround for EV-charger home electrical-panel upgrades. Florida bulks up on EV charging infrastructure. Under a Senate.

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Electrek

DECEMBER 21, 2023

GM revealed the new Chevy Blazer EV and Cadillac Lyriq are expected to lose eligibility for the EV tax credit starting January 1. According to GM, the disqualification is only temporary due to minor components.

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Baua Electric

JANUARY 3, 2024

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. This comes after several GM electric models were excluded, starting this week. According to GM, the setback is only temporary due to “two minor components” in the EV models. Until then, GM will fill in the gap for buyers.

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Baua Electric

MARCH 8, 2024

With drastically lower starting prices, the Blazer EV now starts at just over $50,000 and qualifies for the full $7,500 federal tax credit. Scott Bell, VP of Chevy Global, told Automotive News , “We are aware that a limited number of Blazer EV owners have experienced several software quality issues.”

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Electrek

JULY 28, 2022

The US Senate is going to move forward with a sweeping new bill after Senator Joe Manchin finally accepted to include investments to curb climate change. The new bill is going to include the long-awaited electric vehicle tax credit reform that is going to give back access to the tax credit to Tesla GM vehicles, along with other changes.

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Green Car Reports

JUNE 14, 2022

Automakers want Congress to consider the EV tax credit yet again. GM teased a first picture of its Blazer EV. A group of four automakers—GM, Ford, Toyota, and Stellantis—have sent a letter to Senate. Dynamic wireless charging gets put to another test. And Tesla is on top for another year or two.

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Green Car Reports

JUNE 14, 2022

Automakers want Congress to consider the EV tax credit yet again. A group of four automakers—GM, Ford, Toyota, and Stellantis—have sent a letter to Senate and House of. Dynamic wireless charging gets put to the test. And Tesla is on top of the world—in EVs—for another year or two.

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EV Adoption

AUGUST 18, 2021

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). What is less clear is how Tesla and GM will handle leases.

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Electrek

OCTOBER 28, 2022

General Motors CEO Mary Barra spoke with analysts Tuesday, saying GM’s EV models will be able to qualify for the full tax credit in two to three years. The post Mary Barra claims GM’s electric vehicles will qualify for the full tax credit in ‘2 to 3 years’ appeared first on Electrek.

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Baua Electric

FEBRUARY 9, 2024

According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit. With a $7,500 tax credit on the line, Hyundai has pulled the timeline forward as quickly as possible. Munoz said EVs produced at the new plant will qualify for the tax credit.

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Baua Electric

JANUARY 3, 2024

You can score a 2023 Chevy Bolt EV for under $20,000 with new IRS rules allowing you to use the tax credit as a down payment. You can buy a Chevy Bolt EV for under $20,000 Rather than waiting until next year’s tax return, you can now use the EV tax credit at the point of sale. But you may want to act fast.

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Electrek

JULY 1, 2022

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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Teslarati

AUGUST 17, 2022

Department of Energy’s Alternative Fuels Data (DOE) published a list of electric vehicles that are immediately available for the new $7,500 EV tax credit. Under the new law, only EVs assembled in North America qualify for the credits. Under the new law, the manufacturer’s sales cap is lifted.

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EV Life

OCTOBER 7, 2023

The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.

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Green Car Reports

OCTOBER 24, 2018

GM is next, after Tesla, in hitting the 200,000 ceiling for the EV tax credit. Less than six days after rolling its new Model 3 Mid Range out for order. The EPA dismisses some more groups of scientists. And electric-vehicle hopeful Dyson is soon starting a factory, as Faraday Future's struggles continue.

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Green Car Reports

FEBRUARY 4, 2023

One of the biggest news nuggets of the week in the efficiency. And which one doesn’t see 300-mile EVs as the future? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending February 3, 2023.

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Baua Electric

MARCH 9, 2024

The Blazer price cuts and restored tax credit bring the effective price for qualified buyers down to USD 42,695 from the original USD 56,715 for the lowest-priced model. GM said it would cut the price of the Blazer by about USD 5,600 to USD 6,500 based on the trim level. Separately, GM on Feb. Treasury on Jan.

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Baua Electric

APRIL 23, 2024

After losing EV market share in the US in the first three months of 2024, GM believes it can turn things around. GM expects new models like the Chevy Equinox EV and improved battery production will help regain EV market share in the second half of the year. Chevy Bolt (Source: GM) GM accounted for 6.2%

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Baua Electric

APRIL 23, 2024

After losing EV market share in the US in the first three months of 2024, GM believes it can turn things around. GM expects new models like the Chevy Equinox EV and improved battery production will help regain EV market share in the second half of the year. Chevy Bolt (Source: GM) GM accounted for 6.2%

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The Truth About Cars

APRIL 24, 2024

One of the biggest reasons not to purchase an EV that I hear is that the MSRP of most EVs is too high, even considering tax credits. If it helps, take Tesla out of the equation and think about a $25K EV sold by Ford or GM or Honda or whoever. Does that ring true? Sound off below. Image: Tesla] Become a& TTAC insider.

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Baua Electric

APRIL 1, 2024

battery-supply deal with China’s CATL, Car News China reports. GM already works closely with CATL, but that relationship is limited to the China market. or Mexico, along with a GM license agreement for CATL’s LFP battery tech. General Motors is negotiating a U.S. car manufacturing.”

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Baua Electric

MARCH 8, 2024

GM announced Friday that it’s dropping prices by up to $6,520 on its 2024 Chevrolet Blazer EV , while resuming sales and deliveries of the model to customers. GM paused sales of the Blazer EV in December. That aligns the Blazer EV to make a lot more sense versus other Ultium models from elsewhere in the GM family.

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Baua Electric

MARCH 28, 2024

General Motors (GM) is reportedly in talks with battery giant CATL to license its cheaper LFP battery tech. The plans could include a new joint North American plant to produce the new batteries. GM is ramping up production of its Ultium-based models after it “turned the corner” at its battery factory in Detroit.

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Teslarati

MARCH 9, 2024

General Motors (GM) brand Chevrolet has begun selling the Blazer electric vehicle (EV) once again, after the automaker halted orders for over two months due to a software quality issue. GM also plans to utilize the division on all of its future vehicles.

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Baua Electric

FEBRUARY 8, 2024

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.

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Teslarati

JUNE 9, 2023

Yesterday, GM became the second legacy automotive company , following Ford, to come to an agreement with Tesla, which will see 12,000 Supercharger locations be opened to those vehicles, accessible through an adapter. Last week, Tesla confirmed its entire Model 3 lineup now qualifies for the full $7,500 tax credit.

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The Truth About Cars

MARCH 13, 2024

The brand doesn’t currently offer a performance EV, but hot sedans are nothing new to the company. That said, GM hasn’t had the smoothest rollout with its other electric models. Several GM EVs also lost federal tax credit eligibility, though that will likely change before too long.

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Baua Electric

MARCH 18, 2024

GM assures us that that problem is now under control, and so is the Blazer’s (apparently unrelated) software snafu. “We They were not related to GM’s decision to stop using Apple CarPlay and Android Auto. Once the bugs were squashed, GM did a heroic amount of real-world testing before putting the Blazer EV back on sale.

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Baua Electric

JANUARY 3, 2024

2023 Chevy Bolt EUV (Source: Chevrolet) GM has released its Q4 sales numbers , showing Ultium still ramping steadily, but overall EV sales are down as its best-selling model, the Bolt, winds down as Chevy takes it off the market in its best year of sales ever – leaving GM with only 3.1% EV share, well below the US average.

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Green Car Reports

JANUARY 13, 2016

liter TDI diesel cars, and we look at when electric-car tax credits will expire. Today, General Motors says it won't fund Combined Charging Standard (CCS) DC fast-charging stations for the 2017 Chevrolet Bolt EV electric car, California rejects Volkswagen's proposed fix for 2.0-liter All this and more on Green Car Reports.

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Electric Auto Association

JULY 2, 2022

Extreme EVs, Hyundai, GM, Ferrari, and more. GM Retroactive refund! GM is slashing prices and offering retroactive discounts on Chevy Bolt electric vehicles (TVs). Ultra-luxury coming Cadillac’s new, hand-built Celestiq was teased as its future flagship vehicle. GM EV Hummers on assembly line. Chevrolet Bolt.

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Baua Electric

JANUARY 10, 2024

The Korean automakers surged past Ford and GM with stylish, functional EVs built for the modern era. Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai) According to new research from BloombergNEF , the growth was enough for Hyundai and Kia to top Ford and GM for second in US EV sales.

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Baua Electric

MARCH 13, 2024

Cadillac gave a sneak peek of “the future of electric performance,” teasing its new Opulent Velocity EV concept. But with GM falling behind in the EV market, is a concept enough at this point? On the top of GM’s to do list this year is “getting vehicles out there right and getting the software,” according to Barra.

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Baua Electric

MARCH 21, 2024

After GM drastically cut the starting price of the new Chevy Blazer EV , early buyers are now eligible for a reimbursement of up to $6,520. Chevy offers early Blazer EV buyers reimbursement GM finally lifted the Blazer EV stop-sale after nearly three months in early March. FTC: We use income earning auto affiliate links.

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Teslarati

JANUARY 29, 2024

This positive trend was partially fueled by tax credits from the U.S. billion KRW from the IRA tax credit, which grew 16% from the previous quarter due to a solid performance from LGES factories in the United States. Excluding the tax credit: Operating profit would be KRW 88.1 from the same period last year.

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Teslarati

SEPTEMBER 8, 2022

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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