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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Tax Credit Tax Manufacturer Parts 111

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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Tax Credit Tax GM Buy 52

EV Adoption

FEBRUARY 23, 2021

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit.

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Tax Credit Tax Sale Plug-in 98

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.

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GM Tax Credit Price Auto 52

Green Car Reports

DECEMBER 16, 2023

The 2024 Chevrolet Blazer EV is the first mass-market SUV built on GM’s. 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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Tax Credit F-150 Tax Chevrolet 121

InsideEVs

JULY 28, 2022

Tesla, GM, and Toyota may become eligible for the tax credit again, and it won't be geared toward rich people or pricey EVs.

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Tax Credit Tax Price GM 62

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. 2024 Chevrolet Blazer EV RS Chevrolet is also dropping prices on the Blazer EV by thousands.

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GM Price Sale Tax Credit 52

Green Car Congress

MARCH 21, 2012

Colorado residents who purchase or lease a new Chevrolet Volt are eligible for a state tax credit of up to $6,000 in addition to a federal tax credit of up to $7,500 for a total price reduction of as much as $13,500. A tool to determine specific state or local electric vehicle tax credits is available here.

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Tax Credit Colorado Volt Tax 231

Green Car Reports

FEBRUARY 4, 2023

Which automaker promised “radically simplified” future EVs with smaller batteries? 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. One of the biggest news nuggets of the week in the efficiency.

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Tax Credit Mazda PHEV Tax 142

Green Car Reports

OCTOBER 24, 2018

GM is next, after Tesla, in hitting the 200,000 ceiling for the EV tax credit. The EPA dismisses some more groups of scientists. And electric-vehicle hopeful Dyson is soon starting a factory, as Faraday Future's struggles continue. All this and more on Green Car Reports.

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Tax Credit Tax GM Tesla 70

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. Chevy announced on Friday that it’s now resuming Blazer EV sales, re-launching the vehicle’s three configurations with lower price tags starting at $50,195.

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Price Sale GM Chevrolet 94

Green Car Reports

MARCH 29, 2019

Consumers have less than three days to buy a plug-in Chevy Volt or Bolt EV from GM and still qualify for the full $7,500 federal tax. Nor does GM have any plans to cut prices after the tax cut expires on Monday, as Tesla did with its cars after the tax credit.

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Tax Credit Tax Chevrolet Volt 94

Green Car Reports

OCTOBER 21, 2023

Which long-running EV nameplate reclaimed eligibility for the EV tax credit? Which automakers this week announced a shift to the Tesla-based NACS charge port? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending October 20, 2023.

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Lexus Tax Credit PHEV Tax 124

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. With Chevy Bolt EV sales down 64% to just 7,040, GM lost market share from Q4.

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GM Market Cadillac Escalade 52

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. With Chevy Bolt EV sales down 64% to just 7,040, GM lost market share from Q4.

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GM Market Cadillac Escalade 52

Teslarati

JUNE 9, 2023

Tesla ( NASDAQ: TSLA ) and General Motors’ deal that will see the Detroit-based automaker utilize 12,000 Supercharger locations in North America and eventually adopt the North American Charging Standard (NACS) connector helped Wedbush push its price target on Tesla stock upward on Friday, analysts from the firm said.

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GM Price Tesla General Motors 99

Green Car Reports

FEBRUARY 15, 2021

As GM prepares for the introduction of two very upscale electric vehicles, the GMC Hummer EV and the Cadillac Lyriq, the Bolt lineup plays an important role, it faces one pesky problem.

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Tax Credit Affordable Hummer GMC 155

Baua Electric

MARCH 10, 2024

Which affordable EV regained its EV tax credit eligibility this week? GM confirmed Friday a huge price cut for the 2024 Chevrolet Blazer EV , as it resumed deliveries on the model. The Blazer EV had been under a stop-sale as GM sorted out a string of software woes affecting drivability, usability, and sometimes charging.

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Dodge Tax Credit Price Tax 52

Teslarati

OCTOBER 12, 2023

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. As new vehicle transaction prices declined once again in September, according to Kelley Blue Book data, Tesla is the culprit, helping consumers find industry-leading vehicles for a reasonable price.

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Affordable Price Market Tesla 126

Baua Electric

APRIL 27, 2024

Which automaker priced its hardware set allowing its EVs to back up the home? The Tesla Model Y undercuts the Model 3 by $5,000 —for those who are EV tax credit eligible—under the latest round of Tesla price cuts made last weekend. It might also be EV tax-credit-eligible while other Model 3 versions aren’t.

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Toyota Price Land Rover Tesla 52

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. We can help you get started today.

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Tax Credit GM Chevrolet Price 52

InsideEVs

OCTOBER 27, 2022

Honda’s new GM Ultium-based Prologue will be eligible for the $7,500 federal tax credit because it’s US-made.

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General Motors Tax Credit Connect Connected 79

Baua Electric

MARCH 13, 2024

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. GM lowered Blazer EV prices by up to $6,500. A more affordable Blazer EV is set to debut later this year.

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Cadillac Concept Tax Credit GM 52

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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GM Market Charging Tax Credit 52

Green Car Reports

MARCH 26, 2019

If more power, a 226-mile range, and a $39,405 base price—before considering the full $7,500 federal EV tax credit you can still get—collectively seems like the sweet spot for the Leaf, you probably have GM to thank.

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Nissan Tax Credit Range 2019 155

Baua Electric

FEBRUARY 27, 2024

Hyundai initially planned to begin production early next year, but the automaker is plowing ahead with the $7,500 federal tax credit on the line. And that was without its electric models qualifying for the $7,500 EV tax credit (only through a leasing loophole). We can help you find the perfect model at the right price.

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Hyundai Tax Credit Georgia Production 52

Teslarati

MAY 9, 2023

We assume General Motors (GM) splits the tax credit 50%/50% with LGES, and Ford (F) 50%/50% with SK On,” the analyst wrote. Morgan Stanley maintained an “Overweight” rating on Tesla and a price target of $200. Shares of Tesla fell 1.54% on Tuesday, landing at $169.15 at the end of the day.

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Tax Credit Tesla Nevada Tax 119

Baua Electric

MARCH 13, 2024

Nissan weighs partnership with Honda to lower EV prices As automakers look to prevent falling further behind EV leaders like BYD , partnerships could become more common According to Nikkei , Nissan may take the plunge as it weighs a partnership with Honda to develop more affordable EV tech. The partnership could include a new EV platform.

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BYD Honda Chinese Nissan 52

Baua Electric

JANUARY 10, 2024

The Korean automakers surged past Ford and GM with stylish, functional EVs built for the modern era. Although Tesla’s share will inevitably fall as new models are introduced, price cuts helped bounce back from an all-time low in Q3. Meanwhile, GM sold around 72,639 EVs in 2023, with the Chevy Bolt accounting for over 85%.

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Kia Hyundai GM Ford 52

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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Baua Electric

APRIL 17, 2024

BCG estimates that most automakers lose around $6,000 on each EV they effectively sell for $50,000, that price accounting for any tax credits or other incentives the customer might be eligible for. GM was supposed to be producing hundreds of thousands of its Ultium EVs annually by now. automakers.

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Boston Consulting Group Tax Credit Chinese Boston 52

Green Car Congress

APRIL 14, 2015

Chevrolet has lowered the price on the Spark EV 1LT to a new manufacturer’s suggested retail price starting at $25,995, down from $26,820. Depending on an individual’s tax situation, the Spark EV ( earlier post ) is eligible for federal tax credit up to $7,500. seconds.

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Chevrolet Maryland Tax Credit Price 150

Green Car Reports

JANUARY 19, 2010

We asked GM spokesman Dave Darovitz for comments on CEO Whitacre's "low-thirties" price for the 2011 Chevrolet Volt. Darovitz tells GreenCarReports.com that while Chevy "has not officially announced final Volt pricing, a price in the low 30's after a $7,500 tax credit is in the.

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Tax Credit Volt Chevrolet Tax 61

Electric Auto Association

SEPTEMBER 9, 2022

The Inflation Reduction Act (IRA) is a massive climate, health care, and tax bill with the overarching goal of slowing the rise in consumer prices that have been climbing at the fastest pace in approximately 40 years. This will support millions more low- and middle-income families than the original credit.

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Tax Credit North America Tax Kentucky 90

Baua Electric

JANUARY 6, 2024

Which EVs made the tax-credit shortlist in 2024? Among its many winning assets: It fits the form that American households seek in a family vehicle, without the luxury price tag, and it’s at the leading edge in all aspects of charging. While it might still be all-in on EVs for the long-term, GM struggled to make EVs in 2023.

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Fisker Kia BYD Tax Credit 52

Teslarati

SEPTEMBER 8, 2022

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. More importantly, with a starting price of $30,000, the vehicle has numerous features that appeal to many consumers.

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Chevrolet GM SUV Cheap 69

Green Car Reports

OCTOBER 11, 2013

The 2014 Cadillac ELR compact luxury coupe will go on sale in January, GM''s high-end brand says. The ELR will carry a base price of $75,995, including destination. It will be eligible for a $7,500 Federal tax credit and a variety of state and local incentives.

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Cadillac 2014 Tax Credit Price 138