Green Car Reports

NOVEMBER 14, 2018

As tax credits for buyers of America's two most popular electric-car brands begin to sunset, automakers and advocates are banding together to restructure the tax-credit program and extend them. Tesla, General Motors, and Nissan—the top three sellers of electric cars in the U.S.—have

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Tax Credit Tax Nissan Electric Cars 153

Green Car Reports

JANUARY 4, 2023

The 2023 Chevrolet Bolt EV once again qualifies for the federal EV tax credit, but now it's also getting a small price increase. General Motors lost eligibility for the $7,500 credit when it reached the 200,000-unit sales cap that was previously in place.

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Tax Credit Tax Price General Motors 163

CleanTechnica EVs

JANUARY 5, 2024

continued] The post Don’t Worry If Your Favorite GM EV Doesn’t Qualify For A Federal Tax Credit appeared first on CleanTechnica. You’ve probably been frustrated this week if you were waiting for 2024’s cash rebate program to buy a General Motors.

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Tax Credit Tax GM General Motors 126

The Truth About Cars

DECEMBER 29, 2023

GM has paid San Francisco $108 million in taxes and $13 million in interest since 2016 and now wants it back. Rather than taxing GM and Cruise separately, as the automaker claims it should, the city lumped them together, resulting in higher tax bills.

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San Francisco Tax GM Taxi 107

Green Car Congress

NOVEMBER 27, 2018

GM expects these actions to increase annual adjusted automotive free cash flow by $6 billion by year-end 2020 on a run-rate basis. GM is evolving its global product development workforce and processes to drive world-class levels of engineering in advanced technologies, and to improve quality and speed to market.

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GM International Production 2019 207

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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Tax Credit Florida Tax Re-Charge 159

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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Tax Credit Tax GM General Motors 116

Green Car Reports

DECEMBER 22, 2023

EV tax credit qualification gets murky in the new year. An even higher tariff on Chinese EVs is being considered. And the Lexus RZ EV gets a lower-priced base model with more range. This and more, here at Green Car Reports. The 2024 Lexus RZ 300e adds more driving range to the only EV in the Toyota luxury brand’s U.S.

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Tax Credit Lexus Tax Range 164

CleanTechnica EVs

MARCH 3, 2022

Elon Musk’s 2021 taxes were just about enough to pay back GM’s bailout earlier this century. billion bailing out GM, more than the $10.3 billion the Treasury Department estimated it made when it sold its remaining GM shares in December. Reuters reported that the US government lost $11.2

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Tax GM Economy Electric Vehicles 133

Electrek

JULY 28, 2022

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. The post Senate moves forward with EV tax credit reform, Tesla (TSLA) to be included back and more appeared first on Electrek.

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Tax Credit Tax Climate Change Tesla 145

The Truth About Cars

JANUARY 4, 2024

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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Tax Credit GM Tax Cadillac 111

Teslarati

APRIL 17, 2023

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. Chevrolet, a GM brand, unveiled the Silverado EV earlier this year. The Chevrolet Silverado EV will be equipped with GM’s Ultimum Platform and probably the Ultium battery pack.

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Tax Credit Silverado Chevrolet Tax 97

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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Tax Credit Cadillac Tax GM 129

Green Car Reports

JANUARY 14, 2020

When the Chevrolet Bolt EV’s federal EV tax credit eligibility amount dropped from $3,750 to $1,875 back on October 1, many expected GM to start making up for it with some deals.

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Tax Credit Tax 2020 Chevrolet 148

Teslarati

DECEMBER 30, 2023

General Motors (GM) is suing the city of San Francisco for allegedly taxing the automaker unfairly by using its self-driving unit Cruise to subject the company to $108 million in taxes over a seven-year period. Last week, GM filed a lawsuit against San Francisco — dubbed General Motors Co.

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San Francisco Tax GM General Motors 93

Electrek

DECEMBER 29, 2023

The fallout from robotaxi company Cruise continues, as now General Motors has just filed a lawsuit against San Francisco for $121 million, in what it calls unfair taxes and penalties since it acquired Cruise. more… The post More Cruise fallout: GM sues San Francisco for $121 million appeared first on Electrek.

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San Francisco GM General Motors Tax 127

Green Car Congress

APRIL 14, 2017

—GM Chairman and CEO Mary Barra. Cruise Automation and GM engineers are currently testing more than 50 Chevrolet Bolt EVs with self-driving technology on public roads in San Francisco; Scottsdale, Arizona; and metro Detroit. The incentive was approved by the California Competes Tax Credit Committee at a meeting in Sacramento.

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San Francisco GM California Tax Credit 150

Green Car Reports

OCTOBER 24, 2018

GM has confirmed to Green Car Reports that it will reach 200,000 deliveries of vehicles eligible for the. 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. Any other brand but Tesla, that is.

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Tax Credit GM General Motors Tax 137

Teslarati

JANUARY 21, 2022

According to a meeting agenda and two sources, GM will pump a massive $6.5 On Tuesday, GM is expected to announce the massive investment at an event in Lansing, Michigan. GM also recently received $1.3 billion in an approved tax rebate for the Orion Assembly Plant, where the Chevrolet Bolt EV is made.

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Michigan GM Production Battery 141

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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Tax Credit Tax Electric Vehicles General Motors 135

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 Volt Chevrolet 121

The Truth About Cars

JANUARY 21, 2025

The Honda Prologue has been selling like hotcakes, thanks to aggressive incentives and the federal EV tax credit. The ZDX shares most of its design with the Honda Prologue, and both are built by GM. Acura now wants in on that action and is offering a lease deal on a 2024 ZDX that could make it less than $300 per month. It gets an 11.3-inch

Acura 108

Acura Los Angeles Tax Credit Honda 108

Teslarati

NOVEMBER 18, 2021

Factory Zero has gone through a $2 billion conversion, and it is expected to produce several all-electric cars, starting with the GMC Hummer EV, a hulking zero-emissions pickup truck which, ironically, would (mostly) not be included in the Biden administration’s planned EV tax credit program. You know how critical it is? You did, Mary.

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Auto Industry GM Industrial Industry 145

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

Teslarati

JANUARY 18, 2022

Orion Township approved General Motors’ (GM) request for a tax rebate on its proposed $1.3 The Orion Assembly Plant will also produce GM’s other electric vehicles. . GM plans to introduce 30 new electric vehicles to the global auto market by 2025, and the Orion Assembly Plant will play a key role in its goal.

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Tax General Motors GM Production 116

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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Tax Credit Tax Congress Charging 124

Green Car Reports

NOVEMBER 30, 2018

Members of the lame-duck Congress all got letters on their desks Tuesday stating why the electric-car tax credit should be revised and extended.

Tax Credit 137

Tax Credit Tax Congress Plug-in 137

Green Car Congress

DECEMBER 6, 2016

As an official accessory, AeroVironment’s 32A (a slight boost up from the 30A models in the rest of the EVSE-RS range ) charging station will be labeled with its own GM part number and will be available through Chevrolet dealerships. General Motors Company has named AeroVironment, Inc.’s

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Chevrolet 2017 GM Charging 150

Green Car Congress

JUNE 21, 2017

Maven Gig members can reserve a Chevrolet Bolt EV for $229 per week plus taxes, which includes insurance (minus deductibles), maintenance, unlimited miles and free charging at EVGo stations for a limited time. Maven Gig launched in San Diego in May and is fully subscribed. Maven Gig Bolt EVs have driven nearly 20,000 miles in San Diego.

San Francisco 150

San Francisco San Diego Los Angeles GM 150

EV Adoption

AUGUST 18, 2021

A key component of the CEAA is nine proposed changes to the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) — more commonly known as the “federal EV tax credit.”. I’ve written extensively on the tax credit and especially its many flaws, ineffectiveness, and areas in the regulations that desperately need fixing.

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Tax Credit Tax Parts GM 105

CleanTechnica EVs

NOVEMBER 3, 2021

So, I may be getting ahead of myself by discussing upcoming EV tax credits. As currently written, they’d give GM and Tesla buyers access to the tax credits again, but give US-made and […].

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Tax Credit Tax Dealers Congress 108

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.

Tax Credit 168

Tax Credit Affordable Hummer GMC 168

CleanTechnica EVs

APRIL 19, 2023

The US federal tax credit for electric vehicles has been updated, and that means that some electric cars, trucks, and SUVs no longer qualify for the full tax credit — or even half the tax credit. Actually, most electric vehicles on the market in the United States no longer qualify!

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Tax Credit Tax Fully Electric Electric Cars 138

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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Tax Credit Tax Congress Charging 114

InsideEVs

JULY 24, 2024

Dealers are reportedly being paid $2,500 for every Chevy Silverado EV work truck they manage to sell.

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Silverado Tax Credit Chevrolet Tax 130

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. It won’t solve the problem.

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Tax Credit Tax Sale Plug-in 98

Green Car Reports

SEPTEMBER 25, 2022

Why did Tesla issue a safety recall for more than a million vehicles this week? 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. The 2023 Kia Sorento Hybrid gets a price hike of roughly $2,000.

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Price Hybrid Tax Volvo 164