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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Teslarati

JULY 11, 2023

Audi’s Q4 e-tron and Q8 e-tron, as well as the GMC Hummer EV SUV, have inventories that are well above 100 days. One particular reason behind the lack of sales for vehicles like the GMC Hummer EV SUV and the Hyundai Ioniq 5 may be their ineligibility for the Inflation Reduction Act’s (IRA) federal tax credits.

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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. USD 7,500 EV tax credit after new battery sourcing rules from the U.S. automaker to halt deliveries in late December. Treasury on Jan.

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Baua Electric

MAY 17, 2024

With the $7,500 EV tax credit included, prices could fall to as low as $27,500. GM has yet to reveal official specs and info, but the Chevy Camaro EV is expected to ride on its Ultium platform, which is also used for the Blazer, Equinox, Silverado, and GMC Hummer EV, Cadillac Lyriq EVs.

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EV Life

DECEMBER 12, 2023

These standards are important because they dictate the MSRP limit the vehicle must meet in order to qualify for the federal EV tax credit, which can make or break sales numbers. If a vehicle qualifies as a car, the MSRP limit is $55,000 to be eligible for the tax credit. Range Dual Motor AWD 533 hp 4.5

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EV Life

FEBRUARY 2, 2020

Here are the top four electric vehicle ads (along with their rebates, tax credits, and other incentives): Ford Mustang Mach-E (2020). MSRP: From $43,895 Incentives: up to $7500 federal tax credit, up to $5,000 in state rebates Verify your incentives. GMC Hummer EV (2021). Availability: Late 2020. Join waitlist.

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Baua Electric

MARCH 13, 2024

General Motors has already pushed back production of several key electric models, including the Equinox EV, Silverado EV, and GMC Sierra Denali EV. After regaining eligibility for the $7,500 EV tax credit, the Chevy Blazer EV 2LT AWD starts at $42,695 (including the credit). GM lowered Blazer EV prices by up to $6,500.

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Baua Electric

APRIL 23, 2024

GM’s Cadillac Lyriq and GMC Hummer EV both saw solid sales growth in Q1, with 5,800 (+499%) and 1,668 units sold, respectively. 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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Baua Electric

APRIL 23, 2024

GM’s Cadillac Lyriq and GMC Hummer EV both saw solid sales growth in Q1, with 5,800 (+499%) and 1,668 units sold, respectively. 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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Baua Electric

APRIL 1, 2024

” 2024 GMC Sierra EV Denali Edition 1 Ford announced its joint-venture battery plant with CATL in February of last year, touting it a key to EV affordability. In September, GM CEO Mary Barra told The Wall Street Journal that Ford’s partnership with CATL “could be the harbinger of Chinese domination of U.S. car manufacturing.”

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Baua Electric

JANUARY 3, 2024

GM and the National Highway Traffic Safety Administration are recalling 265 units of the 2024 Chevy Equinox, 2024 Chevy Blazer, 2024 Chevy Blazer EV, and 2024 GMC Terrain due to defective door strikers that were installed incorrectly by a faulty heat treatment during the assembly.

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Baua Electric

APRIL 27, 2024

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. The 2025 Mercedes-Benz G-Class EV made its debut this week. dealerships to sell its EVs.

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EV Adoption

AUGUST 19, 2021

Should expensive electric vehicles be excluded from the federal electric vehicle tax credit (IRC 30D)? While this question is often hotly debated on social media, the proposed changes to IRC 30D would draw a line in the sand and establish an $80,000 MSRP cap on the credit.

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Clean Fleet Report

JUNE 4, 2022

These big price reductions, $5,900 for the Bolt EV and $6,300 for Bolt EUV, makes them more competitive as Chevrolet no longer qualifies for the federal $7,500 tax credit. Bolt EUV $28,195 ($34,495). But it is more than that. Other than the price drop, the 2023 models are carryovers from 2022, when they were given extensive updates.

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Plug in America

JANUARY 13, 2022

Many of these vehicles are eligible for the federal EV tax credit of up to $7,500 and other state/local incentives. Rivian’s R1T is the first electric pickup truck to hit the market while the Tesla Cybertruck, Ford F-150 Lightning, and GMC Hummer EV are still to come. For more information on these incentives, visit PlugStar.com.

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Baua Electric

APRIL 25, 2024

It confirmed that the 2024 GMC Sierra EV Denali Edition 1, 2024 Chevrolet Blazer EV, 2024 Chevrolet Equinox EV , 2024 Cadillac Lyriq, and the future Cadillac Escalade IQ will also be part of that rollout. For this scenario, it’s likely some homeowners will, in the future, be combining V2H vehicles with even smaller battery backup.

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EV Adoption

NOVEMBER 29, 2021

In my previous article, Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives , I outlined and analyzed 13 proposed changes to IRC 30D (federal EV tax credit). But all of these PHEVs have batteries of around 9 kWh and so they could easily be upgraded to 10 kWh to qualify for the tax credit.

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Cars That Think

APRIL 4, 2022

The new GMC Hummer EV I drove last week manages to illustrate both sides of the size-versus-speed conundrum. The GMC Hummer EV. GMC The reborn Hummer is a 1,000-horsepower, 4,111-kilogram (9,063-pound) off-road burrito, stuffed with a 200-kilowatt-hour battery pack that’s the largest and heaviest of any EV in history.

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EV Adoption

FEBRUARY 7, 2021

In GM teaser videos we saw hints of future electric GMC and Chevrolet pickups and what clearly looks like a Camaro. And because many of these models would be higher-end GMC and Cadillac models, the overall average volume per model comes out to less than 13,400.

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Green Car Reports

OCTOBER 29, 2021

GM is betting on a lot of accessories for GMC Hummer EV buyers. The Biden administration is still banking on a union bonus for the EV tax credit. And Mitsubishi puts a big battery in its upcoming second-generation Outlander Plug-In Hybrid. This and more, here at Green Car Reports.

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EV Adoption

JANUARY 8, 2022

Especially if Congress removes the OEM cap which would mean at least a $7,500 tax credit and as much as $12,500, the Bolt has the potential to be the top selling EV in the US in 2022 other than models from Tesla. The Bolt, which is expected to resume production in early March , was on pace until the recall to sell 40,000 units in 2021.

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EV Life

JULY 21, 2023

The Lightning is expected to compete against similar electric trucks like the aforementioned Chevy Silverado EV, GMC’s Hummer EV, the Rivian R1T , and the Tesla Cybertruck. Every one of them qualifies for the federal EV tax credit outlined in the Inflation Reduction Act of 2022.

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Teslarati

JANUARY 30, 2024

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. Those projections are based on the current expectations for EV demand and production growth.

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The Truth About Cars

JUNE 7, 2023

General Motors recently released the absolutely ludicrous GMC Hummer EV while the Chevrolet Bolt is being discontinued. But it still seems a little expensive and we don’t know which EV tax credits it’ll be eligible for due to it being produced inside of China. That’s about what we’d expect from an EV of this size.

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Cars That Think

OCTOBER 29, 2021

Every buyer is eligible for a $7,500 federal tax credit, pushing the most-affordable Air to $71,400. This week, Lucid finally put a number to its largest battery pack: 118 kilowatt hours, a far cry from the up-to-200 kWh units coming in EV behemoths like the GMC Hummer EV.

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Get Electric Vehicle

JANUARY 29, 2023

She mentioned that an electric GMC Hummer weighs about 9,000 pounds (4,000 kilograms), with a battery pack that weighs 2,900 pounds (1,300 kilograms) on its own which is roughly the weight of a regular Honda Civic.   Jennifer Homendy, the head of NTSB highlighted the matter in a speech to the Transportation Research Board in Washington.

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EV Adoption

NOVEMBER 26, 2021

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

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Teslarati

NOVEMBER 6, 2021

The new EV tax credit breakdown could award as much as $12,500 for an EV purchase, but that’s not the best part. Over the past several days, more details regarding the EV tax credit have been detailed, especially as revisions to the bill were made just a few days ago to include trucks, SUVs, and vans.

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Teslarati

JUNE 15, 2022

Musk’s points are incredibly valid, not only because the White House has devoted a specific loyalty to UAW-run plants (even offering additional funds to a revised version of the EV tax credit if the vehicle was built at a union facility), but because Tesla has routinely outperformed GM in EVs.

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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 did, Mary.

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Charged EVs

SEPTEMBER 23, 2022

Meanwhile, cells for the small number of Ultium-based EVs GM builds this year, including not only the Cadillac Lyriq but the GMC Hummer EV, will come from a low-volume pilot production line set up at GM’s Tech Center in Warren, Michigan. The three GM-LG plants now under constructions should neatly meet those requirements.

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EV Adoption

MARCH 31, 2021

Clair, Michigan, that will build complex battery enclosures for the all-new 2022 GMC Hummer EV. The Securing America’s Clean Fuels Infrastructure Act would improve and expand the Alternative Fuel Vehicle Refueling Property Investment Tax Credit (ITC), commonly referred to as “30C,” lowering costs for clean vehicle infrastructure deployment.

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