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GM expects Chevrolet Silverado EV to get full $7,500 tax credit

Teslarati

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. Fleet customers including for BrightDrop and the Chevrolet Silverado EV will benefit from the $7,500 commercial incentive,” stated General Motors. The all-electric pickup truck is scheduled to launch by 2024.

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Used EV tax credit, Hummer EV range, hybrid theft, Ioniq design: The Week in Reverse

Green Car Reports

General Motors confirmed that it’s listed the. -bound models and 60 U.S. showrooms starting next year? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending November 26, 2021.

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DOE publishes list of EVs eligible for new tax credit

Teslarati

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. Although Tesla and General Motors manufacture their EVs in the North American continent, they are excluded from the $7,500 EV credit. GMC Hummer Pickup. GMC Hummer SUV.

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Tesla Model X SUV Qualifies For $25K 'HUMMER Tax Break'

Green Car Reports

Remember the gas-guzzler tax allowance, nicknamed the "HUMMER deduction" because it allowed small-business owners to buy massive, heavy, fuel-sucking SUVs and deduct a large piece of the cost from their taxes? The HUMMER brand went away as a result of the 2009 GM bankruptcy and government-backed restructuring.

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Putting the “Utility” in Sport Utility Vehicle: Which Electric SUVs Perform Best Off-Road?

EV Life

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. sec 829 lb-ft 352-400 miles Quad-Motor AWD 835 hp 3.0

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VW 'Cheat Mode' Test, Tesla Model X Tax Break, Mitsubishi eX Concept: Today's Car News

Green Car Reports

Today, Consumer Reports tests the Volkswagen diesel "cheat mode," the Tesla Model X gets a tax break formerly used for HUMMERs, and the Mitsubishi eX electric crossover concept appears ahead of its official debut at the 2015 Tokyo Motor Show. All this and more on Green Car Reports.

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GM to invest $6.5B for EV and battery production facilities in Michigan

Teslarati

General Motors is set to invest $6.5 billion in an approved tax rebate for the Orion Assembly Plant, where the Chevrolet Bolt EV is made. billion tax rebate, will be the location of some of these new models’ production. According to a meeting agenda and two sources, GM will pump a massive $6.5 GM also recently received $1.3

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