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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. The legacy automaker recently announced that its customers will benefit from the full $7,500 clean vehicles purchase incentive across its entire EV fleet lineup under a given MSRP cap.

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Electric Motors Corporation (EMC) Receives First Indiana Incentives to Launch Electric Automotive Technology

Green Car Congress

million in tax credits and up to $200,000 in training grants to Electric Motors Corporation (EMC), based on the company’s plans to establish an electric vehicle industrial development park the state. Earlier in May, Electric Motors Corporation was acquired by Optimax Industries, Inc., Tags: Brief. EMC, a Camarillo, Calif.,-based

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OPINION: Musk’s distaste for Biden incentives would even EV playing field

Teslarati

The idea, while it would eliminate potentially $12,500 from an EV’s price tag (if it’s built in a Union facility in the United States with a U.S.-produced However, other companies, like Ford, General Motors, and others, who are working to transition to EVs, are getting the attention. Likely not.

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How Much is a Tesla? Much Less, After These Tax Credits and Rebates

EV Life

The reason for the price changes is due to several factors, including shifts in demand and changes to federal rules regarding which electric vehicles qualify for tax credits. In addition to the federal EV tax credit, we’ll examine the various state rebates and grants available to California drivers who qualify.

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National Research Council Report Explores Improving Fuel Economy of Medium- and Heavy-Duty Vehicles; Recommends Immediately Beginning Developing a Regulatory Approach

Green Car Congress

Comparison of 2015-2020 new vehicle potential fuel-saving technologies for seven vehicle types: tractor trailer (TT), Class 3-6 box (box), Class 3-6 bucket (bucket), Class 8 refuse (refuse), transit bus (bus), motor coach (coach), and Class 2b pickups and vans (2b). Tags: Fleets Fuel Efficiency Heavy-duty Policy. Source: TIAX.

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Electric Vehicle Spotlight: Financing Tesla Cybertruck 

EV Life

The futuristic, angular design separates the Tesla pickup from every other truck on the market, and opinions were immediately polarized when Musk unveiled the truck to the public in 2019. The tri-motor all-wheel drive model boasts 0-60 in 2.9 Available EV Incentives Federal Tax Credit. Clean Vehicle Assistance Program.

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Senate Bill Seeks to Tariff Chinese Vehicles Out of Existence

The Truth About Cars

The plan included adding import taxes on Chinese vehicles assembled in Mexico, even though the USMCA (and NAFTA before that) would have normally given them preferential treatment. For example, over half of the General Motors vehicles sold inside Mexico are actually assembled in China. Volvo’s EX30 will likewise be a Chinese export.

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