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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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Foxconn brings EV battery production to two U.S. states

Teslarati

Foxconn, the iPhone manufacturer that bailed out Lordstown Motors from bankruptcy, announced that it would build electric vehicle batteries in Wisconsin and Ohio on Thursday, hoping to take advantage of the Inflation Reduction Act that incentivizes domestic cell manufacturing. The sale was finalized in May 2022. I’d love to hear from you!

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10 Reasons Your Next Car Should Be an EV

Plug in America

The good news is that EVs are starting to make a difference. This goes hand in hand with the creation of 143,000 new U.S. According to an analysis from Environmental Defense Fund, states like Tennessee, Michigan, Ohio, Indiana, Kentucky, Kansas, and North and South Carolina are big winners in manufacturing investment.

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Honda, Acura neatly situated in 2023, says American Honda’s Mamadou Diallo

Baua Electric

The American client could be very emotional and desires to peer the product and purchase it immediately, however COVID educated shoppers to be ok with striking an sequence and looking ahead to their car instead than buying groceries from stock in a broker’s quantity. The purchasers can select how handy they would like the method to be.

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Report: Dealers Worried About Getting EV Refunds From the Government

The Truth About Cars

Nobody likes bureaucratic red tape or waiting on payment and this seems to have become a sticking point for retailers nervously waiting to see how the United States’ updated EV tax credit scheme plays out. They want clear regulatory frameworks and a way to swiftly be paid for any transferred credits.

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Stellantis announces mass layoffs in US and Europe

Baua Electric

The historic home of Italy’s own Fiat, owned by Stellantis, is Turin, and that is where up to 1,520 employees, including 300 at the Miafiori factory and 744 staff, can take the option of voluntary leave with financial incentives, according to the UILM union, reports Automotive News Europe. FTC: We use income earning auto affiliate links.

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Ohio supercharges its EV network with second round of NEVI charging stations

Baua Electric

Photo: DriveOhio Ohio, the first state to install a federally funded DC fast charger, leads again with NEVI rollouts, but its EV incentives are still nonexistent. Ohio announced the first round of EV charger locations in July 2023, which was followed by a first-in-the-US groundbreaking in October 2023.

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