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Canceled After All: VW Won't Bring the ID.7 to the U.S. Or Canada

The Truth About Cars

Many have announced a walk-back of lofty electrification goals, including Ford and General Motors, which have delayed or canceled some EV models in favor of more affordable hybrids and plug-in hybrids. VW moved ID.4

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General Motors confirms Equinox EV starting price

Teslarati

General Motors (GM) has confirmed the starting price of the Chevy Equinox EV, a vehicle that will be competing in the highly-contested electric crossover segment. Provided that the vehicle qualifies for the $7,500 federal tax credit for EVs, the Equinox EV 1LT could effectively be purchased for just about $27,495.

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KPMG survey finds global auto execs ranking fuel efficiency the top consumer priority

Green Car Congress

In fact, Hans Flick, national tax leader for KPMG’s automotive practice noted that executives appear to indicate that the idea of entry level cars may not have met expectations. Honda ranked seventh, ahead of Ford, and Toyota ranked ninth just ahead of General Motors. Investments. Forecast for Mergers and Acquisitions.

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Why Tesla Model Y tax credit inclusion is good for some and bad for others

Teslarati

The Tesla Model Y complete lineup was recently added to the IRS list of qualifying vehicles that will give buyers a $7,500 tax credit. While it may seem like the company’s huge price cuts coupled with the tax credit would be good for everyone, it spells bad news for competitors that offer comparable EVs in the same category.

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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

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Honda may build an EV factory in Canada featuring in-house battery cells

Teslarati

It’s also expected to help the automaker gain access to EV tax credits in the U.S. Honda and General Motors (GM) had also planned a partnership to develop affordable EVs and compete with market leader Tesla, though the automakers said in a joint statement in October that they would be canceling those plans.

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GM Working with Communities to Develop Roadmap For Plug-in Infrastructure

Green Car Congress

General Motors is working with communities such as San Francisco to develop a plan of action to establish the supporting technical and policy infrastructure required for broad commercialization of plug-in electric vehicles such as the upcoming Chevrolet Volt. GM described its approach at the Washington Auto Show. State Government.

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