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GM is giving a $7,500 incentive on EV models that lost tax credit eligibility

Baua Electric

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. GM to give $7,500 incentive for non-qualifying EVs Two weeks ago, GM said the new Chevy Blazer EV and Cadillac Lyriq would lose eligibility for the US EV tax credit at the beginning of 2024. 4, Ford Mustang Mach-E, and Nissan LEAF.

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The 2024 Chevy Silverado EV lease price costs more than two Rivian trucks

Baua Electric

Chevy Silverado EV RST (Source: GM) The 2024 Chevy Silverado EV lease prices are so expensive that you could lease two Rivian R1T Adventure trucks and still spend less. The folks at CarsDirect report that a Chevy bulletin sent to dealers lists the Silverado EV at $1,449 for 39 months, with $5,679 due at signing. That’s a bit.

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The 2024 Chevy Silverado EV lease price costs as much as two Rivian trucks [update]

Baua Electric

Chevy Silverado EV RST (Source: GM) The 2024 Chevy Silverado EV lease price is so expensive that it costs about as much as leasing two Rivian R1T Adventure trucks. July 24 update: In just three weeks, Chevy has reduced the lease price of its Silverado EV – the amount due at signing has been reduced. That’s a bit.

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GM’s EV sales surge in back-to-back record months, narrowing gap with rival Ford

Baua Electric

After back-to-back record EV sales in July and August, GM is on the cusp of surpassing Ford this year. As new electric models like the Chevy Equinox and Blazer EVs hit the market, will GM overtake Ford in EV sales this year? Can GM top Ford after back-to-back record EV sales?

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GM says EV hurdles are ‘not an issue now’ as new models roll out

Baua Electric

GM had its fair share of EV hurdles last year, leading to disappointing sales. However, CEO Mary Barra says those bottlenecks are a thing of the past as new models like the Chevy Equinox , Blazer, and Silverado EVs hit the market. It’s still short of GM’s previous 400K EV sales target through mid-2024.

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The 2024 GMC Sierra EV’s lease price will give you sticker shock

Baua Electric

In auto leasing, the interest rate is called a money factor, lease factor, or lease rate. This is an even worse deal than the Silverado, which I reported on yesterday. Plus, it’s free to use and you won’t get sales calls until you select an installer and share your phone number with them. less per month. Get started here.

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GM hopes new EVs like the $35K electric Chevy Equinox will help win back market share

Baua Electric

Although Ultium-based vehicle deliveries were up 36% during the quarter, total EV sales slid over 20% YOY as the company’s cheapest Chevy Bolt EV was phased out. 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. Chevy Bolt (Source: GM) GM accounted for 6.2%

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