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GM secures all energy needed to achieve renewable energy goal for 2025; 25 years ahead of target set in 2016

Green Car Congress

By achieving this accelerated goal, GM expects to avoid the production of an estimated 1 million metric tons of carbon emissions that would have been produced between 2025 and 2030, equal to the emissions produced by burning 1 billion pounds of coal. This is the main way through which GM is achieving its renewable energy goal.

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Nissan offers Chevy Bolt EV drivers a deal to buy a new LEAF

Baua Electric

If you drive a Chevy Bolt EV or EUV model, Nissan wants you to buy (or lease) a new LEAF. Nissan is enticing Bolt EV drivers with a new incentive with the purchase or lease of a LEAF. With GM ending Chevy Bolt EV production at the end of 2023, Nissan wants to attract drivers with a new “LEAF Conquest” offer.

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General Motors introduces omnichannel used car marketplace CarBravo

Green Car Congress

GM says that CarBravo will offer used-vehicle customers access to an expansive inventory, an omnichannel shopping experience and exclusive ownership benefits. CarBravo will give customers more choice and access to shop significantly expanded inventories of both the dealer and a national central stock of GM used vehicles.

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Chevy Bolt EV drivers offered $3,000 off 2024 Chevy Equinox EV

Green Car Reports

Chevrolet is offering discounts to Bolt EV owners who buy a 2024 Equinox EV, CarsDirect reports. It offers 2017-or-newer Bolt EV and Bolt EUV owners or lessees a $3,000 discount if they finance an Equinox EV purchase through GM Financial.

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87% of US Tesla drivers say they’ll buy another Tesla

Baua Electric

Bloomberg Intelligence, the research arm of Bloomberg, interviewed 1,000 adults planning to buy or lease a brand-new car in the next year. (It The survey found that 42% of respondents were considering purchasing a BEV as their next car, and 23% were considering hybrid EVs, in contrast to the current 7% penetration in hybrid EVs.

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Hertz to Buy Cadillac Lyriqs and Chevy Silverado EVs to Bolster Electric Rental Fleet

The Truth About Cars

& Hertz already noted plans to buy 175,000 EVs from General Motors by 2027, and the rental giant’s fleet already houses 50,000 EVs, around 10 percent of its inventory. The company said it plans to have one of the most extensive electric fleets in the world, aided heavily by the thousands of new electrics from GM.

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GM to buy back 200M shares held by US Treasury for $5.5B

Green Car Congress

General Motors today will purchase 200 million shares of GM common stock held by the US Department of the Treasury for $5.5 The share buyback is part of the Treasury’s plan, also announced today, to fully exit its entire holdings of GM stock within 12 to 15 months, subject to market conditions. billion, or $27.50

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