Baua Electric

MARCH 8, 2024

GM announced Friday that it’s dropping prices by up to $6,520 on its 2024 Chevrolet Blazer EV , while resuming sales and deliveries of the model to customers. The Blazer EVs once again reaching customers have been given “significant software updates,” according to Chevrolet. GM paused sales of the Blazer EV in December.

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Baua Electric

APRIL 23, 2024

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. That’s down from 8.4% a year ago and 6.9%

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Baua Electric

APRIL 23, 2024

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. That’s down from 8.4% a year ago and 6.9%

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Baua Electric

JULY 23, 2024

With “encouraging” early sales results in Q2, GM is preparing “to unleash the next cycle of EV growth.” This includes scaling Chevy Equinox EV production while launching new GMC and Cadillac EVs. GM said stronger pickup and SUV sales in North America fueled the earnings growth. All models qualify for the $7,500 EV tax credit.

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Baua Electric

JULY 23, 2024

With “encouraging” early sales results in Q2, GM is preparing “to unleash the next cycle of EV growth.” This includes scaling Chevy Equinox EV production while launching new GMC and Cadillac EVs. GM said stronger pickup and SUV sales in North America fueled the earnings growth. All models qualify for the $7,500 EV tax credit.

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Baua Electric

JANUARY 3, 2024

2023 Chevy Bolt EUV (Source: Chevrolet) GM has released its Q4 sales numbers , showing Ultium still ramping steadily, but overall EV sales are down as its best-selling model, the Bolt, winds down as Chevy takes it off the market in its best year of sales ever – leaving GM with only 3.1%

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Green Car Congress

OCTOBER 12, 2014

Limited engagement by dealers, poor purchase experience, or efforts to block innovations in the automotive retail sector could adversely impact sales and slow the growth of the nascent PEV market. Power 2013 Sales Satisfaction Index (SSI) study data on customer satisfaction with new car dealerships and Tesla stores.

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Baua Electric

MARCH 15, 2024

The data is significant as not all automakers release monthly sales numbers. Model 3 registrations were down 23% after losing the $7,500 EV tax credit. The new Chevy Blazer EV (which is just coming off a stop-sale ) and Silverado EV had 234 registrations combined. Tesla also launched an updated model. 4 fell 47%.

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EV Adoption

FEBRUARY 7, 2021

What would be the estimated total GM EV sales volume per year and especially in 2025? What would be the average sales volume per model per year? What percent of GM’s total sales in 2025 would EV sales comprise? GM’s EV Sales Since 2010. GM’s Latest EV Developments.

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Baua Electric

SEPTEMBER 24, 2024

We found that current factory lease offers on 22 different EV models dispel that myth with terms that pass the entire commercial clean vehicle Federal tax credit to the lessee, enabling the lessee to eventually own the vehicle for thousands of dollars less than paying cash upfront or taking out a loan.

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Baua Electric

JANUARY 23, 2024

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.

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Baua Electric

JANUARY 2, 2024

The list of electric vehicles qualified for the EV tax credit in calendar year 2024 has been released. And as anticipated by automakers in recent weeks, the Chevrolet Blazer EV and Cadillac Lyriq don’t yet make the list, while the Ford Mustang Mach-E is for now completely disqualified. And as expected, it’s very short.

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EV Adoption

NOVEMBER 29, 2021

In my previous article, Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives , I outlined and analyzed 13 proposed changes to IRC 30D (federal EV tax credit). But all of these PHEVs have batteries of around 9 kWh and so they could easily be upgraded to 10 kWh to qualify for the tax credit.

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Clean Fleet Report

MAY 2, 2024

Co-developed with General Motors, the midsize ZDX rides on the Ultium platform that is also shared with the Cadillac Lyriq, Chevrolet Blazer and Equinox EVs. The 2024 ZDX A-Spec and ZDX Type S are on-sale now at Acura dealers in all 50 states. In some state it may also get the coveted HOV lane sticker. Go check it out!

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Baua Electric

JULY 1, 2024

We’ve already brought you vehicles like the Acura ZDX , Honda Prologue , and Chevrolet Equinox EV. These vehicles due in the next two model years represent the next wave: Those planned before $7,500 tax breaks and slowed growth in EV sales collided over the past year. An RS Q6 E-Tron is in the works.

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Baua Electric

MAY 4, 2024

2024 Jeep Gladiator GM’s Cadillac luxury brand might not go all-EV by 2030 as previously said. Are electric vehicle sales down in California? Overall EV deliveries were pulled downward by sagging Tesla sales but mostly countered by strong sales of EVs from other brands, including Hyundai.

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EV Life

SEPTEMBER 2, 2022

The passage of the US Inflation Reduction Act includes nearly unlimited funding for a $7500 EV tax credit on new EVs through 2032. Electric cars will qualify for EV tax credits and the qualification rules for credits will be really confusing. 2022 EV Tax Credits. What about EV tax credits in 2023?

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EV Adoption

AUGUST 4, 2022

Additionally, the IRA could actually receive enough votes to pass, but not without potentially several significant changes — including to some of the EV tax credit requirements. The EPA, for example, classifies the Chevrolet Bolt as a “small station wagon.” Joe Manchin, via the Wall Street Journal.

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Charged EVs

SEPTEMBER 23, 2022

Among cutting-edge automotive buyers—the glitterati of Los Angeles, the tech millionaires of Silicon Valley, the finance titans of Wall Street—only one Cadillac is widely recognized. Yet Cadillac is leading the high end of General Motors’ ambitious move into EVs for all its brands. Rear of the 2023 Cadillac LYRIQ.

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EV Adoption

NOVEMBER 26, 2021

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

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