Baua Electric

JULY 23, 2024

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. GM calls the electric SUV a “game changer” with over 300 miles range, a tech-loaded interior, and an affordable starting price. GM’s revenue rose 7.2%

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Baua Electric

MAY 17, 2024

Among the considerations were a 2+2 coupe, convertible, and two- and four-door SUVs. With the $7,500 EV tax credit included, prices could fall to as low as $27,500. The Chevy Blazer EV is also eligible for the credit. After recent price cuts, the electric Blazer starts at $42,695, including the credit.

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Affordable GM Silverado Hummer 52

Baua Electric

MARCH 15, 2024

Model 3 registrations were down 23% after losing the $7,500 EV tax credit. Kia EV9 (Source: Kia) Other automakers, including BMW, Mercedes-Benz, and Cadillac, saw EV registration growth in January. Despite strong early demand, Kia is already offering a $5,000 customer cash offer on its first three-row electric SUV, the EV9.

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Hyundai F-150 Kia Cadillac 52

EV Adoption

FEBRUARY 7, 2021

On January 28 GM announced that it plans (aspires) to exclusively offer electric vehicles by 2035, ending production of its cars, trucks and SUVs with diesel- and gasoline-powered engines. In GM teaser videos we saw hints of future electric GMC and Chevrolet pickups and what clearly looks like a Camaro. GM’s EV Sales Since 2010.

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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 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% EV share, well below the US average.

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GM Sale Hummer Silverado 52

Clean Fleet Report

MAY 2, 2024

The Fastest Acura SUV Ever Built The all-new 2024 ZDX is the first electric Acura and, as Quincy Tam, Acura product planner, says, it is “for their customers that are ready to take that next step into electrification.” 313 AER A-Spec All-Wheel Drive (AWD) 490 hp 437 lb.-ft. torque 304 AER Type S AWD 500 hp 544 lb.-ft.

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Acura All-Electric SUV Miles 83

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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Tax Credit Tax PHEV 2018 52

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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Tax Credit Tax Chevrolet Jeep 52

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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Tax Credit Tax Hummer PHEV 52

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. A “boost” mode delivers up to 456 hp.

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Electric Cars Escalade Cadillac Jeep 52

Baua Electric

MAY 4, 2024

A brief Lucid Gravity prototype test drive was enough to tell us that this upcoming EV will offer a unique layout and a different driving experience than any other three-row electric SUV. Lucid Gravity prototype The 2024 Acura ZDX EV is the quickest SUV ever from the Honda luxury brand—and it definitely looks the part.

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Acura Jeep Plug-in Hybrid 52

Clean Fleet Report

AUGUST 16, 2024

All-New, All-Electric Midsize SUV The all-new 2024 Honda Prologue should be a comfortable transition for loyal Honda owners going from gasoline to their first all-electric car. Cadillac Lyriq sent out a recall notice for an ABS software issue for a small portion of its vehicles after this was written. note: Writer’s jinx.

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Honda Google All-Electric SUV 79

EV Life

AUGUST 17, 2022

Federal EV Tax Credit. To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car. The tax credit depends on the manufacturer you choose and vehicle battery.

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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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Tax Credit Tax Personal PHEV 64

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 caps are $80,000 for trucks, vans, and SUVs and $55,000 for sedans, sports cars, and station wagons. 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. It’s a truck, specifically the Escalade SUV, the gussied-up, very successful ultra-luxury version of the Chevy Suburban. Rear of the 2023 Cadillac LYRIQ.

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All-Electric Cadillac North America GM 52

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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Tax Credit Tax F-150 PHEV 116