The Truth About Cars

APRIL 17, 2023

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. government decides it doesn’t like that year. Image: Jan Hendrik/Shutterstock] Become a& TTAC& insider.

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Green Car Reports

NOVEMBER 27, 2021

How soon will the Rivian R1S and Cadillac Lyriq electric SUVs arrive? General Motors confirmed that it’s listed the. Which foreign automaker plans two U.S.-bound bound models and 60 U.S. showrooms starting next year?

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Green Car Congress

DECEMBER 12, 2013

The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment. Ford Motor Company. General Motors Company.

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Baua Electric

MARCH 13, 2024

Cadillac gave a sneak peek of “the future of electric performance,” teasing its new Opulent Velocity EV concept. General Motors has already pushed back production of several key electric models, including the Equinox EV, Silverado EV, and GMC Sierra Denali EV. GM lowered Blazer EV prices by up to $6,500.

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Clean Fleet Report

AUGUST 24, 2021

Cadillac has tried electrifying cars before. Based on the Chevrolet Volt platform and technology, the ELR coupe was ahead of its time for the traditional Cadillac buyer, which was too bad. Then in 2017 along came the CT6 PHEV , an electrified version of Cadillac’s full-size, flagship sedan, but 2019 saw the end of this car.

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Clean Fleet Report

JUNE 28, 2022

All-New Luxury EV Leads the Way for Cadillac. Setting the new course of Cadillac. The all-new, all-electric 2023 Cadillac Lyriq, scheduled to hit showrooms in a few weeks (early July 2022), is expected to be a game changer for the brand. The Electric Cadillac. average of $67,500 (U.S. Ready for the open road.

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Baua Electric

JANUARY 19, 2024

But Cadillac delivered 9,000 Lyriqs in 2023, according to a media briefing by its global vice president John Roth. But Cadillac delivered 9,000 Lyriqs in 2023, according to a media briefing by its global vice president John Roth. government tax credit this month as new sourcing guidelines kicked in.

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Baua Electric

MAY 29, 2024

Cadillac has revealed an entry EV for the GM luxury brand that doesn’t seem so entry-level in size, technology, or price. The 2025 Cadillac Optiq is set to cost about $54,000 including destination when it arrives later this year with a range of around 300 miles, according to Cadillac. There are many details to linger on.

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Baua Electric

MARCH 9, 2024

The Blazer price cuts and restored tax credit bring the effective price for qualified buyers down to USD 42,695 from the original USD 56,715 for the lowest-priced model. General Motors said on Friday it is resuming sales and cutting the price of its Chevrolet Blazer EV after software quality issues prompted the largest U.S.

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Baua Electric

FEBRUARY 2, 2024

Surprisingly, 57% of respondents thought that the new point-of-sale rebate for the federal EV tax credit would have no effect on EV sales, or they were unsure. Dealers pointed to how few vehicles qualify in 2024 , due to sourcing rules, as making the tax credit less important for driving EV sales.

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Baua Electric

JULY 11, 2024

Cadillac 441% 2.2% Top ten EV brands in the US in Q2 2024 (Source: Kelley Blue Book) Kia outpaces rivals, Hyundai in US EV sales in Q2 2024 General Motors, Ford (7.2%), and Tesla (49.7%) were the only automakers with a higher EV market share than Kia in Q2 2024. Ford 61% 7.2% Kia 135% 5.4% Hyundai 21% 5.1% BMW 24% 4.3% Rivian 9% 4.2%

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Baua Electric

SEPTEMBER 23, 2024

2024 Chevy Blazer EV RS (Source: GM) GM is still about 20,000 EV sales behind Hyundai Motor (including Kia), but only about 2,000 shy of overtaking Ford. Chevy Blazer EV (left), Chevy Equinox EV (middle), Chevy Silverado EV (right) (Source: GM) Its luxury Cadillac brand is also seeing higher EV demand.

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Baua Electric

JUNE 12, 2024

Powered by GM’s Ultium platform (the same one underpinning Chevy, Cadillac, and GMC EVs), the Honda Prologue includes up to 296 miles range. Meanwhile, dual-motor AWD variants feature up to 288 hp and 333 lb-ft of torque. With the $7,500 EV tax credit, the 2024 Honda Prologue price falls as low as $39,900 (without destination).

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Green Car Congress

APRIL 15, 2015

Cadillac has greatly enhanced the performance of its ELR extended range electric vehicle (plug-in hybrid) ( earlier post ) for the 2016 model year, and is also cutting the MSRP by $9,005, bringing the starting price down to $58,495 net after the $7,500 US federal tax credit (MSRP = $65,995). 2016 Cadillac ELR.

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EV Life

JUNE 8, 2023

Like their electric car cousins, all-electric SUVs have come a long way—batteries have evolved to increase range and improve performance, new motors are providing impressive torque and towing capabilities, and prices have come down to make options more affordable, making these SUVs some of the most attractive sport utility options out there.

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Baua Electric

JULY 23, 2024

After beating top and bottom line estimates in the second quarter, General Motors (GM) raised FY guidance for 2024. This includes scaling Chevy Equinox EV production while launching new GMC and Cadillac EVs. All models qualify for the $7,500 EV tax credit. GM also announced it will push back Buick’s first EV launch.

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Baua Electric

JULY 23, 2024

After beating top and bottom line estimates in the second quarter, General Motors (GM) raised FY guidance for 2024. This includes scaling Chevy Equinox EV production while launching new GMC and Cadillac EVs. All models qualify for the $7,500 EV tax credit.

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Baua Electric

MARCH 8, 2024

As previously priced, the top of the Blazer EV lineup topped the price of the Cadillac Lyriq. The Blazer EV is also now fully eligible for the $7,500 EV tax credit. 2024 Chevrolet Blazer EV LT Honda on Thursday also confirmed that the 2024 Prologue EV qualifies for the full $7,500 credit.

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Baua Electric

APRIL 1, 2024

General Motors is negotiating a U.S. battery-supply deal with China’s CATL, Car News China reports. GM already works closely with CATL, but that relationship is limited to the China market. The deal reportedly being discussed would bring that partnership to North America in the form of a joint battery plant located in either the U.S.

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Baua Electric

SEPTEMBER 9, 2024

As recent Motor Intelligence research points out, the EV9 sold with an average discount of over $18,000 in June. It also has more rear-seat legroom than a Cadillac Escalade and more shoulder and hip room than the Tesla Model X. Tesla’s Model X does qualify for the $7,500 EV tax credit. The 2024 Kia EV9 has up to 105.7

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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. The data is significant as not all automakers release monthly sales numbers. Tesla also launched an updated model. 4 fell 47%.

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Clean Fleet Report

JUNE 4, 2022

These big price reductions, $5,900 for the Bolt EV and $6,300 for Bolt EUV, makes them more competitive as Chevrolet no longer qualifies for the federal $7,500 tax credit. Bolt EUV $28,195 ($34,495). But it is more than that. Other than the price drop, the 2023 models are carryovers from 2022, when they were given extensive updates.

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EV Adoption

FEBRUARY 7, 2021

Some of the EVs we saw in GM’s Design Dome (Cadillac Celestiq and probably the unnamed Buick crossover) are clearly targeted for China. And because many of these models would be higher-end GMC and Cadillac models, the overall average volume per model comes out to less than 13,400. GM’s Latest EV Developments.

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Baua Electric

MARCH 4, 2024

That’s more than the Cadillac Escalade, 3-row Land Rover Range Rover P400, and Mercedes EQS. Hyundai is expected to debut the IONIQ 9 at the Busan International Motor Show (BIMOS) in South South Korea on June 27, 2024. billion Metaplant to qualify for the $7,500 federal tax credit. of rear legroom.

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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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Baua Electric

JANUARY 22, 2024

I was present at that unveiling and felt early on that if Kia and Hyundai Motor Group could deliver an EV that looked similar, offered maximum interior space, and had above-average range; it would be a home run with consumers… as long as the price was right too. Its dual-motor AWD powertrain delivers 379 horsepower and 516 lb-ft of torque.

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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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Green Car Congress

OCTOBER 12, 2014

It did not include CODA and Fisker nor models introduced after the survey period such as the Chevy Spark; Fiat 500e; BMW i3 and i8, or the Cadillac ELR. While Tesla Motors was 23 part of the study, California data was unavailable since Tesla opted out of providing data in the state of California. —Cahill et al.

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EV Adoption

AUGUST 23, 2021

One of the proposed changes to the federal EV tax credit that has flown a bit under the radar is also one of the most political and protectionist in nature. Effective January 1, 2022, electric vehicles with final assembly* (see definition at the end) in China would no longer qualify for IRC 30D (federal EV tax credit).

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Teslarati

JANUARY 30, 2024

General Motors ( NYSE: GM ) reported strong quarterly earnings for Q4 2023 today, but electric vehicle fans might be disappointed with the company’s outlook. The post General Motors reports strong quarter, but EV fans might be disappointed appeared first on TESLARATI. GM beat Q4 estimates on revenue by reporting $42.98

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Baua Electric

JULY 25, 2024

Which luxury electric SUV would you choose, the Acura ZDX or Cadillac Lyriq? After slashing financing rates, the Acura ZDX may be a better buy than the Cadillac Lyriq or Chevy Blazer EV. The ZDX is based on GM’s Ultium platform, the same one underpinning the Cadillac Lyriq. Meanwhile, the Cadillac Lyriq is offered at a 5.9%

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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. Performance-tuned dual motors Horsepower increases 499 from 490 Torque rises to 544 from 437 lb.-ft. Rear brakes: 13.5”

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Baua Electric

MARCH 8, 2024

The 2024 Honda Prologue and 2024 Acura ZDX will both qualify for the full $7,500 federal EV tax credit, Honda and its Acura luxury brand have confirmed. The tax credit drops the Prologue’s base price to $41,295 with destination. 2024 Acura ZDX The tax credit brings the ZDX’s base price below $60,000.

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Clean Fleet Report

JUNE 21, 2022

The all-wheel drive G80, with twin 136 kW motors front and rear, produces 365 horsepower and 516 pound-feet of torque, delivering an all-electric range of 282 miles. Somewhere under there electric motors are generating torque. All Genesis electric vehicles qualify for the federal tax credit and state rebates.

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Baua Electric

SEPTEMBER 4, 2024

Based on GM’s Ultium platform, the same one underpinning new Chevy, Cadillac, and GMC EVs, Honda’s electric SUV is available in both Single (FWD) and Dual-Motor (AWD) powertrains. Honda claimed the Prologue has the “highest standard driving range in its class,” with up to 296 miles range.

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Baua Electric

JULY 1, 2024

Audi A6 E-Tron Concept – 2021 Shanghai auto show Audi A6 E-Tron A midsize luxury sedan, the A6 E-Tron will square off against the aged Tesla Model S, in single- and dual-motor editions. Twin motors—140 kw in front and 280 kw in the rear—bring output to 422 hp. All versions will come with two motors and all-wheel drive.

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