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Cadillac Price Tax Credit 
Green Car Congress
OCTOBER 11, 2013
Initial sales of the 2014 Cadillac ELR extended range electric luxury coupe ( earlier post ) will begin in January in all major US metropolitan areas. The 2014 ELR has a starting price of $75,995, including a $995 destination charge but excluding tax, title, license and dealer fees. 2014 Cadillac ELR. Click to enlarge.
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Green Car Reports
OCTOBER 11, 2013
Cadillac''s first-ever plug-in car will be in showrooms within three months. The 2014 Cadillac ELR compact luxury coupe will go on sale in January, GM''s high-end brand says. The ELR will carry a base price of $75,995, including destination.
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Green Car Reports
FEBRUARY 15, 2021
As GM prepares for the introduction of two very upscale electric vehicles, the GMC Hummer EV and the Cadillac Lyriq, the Bolt lineup plays an important role, it faces one pesky problem.
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InsideEVs
FEBRUARY 21, 2023
The key for the Cadillac Lyriq was the confirmed eligibility for the full $7,500 federal tax credit.
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Teslarati
APRIL 17, 2023
General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. If it does, the Silverado EV will qualify for the IRA’s full $7,500 EV tax credit. GM issued a list of electric vehicles in its lineup that would qualify for the full EV credit.
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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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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. It baffles me, but heck…go for it!
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Teslarati
FEBRUARY 3, 2023
Tesla’s complete lineup of Model Y trim levels now qualifies for electric vehicle tax credits through the Inflation Reduction Act, as the Internal Revenue Service (IRS) has increased the applicable MSRP limit to $80,000 across each of the all-electric crossover’s configurations.
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Clean Fleet Report
OCTOBER 20, 2024
The Flagship Cadillac EV An all-electric Cadillac? Debuting in July 2022 as a 2023 model, the Lyriq continues to be the flagship for Cadillac’s EV efforts. Premium Cruising Cadillac did not design nor will they be selling the Lyriq as a performance or sport midsize SUV. It baffles me, but heck, go for it!
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The Truth About Cars
AUGUST 26, 2024
Cadillac debuted its first EV, the Lyriq, for 2023, and its second model is due to hit the streets for 2025. The Optiq will be here soon, and the automaker recently released pricing for the new model. Earlier this year, Cadillac promised the Optiq would start at around $54,000, and it came close to hitting that commitment.
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Baua Electric
JANUARY 3, 2024
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.
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Clean Fleet Report
JUNE 4, 2022
Significant Price Reduction Repositions Entry-Level EV. Chevrolet announced this week that its 2023 Bolt EV and Bolt EUV are going to get major drops in price. The new 2023 pricing (2022 pricing in parenthesis) includes the mandatory $995 destination fee. Same car, less cost. Same car, less cost. But it is more than that.
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Baua Electric
MARCH 7, 2024
The 2024 Honda Prologue, the brand’s first all-electric SUV, qualifies for the full $7,500 EV tax credit. With the added credit, the Honda Prologue hits the “sweet spot,” with starting prices under $40,000. With the added credit, the Honda Prologue hits the “sweet spot,” with starting prices under $40,000.
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Baua Electric
SEPTEMBER 21, 2024
The all-electric Cadillac LYRIQ was an Electrek favorite when it first made its debut two years ago. Our own Seth Weintraub said that GM had come in, “ a year early and dollar long at $60K ” when he first drove the Ultium-based Cadillac LYRIQ back in 2022. First Drive: Cadillac LYRIQ | Luxury E-CUV SOURCE | IMAGES : CarsDirect.
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EV Life
MAY 19, 2023
The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. dependence on China.
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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. GM lowered Blazer EV prices by up to $6,500. After regaining eligibility for the $7,500 EV tax credit, the Chevy Blazer EV 2LT AWD starts at $42,695 (including the credit).
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Teslarati
JANUARY 30, 2024
General Motors sidesteps loss of EV tax credit to offer big discounts for customers “We won’t get to low to single-digit profitability until 2025,” CFO Paul Jacobson said about EBIT EV margins. Wedbush maintained its ‘Outperform’ rating on the stock and kept a $40 price target.
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Green Cars News
OCTOBER 16, 2013
Luxury carmaker Cadillac is to launch its first ‘range-extended’ plug-in hybrid, the ELR which will launch in selected US cities from January. Essentially an upmarket version of the Chevrolet Volt, the model will be priced from $75,995 and qualify for federal tax credits worth up to $7,500, design[.]. Hybrid cars'
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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. GM said it would cut the price of the Blazer by about USD 5,600 to USD 6,500 based on the trim level. 4, Honda Prologue and Cadillac Lyriq.
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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. Many, including market leader Tesla, have cut prices sharply to woo potential customers.
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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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Baua Electric
JUNE 12, 2024
Honda believes the Prologue hits the “sweet spot” of the electric SUV market at the right price. Powered by GM’s Ultium platform (the same one underpinning Chevy, Cadillac, and GMC EVs), the Honda Prologue includes up to 296 miles range. With the $7,500 federal tax credit, Tesla Model Y prices fall to as low as $37,490.
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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. 2024 Chevrolet Blazer EV RS Chevrolet is also dropping prices on the Blazer EV by thousands. The RS AWD model drops to $54,595, which is $5,620 lower than the previous price.
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Teslarati
FEBRUARY 9, 2023
However, KBB believes Tesla will trend upward on the Q1 2023 consideration study as the company slashed prices in the U.S. market by 13 percent in January and now has its entire Model Y lineup qualifying for government tax credits. Lexus, at 19 percent, and Cadillac, at 18 percent, round out the top 3.
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Electric Auto Association
JULY 2, 2022
GM is slashing prices and offering retroactive discounts on Chevy Bolt electric vehicles (TVs). Cadillac Celestiq teased. Ultra-luxury coming Cadillac’s new, hand-built Celestiq was teased as its future flagship vehicle. Extreme EVs, Hyundai, GM, Ferrari, and more. Chevrolet Bolt. GM Retroactive refund! Buick Wildcat concept.
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Baua Electric
DECEMBER 3, 2024
Although the platform underpins new Chevy, Cadillac, and GMC EV models, Honda injected its unique style, tech, and branding to help differentiate it. All it takes is the right model at an affordable price. We can help you find the right model at the lowest price. Honda isn’t the one, either. Ready to check it out for yourself?
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Teslarati
APRIL 29, 2023
This includes some trims of Tesla Model 3 and Model Y , Chevy Bolt/Bolt EUV, Ford F-150 Lightning, Cadillac Lyriq, and Volkswagen ID.4. Foremost, buyers do not own the vehicle while leasing it, and when the lease is complete, typically after three years, they will have to return it unless they choose to pay a pre-negotiated price for it.
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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
NOVEMBER 5, 2024
Although it uses the same platform as new Chevy, Cadillac, and GMC models, Honda fine-tuned the EV to help it stand out. With the $7,500 federal tax credit, the electric SUV could be bought for under $40,000 (not including the destination fee). Honda began delivering Prologue models in March. It isn’t a secret.
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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. Meanwhile, the highest Elite trim costs $57,900.
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Baua Electric
AUGUST 28, 2024
Based on GM’s Ultium platform (powering new Chevy, Cadillac, and GMC EVs), the Honda Prologue gets up to 296 miles range. Starting at $47,400, the 2024 Honda Prologue is already below the average transaction price (ATP) for a new vehicle in the US. Honda’s first electric SUV began hitting US dealerships this March.
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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
APRIL 23, 2024
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. 2024 Cadillac Lyriq models (Source: GM) Cadillac’s Lyriq accounted for 20% of brand sales in Q1, second to only the Escalade. Chevy’s Blazer EV is also eligible for the $7,500 tax credit.
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Baua Electric
APRIL 23, 2024
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. 2024 Cadillac Lyriq models (Source: GM) Cadillac’s Lyriq accounted for 20% of brand sales in Q1, second to only the Escalade. Chevy’s Blazer EV is also eligible for the $7,500 tax credit.
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Baua Electric
OCTOBER 15, 2024
According to the report, EV incentives averaged over 12% over the average transaction price (ATP) in Q3, significantly higher than the industry average of around 7%. With all models eligible for the $7,500 tax credit, Prologue prices fall potentially as low as $39,900 (not including destination).
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Baua Electric
JULY 11, 2024
Cadillac 441% 2.2% With the $7,500 federal tax credit, prices could fall to as low as $48,995. The long-range model (with up to 304 miles range) could be bought for under $55,000 (including the EV tax credit). EV brand Q2 sales growth YOY Share of the US EV market in Q2 2024 YTD segment share Tesla -6.3%
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Baua Electric
MAY 17, 2024
The report also mentioned the possibility of a “mid-price” flagship electric sports car “loosely linked to the C9 Corvette in content.” He hinted it could be priced around $35,000, similar to the new Chevy Equinox EV. With the $7,500 EV tax credit included, prices could fall to as low as $27,500.
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Baua Electric
JULY 1, 2024
2025 Cadillac Escalade IQ Cadillac Escalade IQ A part of the GM Ultium vehicle family that also includes the Chevy Silverado and GMC Sierra EVs as well as the Cadillac Lyriq, the big Escalade IQ SUV offers range of up to 450 miles, a battery pack of more than 200 kwh, a vast interior screen 55.0 An RS Q6 E-Tron is in the works.
Baua Electric
JULY 23, 2024
This includes scaling Chevy Equinox EV production while launching new GMC and Cadillac EVs. GM calls the electric SUV a “game changer” with over 300 miles range, a tech-loaded interior, and an affordable starting price. All models qualify for the $7,500 EV tax credit. GM’s revenue rose 7.2%
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Baua Electric
JULY 23, 2024
This includes scaling Chevy Equinox EV production while launching new GMC and Cadillac EVs. GM calls the electric SUV a “game changer” with over 300 miles range, a tech-loaded interior, and an affordable starting price. All models qualify for the $7,500 EV tax credit. GM’s revenue rose 7.2%
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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 offer could amount to up to $7,800 in savings compared to a same-priced Tesla. Tesla also launched an updated model.
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Baua Electric
SEPTEMBER 23, 2024
Chevy Blazer EV (left), Chevy Equinox EV (middle), Chevy Silverado EV (right) (Source: GM) Its luxury Cadillac brand is also seeing higher EV demand. Cadillac sold nearly 7,300 Lyriqs in Q2, boosting GM’s record EV sales. With the new EV models, GM’s lineup includes vehicles priced from $35,000 to over $300,000.
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Baua Electric
NOVEMBER 13, 2024
Hyundai IONIQ 9 teaser (Source: Hyundai) Although prices and specs have yet to be revealed, the IONIQ 9 is expected to be similar in size to the Kia EV9. However, with its flat-floor design, the EV9 provides more rear legroom (42″) than a Cadillac Escalade. Hyundai said all US-made EVs qualify for a $3,750 federal tax credit.
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