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Report: Many GM and Ford EVs will lose tax credits in 2024

Green Car Reports

According to a report citing GM directly, the Chevy Bolt EV will be the only EV from the automaker qualifying for the full EV tax credit from Jan. GM did say that the Chevrolet Blazer EV and Cadillac Lyriq are due to regain.

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Chevy Bolt EV discount, Toyota tax-credit phaseout, EV market collapse: Today’s Car News

Green Car Reports

Retroactive discounts apply to the Chevrolet Bolt EV and EUV. Toyota likely hit the ceiling for the EV tax credit. This and more, here at Green Car Reports. Electric trucks could pull off the majority of fleet uses today at a cost advantage. Is the EV market on the verge of collapse over price pressures?

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GM hikes 2023 Chevy Bolt EV price as $7,500 tax credit returns

Green Car Reports

The 2023 Chevrolet Bolt EV once again qualifies for the federal EV tax credit, but now it's also getting a small price increase. General Motors lost eligibility for the $7,500 credit when it reached the 200,000-unit sales cap that was previously in place.

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Tax Credits Dwindle, Last Call For A $20,000 Chevy Bolt

CleanTechnica EVs

Not only are tax credits dwindling. continued] The post Tax Credits Dwindle, Last Call For A $20,000 Chevy Bolt appeared first on CleanTechnica. With the new year rung in, some big changes are happening in the industry.

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Tax Credits Dwindle, Last Call For A $20,000 Chevy Bolt

CleanTechnica EVs

Not only are tax credits dwindling. continued] The post Tax Credits Dwindle, Last Call For A $20,000 Chevy Bolt appeared first on CleanTechnica. With the new year rung in, some big changes are happening in the industry.

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Proposed Federal EV Tax Credit Reform: Will It Move the Sales Needle?

EV Adoption

On February 5, Mike Thompson , Chairman of the House Ways and Means Subcommittee on Select Revenue Measures announced the introduction of the Growing Renewable Energy and Efficiency Now (GREEN) Act (PDF). Rather than reforming the tax credit, it’s time to admit it hasn’t worked and blow it up and move in a different direction.

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2020 Chevy Bolt EV: $10,000 off now, lease deals ahead of tax-credit sunset April 1

Green Car Reports

When the Chevrolet Bolt EV’s federal EV tax credit eligibility amount dropped from $3,750 to $1,875 back on October 1, many expected GM to start making up for it with some deals.