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. 4, Ford Mustang Mach-E, and Nissan LEAF.

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Teslarati

JULY 11, 2023

For context, dealers have about 54 days’ worth of inventory for gasoline-powered cars. Audi’s Q4 e-tron and Q8 e-tron, as well as the GMC Hummer EV SUV, have inventories that are well above 100 days. The Hummer EV SUV, for one, is too expensive to qualify for the IRA incentives, and the Hyundai Ioniq 5 is an imported unit.

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Baua Electric

JULY 25, 2024

Photo: GMC Based on the latest incentive data, the 2024 GMC Sierra EV lease price costs nearly twice as much as GMC’s HUMMER EV. That’s equivalent to an interest rate of 8.18%, slightly higher than the HUMMER EV ‘s 8.06% rate. That’s 23% less than the HUMMER EV’s residual value of 76%. A money factor is expressed as a decimal.

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Baua Electric

MAY 17, 2024

With the $7,500 EV tax credit included, prices could fall to as low as $27,500. GM has yet to reveal official specs and info, but the Chevy Camaro EV is expected to ride on its Ultium platform, which is also used for the Blazer, Equinox, Silverado, and GMC Hummer EV, Cadillac Lyriq EVs.

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Baua Electric

JULY 24, 2024

The Silverado is also $555 per month more expensive than a HUMMER EV.) CarsDirect reports that, as per the dealer leasing guide, the reason for the inconsequential price cut is that the Silverado’s residual value increased by 6% to 61%. Video] Click here to find a local dealer that may have the Rivian R1T in stock.

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Silverado Price Solar Dealers 52

Baua Electric

JANUARY 3, 2024

Both Lyriq and Hummer EV sales grew, and Blazer and Silverado EV finally saw deliveries of cars to the public, though still in small numbers. And it’s a better deal than ever now that the US EV tax credit is now easier to get for low-income buyers and available upfront as well, making it possible to get a Bolt for under $20k off the lot.

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EV Adoption

JANUARY 8, 2022

4 was only beginning to reach US dealers. Especially if Congress removes the OEM cap which would mean at least a $7,500 tax credit and as much as $12,500, the Bolt has the potential to be the top selling EV in the US in 2022 other than models from Tesla. For the year the Mach-E outsold the ID.4 4 by 10,398 units.

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