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General Motors reports strong quarter, but EV fans might be disappointed

Teslarati

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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New electric cars coming in 2025-2026

Baua Electric

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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GM outpaces US rivals in Q3, even with fewer EV incentives

Baua Electric

General Motors (GM) continued its run this year, topping Wall Street’s estimates again in the third quarter. And that’s before the $7,500 EV tax credit. With several new models launching, including the Cadillac Escalade IQ, Optiq, and Vistiq, GM expects the momentum to continue into the end of 2024.

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Hyundai’s larger IONIQ 9 SUV spotted with big body and spacious interior [Images]

Baua Electric

If it’s any indication, Kia’s EV9 has over 42″ of rear legroom, which is more than a Cadillac Escalade and Range Rover P40. Hyundai IONIQ 9 spotted ahead of November debut (Source: ShortsCar) New EVs built at the facility will initially qualify for a partial $3,750 tax credit. It also has more headroom than the Tesla Model X.

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Kia wants a bigger slice of the US EV market with new discounts to win over rivals

Baua Electric

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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GM ready to unleash next cycle of EV growth after record Q2 revenue

Baua Electric

After beating top and bottom line estimates in the second quarter, General Motors (GM) raised FY guidance for 2024. All models qualify for the $7,500 EV tax credit. Over the next few months, GM will bolster its lineup with new EVs, including the GMC Sierra EV and Cadillac OPTIQ, Escalade IQ, and CELESTIQ models launching.

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Exclusive: 2023 Cadillac Lyriq Preview

Clean Fleet Report

General Motors, the parent company of Cadillac, announced by the year 2035 they will only be selling zero-emission vehicles. This means the massively popular Escalade will be gone or reengineered, as well as the CT4 and CT5 sedans, and all the XT SUV models. Pulling on the paddle slows the motor and allows for one pedal driving.

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