Green Car Reports

NOVEMBER 14, 2018

As tax credits for buyers of America's two most popular electric-car brands begin to sunset, automakers and advocates are banding together to restructure the tax-credit program and extend them. Tesla, General Motors, and Nissan—the top three sellers of electric cars in the U.S.—have

Tax Credit 154

Tax Credit Tax Nissan Electric Cars 154

Green Car Reports

JANUARY 4, 2023

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.

Tax Credit 164

Tax Credit Tax Price General Motors 164

Electrek

JANUARY 20, 2022

Officials from Orion Township, Michigan approved a 12-year tax abatement for a proposed $1.3 GM) to build out the Orion Assembly plant in Lake Orion to build the coming wave of electric GM cars. more… The post GM scores huge tax break on $1.3 billion investment by General Motors Co. (GM)

Tax 121

Tax GM Building General Motors 121

The Truth About Cars

DECEMBER 29, 2023

GM has paid San Francisco $108 million in taxes and $13 million in interest since 2016 and now wants it back. Rather than taxing GM and Cruise separately, as the automaker claims it should, the city lumped them together, resulting in higher tax bills.

San Francisco 105

San Francisco Tax GM Taxi 105

Green Car Reports

JULY 29, 2022

And a re-upped EV tax credit could give an immediate boost to GM and Tesla. The EV tax credit expansion is back, and it’s once again a possibility. Siemens aims to manufacture a workaround for EV-charger home electrical-panel upgrades. Florida bulks up on EV charging infrastructure. Under a Senate.

Tax Credit 157

Tax Credit Florida Tax Re-Charge 157

CleanTechnica EVs

JANUARY 5, 2024

continued] The post Don’t Worry If Your Favorite GM EV Doesn’t Qualify For A Federal Tax Credit appeared first on CleanTechnica. You’ve probably been frustrated this week if you were waiting for 2024’s cash rebate program to buy a General Motors.

Tax Credit 120

Tax Credit Tax GM General Motors 120

Green Car Reports

DECEMBER 22, 2023

EV tax credit qualification gets murky in the new year. An even higher tariff on Chinese EVs is being considered. And the Lexus RZ EV gets a lower-priced base model with more range. This and more, here at Green Car Reports. The 2024 Lexus RZ 300e adds more driving range to the only EV in the Toyota luxury brand’s U.S.

Tax Credit 164

Tax Credit Lexus Tax Range 164

Electrek

DECEMBER 29, 2023

The fallout from robotaxi company Cruise continues, as now General Motors has just filed a lawsuit against San Francisco for $121 million, in what it calls unfair taxes and penalties since it acquired Cruise. more… The post More Cruise fallout: GM sues San Francisco for $121 million appeared first on Electrek.

San Francisco 137

San Francisco GM General Motors Tax 137

Teslarati

JANUARY 3, 2024

General Motors is sidestepping the loss of the electric vehicle tax credit on its vehicles and will still offer a big $7,500 discount on cars for customers. In December, GM said it would temporarily lose eligibility for the credit on some of its cars. can qualify for EV tax credits. 43 vehicles had qualified in 2023.

Tax Credit 131

Tax Credit General Motors Tax Motoring 131

Electrek

JULY 28, 2022

The new bill is going to include the long-awaited electric vehicle tax credit reform that is going to give back access to the tax credit to Tesla GM vehicles, along with other changes. The post Senate moves forward with EV tax credit reform, Tesla (TSLA) to be included back and more appeared first on Electrek.

Tax Credit 145

Tax Credit Tax Climate Change Tesla 145

CleanTechnica EVs

MARCH 3, 2022

Elon Musk’s 2021 taxes were just about enough to pay back GM’s bailout earlier this century. billion bailing out GM, more than the $10.3 billion the Treasury Department estimated it made when it sold its remaining GM shares in December. Reuters reported that the US government lost $11.2

Tax 129

Tax GM Economy Electric Vehicles 129

Electrek

APRIL 17, 2023

General Motors shared Monday that it now leads the industry in the number of EV models that qualify for the full $7,500 tax credit. GM expects its entire lineup of electric vehicles under the MSRP cap to be eligible for the full EV tax credit in 2023.

Tax Credit 108

Tax Credit Tax GM General Motors 108

The Truth About Cars

JANUARY 4, 2024

The EV tax credit rules changed again at the beginning of 2024, and stricter requirements on battery materials sourcing cut several previously qualified models from the list. Most GM models failed to make the cut, at least temporarily, and the automaker is offering $7,500 compensatory discounts to keep sales flowing.

Tax Credit 109

Tax Credit GM Tax Cadillac 109

Green Car Reports

JANUARY 14, 2020

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.

Tax Credit 148

Tax Credit Tax 2020 Chevrolet 148

Green Car Reports

OCTOBER 24, 2018

GM has confirmed to Green Car Reports that it will reach 200,000 deliveries of vehicles eligible for the. Beginning next April, buyers of General Motors’ electric vehicles and plug-in hybrids won’t be getting the same break on their purchase as those who buy those vehicles from any other brand. Any other brand but Tesla, that is.

Tax Credit 137

Tax Credit GM Tax General Motors 137

Green Car Congress

APRIL 14, 2017

—GM Chairman and CEO Mary Barra. Cruise Automation and GM engineers are currently testing more than 50 Chevrolet Bolt EVs with self-driving technology on public roads in San Francisco; Scottsdale, Arizona; and metro Detroit. The incentive was approved by the California Competes Tax Credit Committee at a meeting in Sacramento.

San Francisco 150

San Francisco GM California Tax Credit 150

Teslarati

JANUARY 21, 2022

According to a meeting agenda and two sources, GM will pump a massive $6.5 On Tuesday, GM is expected to announce the massive investment at an event in Lansing, Michigan. GM also recently received $1.3 billion in an approved tax rebate for the Orion Assembly Plant, where the Chevrolet Bolt EV is made.

Michigan 141

Michigan GM Production Battery 141

Electrek

DECEMBER 21, 2023

GM revealed the new Chevy Blazer EV and Cadillac Lyriq are expected to lose eligibility for the EV tax credit starting January 1. According to GM, the disqualification is only temporary due to minor components.

Tax Credit 123

Tax Credit Cadillac Tax GM 123

Electrek

OCTOBER 28, 2022

General Motors CEO Mary Barra spoke with analysts Tuesday, saying GM’s EV models will be able to qualify for the full tax credit in two to three years. The post Mary Barra claims GM’s electric vehicles will qualify for the full tax credit in ‘2 to 3 years’ appeared first on Electrek.

Tax Credit 131

Tax Credit Tax Electric Vehicles General Motors 131

Teslarati

JANUARY 18, 2022

Orion Township approved General Motors’ (GM) request for a tax rebate on its proposed $1.3 The Orion Assembly Plant will also produce GM’s other electric vehicles. . GM plans to introduce 30 new electric vehicles to the global auto market by 2025, and the Orion Assembly Plant will play a key role in its goal.

Tax 117

Tax General Motors GM Production 117

EV Adoption

AUGUST 18, 2021

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). What is less clear is how Tesla and GM will handle leases.

Tax Credit 111

Tax Credit Tax Manufacturer Parts 111

Green Car Reports

NOVEMBER 30, 2018

Members of the lame-duck Congress all got letters on their desks Tuesday stating why the electric-car tax credit should be revised and extended.

Tax Credit 135

Tax Credit Tax Congress Plug-in 135

Green Car Reports

JUNE 14, 2022

Automakers want Congress to consider the EV tax credit yet again. GM teased a first picture of its Blazer EV. A group of four automakers—GM, Ford, Toyota, and Stellantis—have sent a letter to Senate. Dynamic wireless charging gets put to another test. And Tesla is on top for another year or two.

Tax Credit 117

Tax Credit Tax Congress Charging 117

Teslarati

OCTOBER 24, 2023

General Motors (GM) and Stellantis have announced plans to furlough hundreds more workers, just after the United Auto Workers (UAW) expanded strikes against both automakers this week. According to a report from Reuters , Stellantis will temporarily lay off 525 more workers in Michigan, while GM will furlough 139 employees in Ohio.

GM 129

GM Yukon Arlington Tahoe 129

Green Car Congress

DECEMBER 6, 2016

As an official accessory, AeroVironment’s 32A (a slight boost up from the 30A models in the rest of the EVSE-RS range ) charging station will be labeled with its own GM part number and will be available through Chevrolet dealerships. General Motors Company has named AeroVironment, Inc.’s

Chevrolet 150

Chevrolet 2017 GM Charging 150

Teslarati

OCTOBER 31, 2023

The United Auto Workers (UAW) reached tentative contracts with each of the “Big Three” automakers over the past week, just as earnings reports from Ford and General Motors (GM) highlighted the financial damage done by the six-week strikes. Additionally, the news comes after GM and Ford have both announced plans to cut back on EV spending.

GM 124

GM Ford Chrysler Netherlands 124

Green Car Congress

MAY 6, 2013

EcoTec3 V-6 go on sale later this year with a suggested starting price of $25,085, including a destination charge of $995 but excluding tax, title, license and dealer fees. That engine was the basis for new generations of engines through the 2013 model year. 2014 Sierra models with the 4.3L

Sierra 225

Sierra GMC F-150 GM 225

Green Car Congress

JUNE 21, 2017

Maven Gig members can reserve a Chevrolet Bolt EV for $229 per week plus taxes, which includes insurance (minus deductibles), maintenance, unlimited miles and free charging at EVGo stations for a limited time. Maven Gig launched in San Diego in May and is fully subscribed. Maven Gig Bolt EVs have driven nearly 20,000 miles in San Diego.

San Francisco 150

San Francisco San Diego Los Angeles GM 150

Teslarati

JANUARY 30, 2024

General Motors (GM) held its 2023 earnings call on Tuesday morning, and in it, the automaker detailed its plans to cut spending on the self-driving unit Cruise after one of the company’s robotaxis struck a pedestrian last October. In its Q4 2023 and full-year 2023 financial results shared on Tuesday, GM said it lost just almost $2.7

GM 112

GM Escalade Legal Sierra 112

Green Car Reports

FEBRUARY 12, 2024

GM confirmed again Monday that all versions will qualify for the $7,500 EV tax credit—meaning that the effective base price for eligible buyers.

Tax Credit 173

Tax Credit Miles Price Chevrolet 173

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.

Tax Credit 171

Tax Credit Affordable Hummer GMC 171

CleanTechnica EVs

NOVEMBER 3, 2021

So, I may be getting ahead of myself by discussing upcoming EV tax credits. As currently written, they’d give GM and Tesla buyers access to the tax credits again, but give US-made and […].

Tax Credit 107

Tax Credit Tax Dealers Congress 107

Teslarati

DECEMBER 4, 2023

General Motors (GM) is expecting to reach profitability on electric vehicles (EVs) by 2025 as higher margin models hit the market, according to a statement from one executive last week. GM has had problems with machinery at its assembly plants that stacks battery cells into modules. market this year.

GM 122

GM San Francisco Tax Credit Tennessee 122

Teslarati

JANUARY 31, 2024

General Motors (GM) may not be catching up to electric vehicle leaders like Tesla anytime soon, but CFO Paul Jacobson has noted that the automaker’s EV business is still on the right path. ” GM’s electric vehicle efforts were hampered somewhat in 2023, with a company spokesperson noting that the automaker would have $1.7

GM 106

GM Financing General Motors Tax 106

The Truth About Cars

MARCH 6, 2024

The automaker recently announced that its upcoming Prologue EV would be eligible for federal tax credits of $7,500, meaning buyers can get around 15 percent off the SUV’s purchase price at the point of sale. The Prologue rides on GM’s Ultium platform, which also underpins the Chevy Blazer EV, Equinox EV, and Silverado EV, among many others.

Tax Credit 104

Tax Credit Tax Honda General Motors 104

CleanTechnica EVs

APRIL 19, 2023

The US federal tax credit for electric vehicles has been updated, and that means that some electric cars, trucks, and SUVs no longer qualify for the full tax credit — or even half the tax credit. Actually, most electric vehicles on the market in the United States no longer qualify!

Tax Credit 136

Tax Credit Tax Fully Electric Electric Cars 136

Teslarati

FEBRUARY 25, 2024

General Motors (GM) is looking to specific business areas to help determine worker bonuses for the year, as the automaker attempts to right the ship at self-driving unit Cruise and launch additional electric vehicles (EVs). GM may have found its solution to its Ultium bottlenecks What are your thoughts?

GM 104

GM Escalade Sierra Silverado 104