Green Car Reports

DECEMBER 13, 2022

The IRS starts detailing what it needs for the revamped EV tax credit. And the DOE backs the batteries for GM’s EV plan. Some Kia Niro EV models have been recalled. We look at what didn’t make the finals for Best Car To Buy. This and more, here at Green Car Reports. Department of Energy on Monday confirmed a $2.5

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Tax Credit Tax GM Kia 128

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.

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Tax Credit Tax Price General Motors 148

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.

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Tax Credit GM Tax Cadillac 104

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

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Tax GM Economy Electric Vehicles 129

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.

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Tax Credit Tax Climate Change Tesla 145

Electrek

JANUARY 3, 2024

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. This comes after several GM electric models were excluded, starting this week. more… The post GM is giving a $7,500 incentive on EV models that lost tax credit eligibility appeared first on Electrek.

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Tax Credit Tax GM Electrical 91

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)

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Tax GM Building General Motors 102

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.

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Tax Credit General Motors Tax Motors 116

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.

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Tax Credit Tax GM General Motors 104

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.

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Tax Credit Tax 2020 Kia 145

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.

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San Francisco GM California Tax Credit 150

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.

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Tax Credit Florida Tax Re-Charge 134

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.

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San Francisco Tax GM Taxi 87

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.

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Michigan GM Production Battery 139

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.

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Tax Credit Lexus Tax Range 141

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.

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Tax Credit Tax Manufacturer Parts 111

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.

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Tax General Motors GM Production 112

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.

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Tax Credit GM Tax General Motors 121

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

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Chevrolet 2017 GM Charging 150

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

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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.

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San Francisco San Diego Los Angeles GM 150

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 […].

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Tax Credit Tax Dealers Congress 107

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!

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Tax Credit Tax Fully Electric Electric Cars 136

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.

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Tax Credit Tax Honda General Motors 102

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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Tax Credit Affordable Hummer GMC 162

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.

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Tax Credit Tax Congress Plug-in 116

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.

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GM San Francisco Tax Credit Tennessee 116

EV Adoption

FEBRUARY 23, 2021

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit. It won’t solve the problem.

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Tax Credit Tax Sale Plug-in 98

Green Car Reports

SEPTEMBER 25, 2022

Why did Tesla issue a safety recall for more than a million vehicles this week? What is Volvo calling the fully electric counterpoint to its XC90 SUV? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending September 23, 2022. The 2023 Kia Sorento Hybrid gets a price hike of roughly $2,000.

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Price Hybrid Tax Volvo 165

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.

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Tax Credit Tax Electric Vehicles General Motors 104

Green Car Congress

FEBRUARY 23, 2021

Since Clean Cars 2030 was introduced, GM announced plans to sell only zero-emissions models by 2035, and Ford said it would only sell electric vehicles in Europe by 2030. a transition strategy for those negatively impacted by the requirement. a transition strategy for those negatively impacted by the requirement.

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Washington All-Electric Seattle Sale 301

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

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GM Escalade Legal Sierra 100

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.

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GM Yukon Arlington Tahoe 110

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.

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Tax Credit Miles Price Chevrolet 155

Green Car Congress

MAY 3, 2015

Pricing for the 2016 Chverolet Volt ( earlier post ) will start at $33,995 MSRP, including an $825 destination fee (excluding tax, title, license and dealer fees). Pricing will be as low as $26,495 after the full federal tax credit of $7,500. Federal tax credit can range from $0 up to $7,500.)

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Volt 2016 Tax Credit GM 150

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.

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Tax Credit Tax Congress Charging 98

Electrek

JULY 1, 2022

Toyota has sold its 200,000th plug-in car in the US, meaning its access to the $7,500 federal tax credit will sunset over the course of the next 15 months. The company joins Tesla and GM in no longer qualifying for credits, with Ford and Nissan also expected to hit the limit later this year.

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Tax Credit Waste Tax Toyota 98