Remove GMC Remove SUV Remove Tax Credit
article thumbnail

GM expects Chevrolet Silverado EV to get full $7,500 tax credit

Teslarati

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. If it does, the Silverado EV will qualify for the IRA’s full $7,500 EV tax credit. GM issued a list of electric vehicles in its lineup that would qualify for the full EV credit.

article thumbnail

DOE publishes list of EVs eligible for new tax credit

Teslarati

Department of Energy’s Alternative Fuels Data (DOE) published a list of electric vehicles that are immediately available for the new $7,500 EV tax credit. Under the new law, only EVs assembled in North America qualify for the credits. GMC Hummer Pickup. GMC Hummer SUV. BMW 3-series Plug-In.

article thumbnail

Tesla rivals face rising inventory — and it’s becoming an issue

Teslarati

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. One particular reason behind the lack of sales for vehicles like the GMC Hummer EV SUV and the Hyundai Ioniq 5 may be their ineligibility for the Inflation Reduction Act’s (IRA) federal tax credits.

article thumbnail

2024 Honda Prologue electric SUV starts under $40,000 with full EV tax credit eligibility

Baua Electric

The 2024 Honda Prologue, the brand’s first all-electric SUV, qualifies for the full $7,500 EV tax credit. With the added credit, the Honda Prologue hits the “sweet spot,” with starting prices under $40,000. With the added credit, the Honda Prologue hits the “sweet spot,” with starting prices under $40,000.

article thumbnail

GM is giving a $7,500 incentive on EV models that lost tax credit eligibility

Baua Electric

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.

article thumbnail

Honda’s Prologue electric SUV is on a hot streak as US sales cross 25,000 in November

Baua Electric

Honda’s electric SUV is already one of the best-selling EVs in the US. Honda Prologue electric SUV sales top 25,000 in November The all-electric Honda Prologue was already the fifth top-selling EV in the US in Q3, behind the Tesla Model Y, Model 3, Cybertruck, and Ford Mustang Mach-E. Ready to check it out for yourself?

SUV 52
article thumbnail

Honda’s Prologue electric SUV is taking the US by storm

Baua Electric

Honda’s first electric SUV, the Prologue, is already a top-selling EV in the US. Honda Prologue EV sales are picking up in the US The electric SUV was the fifth best-selling EV in the US, with sales topping 12,600 in the third quarter. Based on GM’s Ultium platform, the SUV offers up to 296 miles of driving range.

SUV 52