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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. Fleet customers including for BrightDrop and the Chevrolet Silverado EV will benefit from the $7,500 commercial incentive,” stated General Motors.

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The Honda Prologue Gets Major Boost with Federal Tax Credit Eligibility

The Truth About Cars

Honda leaned on General Motors to help get its EV program off the ground here in the U.S., 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.

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Hyundai IONIQ 5 sales top 30,000 in the US for 2024 after ‘strong demand’ in Q3

Baua Electric

Hyundai IONIQ 5 sales reach 30,000 mark in Q3 2024 “We set an all-time retail sales record in the third quarter thanks to strong demand for our IONIQ 5 and hybrid models,” according to Hyundai Motor America’s CEO Randy Parker. After selling another 11,590 IONIQ 5 models in Q3, Hyundai’s electric SUV crossed the 30,000 sales mark in 2024.

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GM’s EV sales surge in back-to-back record months, narrowing gap with rival Ford

Baua Electric

2024 Chevy Blazer EV RS (Source: GM) GM is still about 20,000 EV sales behind Hyundai Motor (including Kia), but only about 2,000 shy of overtaking Ford. GM’s upbeat outlook comes as new models, such as the Chevy Equinox, Blazer, and Silverado EVs, gain momentum. Cadillac sold nearly 7,300 Lyriqs in Q2, boosting GM’s record EV sales.

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Hyundai will launch an electric Santa Fe and new EV pickup for the US, but there’s a catch

Baua Electric

Hyundai’s flagship SUV is going electric. Hyundai Santa Fe is finally going electric but as an EREV The Santa Fe is Hyundai’s second-best-selling SUV in the US. Sources familiar with the matter said Yang Heui-won, Hyundai Motor Group’s R&D chief, will head the project. Here’s what to expect from Hyundai’s new EVs.

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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. GM said stronger pickup and SUV sales in North America fueled the earnings growth. GM calls the electric SUV a “game changer” with over 300 miles range, a tech-loaded interior, and an affordable starting price.

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GM claims its next cycle of EV growth is coming, but when?

Baua Electric

After beating top and bottom line estimates in the second quarter, General Motors (GM) raised FY guidance for 2024. GM said stronger pickup and SUV sales in North America fueled the earnings growth. GM calls the electric SUV a “game changer” with over 300 miles range, a tech-loaded interior, and an affordable starting price.

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