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Chevrolet lowers price on 2023 Bolt EV by $5,900, on Bolt EUV by $6,300

Green Car Congress

Chevrolet, which resumed production of the Bolt electric vehicles in April, has announced that the upcoming 2023 Bolt models will be priced significantly lower than their predecessors. Chevrolet EVs are not eligible for the $7,500 US federal tax credit. 2023 Bolt EV. 2023 Chevrolet Bolt EUV Redline Edition.

Chevrolet 435
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Lucid Motors unveils Lucid Air luxury electric sedan

Green Car Congress

Lucid Motors unveiled the Lucid Air battery-electric luxury sedan, which will start at less than US$80,000. With up to 1,080 horsepower available in a dual-motor, all-wheel-drive architecture, the Lucid Air is able to achieve quarter-mile times as quick as 9.9 seconds on a consistent, repeatable basis.

Motors 414
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CT legislature passes highway usage tax on heavy trucks

Green Car Congress

The Connecticut General Assembly has passed HB 6688 , a bill that imposes a highway use tax (HUT) on every carrier for operating, or causing to be operated, certain heavy, multi-unit motor vehicles (Class 8-13) on any highway (i.e., Revenue from the tax is directed to the Special Transportation Fund (STF).

Tax 321
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Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. The top 5 countries with the highest motor tax revenues are: Germany ?

Motors 284
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Fisker finesses the Inflation Reduction Act tax credit changes with binding sales contract; “Transition Rule”

Green Car Congress

The US Senate has passed the Inflation Reduction Act, with nearly $400 billion in funding over 10 years for climate- and energy-related programs; among the myriad provisions in the 755-page bill are changes to the electric vehicle Federal tax credit of $7,500. The Ultra trim retails for $49,999 and the top trim Extreme is priced at $68,999.

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EIA: State tax rates for retail gasoline and diesel increased in 13 states in 2023

Green Car Congress

In January 2023, state taxes and fees on gasoline and diesel fuel averaged $0.3163 per gallon (gal) of gasoline and $0.3388/gal of diesel fuel, according to the US Energy Information Administration (EIA). These taxes have increased in 13 states since July 2022. gal), although that low tax rate will gradually increase through May 2023.

Tax 273
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New Lucid Air Grand Touring Performance model offers 1,050 hp, 0-60 in 2.6s

Green Car Congress

With 1,050 horsepower, the dual-motor Lucid Air Grand Touring Performance is the most powerful EV currently available in North America, and will offer an EPA-estimated driving range of 446 miles. In Canada, the Air Grand Touring Performance will be priced at $242,000 CAD (before taxes), with deliveries beginning in August 2022. (To