News Silverado SUV Tax Credit 
Teslarati
APRIL 17, 2023
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. The Ultium line will likely adhere to the U.S.
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. Tax credits bring the Prologue’s starting price down to $41,295 after a $1,395 destination charge.
Baua Electric
JANUARY 3, 2024
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.
Baua Electric
MAY 17, 2024
The news came after a source from within GM’s Tech Center told them that the Corvette nameplate was due for the same treatment. Among the considerations were a 2+2 coupe, convertible, and two- and four-door SUVs. He hinted it could be priced around $35,000, similar to the new Chevy Equinox EV.
Baua Electric
SEPTEMBER 23, 2024
GM’s upbeat outlook comes as new models, such as the Chevy Equinox, Blazer, and Silverado EVs, gain momentum. Chevy Blazer EV (left), Chevy Equinox EV (middle), Chevy Silverado EV (right) (Source: GM) Its luxury Cadillac brand is also seeing higher EV demand. Meanwhile, surpassing Hyundai may be another challenge.
Baua Electric
JUNE 6, 2024
With new incentives, Chevy Blazer EV lease prices can be just $10 more than the gas-powered model per month. The 2024 Chevy Blazer EV is part of GM’s revamped EV lineup, along with the Chevy Equinox and Silverado EVs. After slashing Blazer EV prices in March, the all-electric SUV starts at just over $50,000.
Baua Electric
JULY 23, 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. All models qualify for the $7,500 EV tax credit. Net income also surged 14% to $2.9
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