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GMC Sierra EV, Lucid Air, cold-weather EV range, tax-credit stalls: Today’s Car News

Green Car Reports

The EV tax credit could be stalled for months in the Senate. We get a first look at an all-electric GMC Sierra. And how much does cold weather affect EV range? General Motors’ GMC truck brand yesterday teased the all-electric version of its Sierra. The Lucid Air is a Best Car To Buy Finalist.

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General Motors reports strong quarter, but EV fans might be disappointed

Teslarati

General Motors sidesteps loss of EV tax credit to offer big discounts for customers “We won’t get to low to single-digit profitability until 2025,” CFO Paul Jacobson said about EBIT EV margins. Those projections are based on the current expectations for EV demand and production growth.

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Ram Truck Owners Can Get Up to $2,000 Off a New Ford F-150 Lightning

The Truth About Cars

The Lightning was the second electric truck to hit the market after the Rivian R1T, but the field has grown more crowded in recent times with the release of the Chevrolet Silverado EV and GMC Sierra EV, both direct competitors to the Ford. The Blue Oval has an existing offer for Tesla drivers that provides up to $1,500 off the truck.

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Cadillac teases new Opulent Velocity performance EV concept, is it too little too late?

Baua Electric

General Motors has already pushed back production of several key electric models, including the Equinox EV, Silverado EV, and GMC Sierra Denali EV. After regaining eligibility for the $7,500 EV tax credit, the Chevy Blazer EV 2LT AWD starts at $42,695 (including the credit). GM lowered Blazer EV prices by up to $6,500.

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GM hopes new EVs like the $35K electric Chevy Equinox will help win back market share

Baua Electric

New models coming to boost market share Meanwhile, the new electric Chevy Equinox, which GM says is the most affordable EV with over 300 miles range, is already available to order. With the tax credit, the Chevy Equinox EV price could fall as low as $35,295. Chevy’s Blazer EV is also eligible for the $7,500 tax credit.

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GM hopes new EVs like the $35K electric Chevy Equinox will help win back market share

Baua Electric

New models coming to boost market share Meanwhile, the new electric Chevy Equinox, which GM says is the most affordable EV with over 300 miles range, is already available to order. With the tax credit, the Chevy Equinox EV price could fall as low as $35,295. Chevy’s Blazer EV is also eligible for the $7,500 tax credit.

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2023 was a tremendous year for both EVs and Plug In America!

Plug in America

Clean Vehicle Tax Credits Clean vehicle tax credits kicked into high gear in 2023. New federal EV tax credits were expanded and updated, and credits for used and commercial EVs became available for the first time in January. We also provided feedback from EV drivers (Thanks to you!)

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