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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp.,

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New GM 4.3L EcoTec V-6 for Sierra delivers 305 lb-ft torque

Green Car Congress

When the all-new 2014 GMC Sierra full-size pickup arrives this summer, its standard 4.3L Sierras equipped with the 4.3L 2014 Sierra models with the 4.3L EcoTec3 V-6 go on sale later this year with a suggested starting price of $25,085, including a destination charge of $995 but excluding tax, title, license and dealer fees.

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General Motors sidesteps loss of EV tax credit to offer big discounts for customers

Teslarati

General Motors is sidestepping the loss of the electric vehicle tax credit on its vehicles and will still offer a big $7,500 discount on cars for customers. The Lyriq and Blazer EV will likely regain eligibility sometime early this year as GM plans to switch up sourcing so customers can take advantage of the tax credit.

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The 2024 GMC Sierra EV’s lease price will give you sticker shock

Baua Electric

Photo: GMC Based on the latest incentive data, the 2024 GMC Sierra EV lease price costs nearly twice as much as GMC’s HUMMER EV. The 2024 GMC Sierra EV lease prices could start at over $1,700 a month. CarsDirect reports that the 2024 GMC Sierra EV has a 36-month money factor of 0.00341. A money factor is expressed as a decimal.

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Tesla Model Y lands in Top 10 best-selling cars in U.S. for 2022

Teslarati

percent sales increase last year compared to 2021. Additionally, the Model Y beat some notable vehicles like the GMC Sierra, Honda CR-V, Toyota Tacoma, and Jeep Grand Cherokee, which filled the seven through ten spots on the list. All three of these vehicles saw decreases in overall sales last year, with Ford’s pickup seeing a 9.9

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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. The EV leader just broke another sales record with 1.81

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GM to factor in EVs, software and Cruise in worker bonus talks

Teslarati

According to a report from Automotive News last week, GM plans to consider company performance in areas like EV sales, software and services, and Cruise when calculating salaried worker bonuses for 2024. “Our goal is to incentivize everyone to think and act with an enterprise perspective.”

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