Tag: Inflation Reduction Act
Democratic Senator Joe Manchin’s proposed new bill demands rapid enforcement of...
To put it in simple terms, Joe Manchin opposes EV adoption. The Democratic Senator from West Virginia, the country's second-largest coal supplier, has introduced...
GM and Treasury argue over EV tax credits for Cadillac Lyriq
The U.S. Treasury Department has refused to classify General Motor's electric Cadillac Lyriq as an SUV, a restriction which prohibits the vehicle from qualifying...
2023 Chevy Bolt gets a new price bump to ring in...
Earlier this week, General Motors raised the price of its 2023 Chevrolet Bolt from $26,595 to $27,495, a $900 increase.
The 2023 Chevy Bolt is...
Treasury Dept. announces consumer leases can qualify for new EV tax...
As of January 1, 2023, automakers selling EVs with final assembly outside of North America could qualify for a commercial vehicle tax credit, according...
USPS vehicles to be electrified by 2028, thanks to Inflation Reduction...
United States Postal Service vehicles will be partially electrified by 2028, according to a recent press release.
The 230,000 USPS vehicles currently in operation have...
EV tax incentive delays could work in auto industry’s favor
The U.S. Treasury Department announced it would delay key pieces of its 2023 electric vehicle tax incentive guidelines until March.
Originally, the agency aimed to...
EU trying to keep car business at home, as US entices...
The European Union is debating ways to keep auto-manufacturers from moving production to the U.S. According to a Reuters report, regulators recently asked member...
Mercedes and Rivian pause agreement to make electric van in Europe
On December 12, Rivian issued a statement announcing that it was postponing its intentions to produce electric commercial vans in Europe and that it...
Partnership from GM and LG helps finance $2.5 billion in battery...
A $2.5 billion low-cost loan to a partnership between General Motors and LG Energy Solutions has been finalized, according to the U.S. Energy Department,...
Tesla gives rare holiday discount to December buyers, seeks to boost...
Following a tumultuous year for EV automaker Tesla, the company has slipped a rare holiday discount into customer's end of the year orders.
The offer...
