Tag: Inflation Reduction Act
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...
Ford and Tesla rivalry a new possibility, after impressive EV sales...
According to new EV sales numbers, Ford is now the second-best-selling electric car manufacturer in the U.S., indicating that it may be competitive with...
Goldman Sachs says big bucks in store for green energy infrastructure
Goldman Sachs believes the Biden Administration’s Inflation Reduction Act could breathe new life into the U.S.’s green energy infrastructure.
In an interview with CNBC, Michele...
