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7 EVs and Hybrid Cars That No Longer Qualify for a Tax Credit in 2024
GOBankingRates via Yahoo Finance· 3 days agoRules for federal tax credits for electric vehicles (EVs) are intended to provide an incentive for...
GM Saves Big Bucks on Cadillac Lyriq EV Assembly
Autoweek via Yahoo Finance· 2 days ago“We’re always going to be responsive to consumer demand,” Barra said, touting current and upcoming future product. GM reported a 36% increase in Ultium...
Musk turned Democrats off Teslas at a critical time. Here’s what they bought instead
Fortune via AOL· 3 days agoMeanwhile, the share of buyers identifying as Republicans saw a slight bump during that time frame,...
BEVs That International Automakers Sell In China, But Don’t Want To Offer You - CleanTechnica
CleanTechnica· 4 days agoAs Zach recently reminded us, China is currently the epicentre of the global EV revolution,...
Cadillac’s Lyriq is becoming a dark horse in the US electric car wars
Detroit News· 2 days agoFor a guy with a dog named Elvis, buying a Cadillac is fairly on-brand. Roberts isn’t a brand...
GM earnings top forecasts, company raises outlook and sees 'variable profit' in EV unit by year-end
Yahoo Finance· 2 days agoThe company expects EBIT margin in the EV business to improve by 60 points from 2023 through 2024,...
Earnings call: GM raises full-year guidance amid strong EV growth By Investing.com
Investing.com· 1 day agoGM's revenue reached $43 billion, with an EBIT adjusted of $3.9 billion and an adjusted automotive...
GM hopes new EVs like the $35K electric Chevy Equinox will help win back market share
Electrek· 2 days agoAfter losing EV market share in the US in the first three months of 2024, GM believes it can turn...
GM Raises Profit Outlook for 2024 After Strong First-Quarter Earnings
The Wall Street Journal· 2 days agoEarnings per share of $2.62 easily surpassed analysts’ forecasts of $2.13, according to FactSet. GM...
GM reports 1st quarter earnings increased on retail sales of trucks, improved EV sales.
Gannett via AOL· 2 days agoIts revenue soared nearly 8% to $43 billion, beating Wall Street expectations. The automaker said it...