Category: eV

Images of the Day: Thinning of the Northeast Greenland Ice Stream

Greenland is home to the planet’s largest ice sheet outside of Antarctica. Observations collected from the ground, air, and space have revealed rapid thinning in the northeast part of this ice sheet that could contribute more to sea level rise than previously thought. “Rivers” of relatively fast-moving ice, known as ice streams, generally flow from […]

GM wants U.S. Treasury to reconsider tax credits for Cadillac Lyriq EV

General Motors said Friday it wants the U.S. Treasury to reconsider classification of GM's electric Cadillac Lyriq to allow it to qualify for federal tax credits. The Treasury and Internal Revenue Service did not classify the Lyriq as an SUV, meaning its retail price cannot be above $55,000 to qualify for up to $7,500 in federal tax credits. "We are addressing these concerns with Treasury and hope that forthcoming guidance on vehicle classifications will provide the needed clarity to consumers and dealers, as well as regulators and manufacturers," GM told Reuters Friday, adding Treasury should use criteria and processes similar to the Environmental Protection Agency and Energy Department.

GM wants U.S. Treasury to reconsider tax credits for Cadillac Lyriq EV

General Motors said Friday it wants the U.S. Treasury to reconsider classification of GM's electric Cadillac Lyriq to allow it to qualify for federal tax credits. The Treasury and Internal Revenue Service did not classify the Lyriq as an SUV, meaning its retail price cannot be above $55,000 to qualify for up to $7,500 in federal tax credits. "We are addressing these concerns with Treasury and hope that forthcoming guidance on vehicle classifications will provide the needed clarity to consumers and dealers, as well as regulators and manufacturers," GM told Reuters Friday, adding Treasury should use criteria and processes similar to the Environmental Protection Agency and Energy Department.

Volkswagen ID.4 Now 18% of Volkswagen USA Sales!

Volkswagen of America has released its 4th quarter 2022 sales numbers and its full-year 2022 sales numbers. The German automaker also highlighted that 6.8% of Volkswagen’s 2022 sales in the USA were EV sales (all ID.4 sales, as the ID.4 is the only electric vehicle Volkswagen sells in the country). The thing is: there’s a […]