Category: eV

GM hikes 2023 Chevy Bolt EV price as $7,500 tax credit returns

2023 Chevrolet Bolt EVThe 2023 Chevrolet Bolt EV once again qualifies for the federal EV tax credit, but now it's also getting a small price increase. General Motors lost eligibility for the $7,500 credit when it reached the 200,000-unit sales cap that was previously in place. Under the revamped rules enacted as part of the Inflation Reduction Act (IRA) and due to take...

Report: South Korea fines Tesla $2.2M over cold-weather range

2022 Tesla lineup  (Courtesy of Tesla, Inc.)South Korea's antitrust regulator has hit Tesla with a 2.85 billion won ($2.2 million) fine for allegedly minimizing the impact of cold weather on range, Reuters reported Tuesday. The Korea Fair Trade Commission (KFTC) said Tesla had overstated "driving ranges of its cars on a single charge, their fuel cost-effectiveness compared to gasoline...