EV Tax Credits 2021 - Search News

GM, EVs and tax incentive

GM to take a $1.6 billion hit as tax incentives for EVs are slashed and emission rules ease

General Motors will record a negative impact of $1.6 billion in its next quarter after tax incentives for electric vehicles were slashed by the U.S. and rules governing emissions are relaxed.

PA Media on MSN · 15h

General Motors to take a £1.2 billion hit as US tax incentives for EVs slashed

KSHB 41 Kansas City · 9h

GM to take $1.6B hit as tax incentives for EVs are slashed, emission rules ease

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GM to take $1.6 billion charge as tax credit blow muddies EV plans

General Motors (GM.N) said on Tuesday it will incur charges totaling $1.6 billion in the third quarter as it realigns its electric-vehicle capacity and manufacturing as a result of softer demand.

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GM to Reduce EV Manufacturing Following End to Tax Credits

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GM Faces $1.6 Billion Charge on EV Pullback

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GM Stock Falls After $1.6 Billion EV Write-down. How Trump Policies Are Biting.

How Trump Policies Are Biting.

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GM reports $1.6B hit from now-unused EV investments

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General Motors to take $1.6B charge to adjust to expected EV slowdown

MiBolsilloColombia on MSN

End of EV tax credits triggers GM debt for manufacturing

GM faces financial strain as EV demand falls sharply following the end of U.S. tax incentives and regulatory rollbacks.

9hon MSN

GM reports $1.6 billion hit from now-unused investments in EV production

General Motors, which led the way among U.S. automakers to convert its fleet to EVs, warned more hits may be ahead as it adjusts under a new administration.

1mon

Rivian lays off hundreds of employees ahead of the end of EV tax credits

The electric vehicle tax credit is ending this month. Rivian is cutting costs by laying off about 200 employees last week and is still planning to release its new, afforable SUV next year.

GM & Ford Cancel Extension Of Federal $7,500 EV Rebates

It seemed like such a good idea, and really out-of-the-box thinking, but Ford Motor Co. and General Motors Co. have both canceled electric vehicle leasing programs that would have extended

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The used EV tax credit expires soon. These cars give you the biggest savings.

If you're considering a switch to a used electric vehicle, now is the time to act. The federal Used Clean Vehicle Credit, launched in January 2023, is set to expire on Sept. 30 ‒ and it could save eligible buyers up to $4,000 on qualifying electric, plug-in hybrid, or fuel cell vehicles priced at $25,000 or less.