Tiny allEV News Bytes
Real Quick! Here are 3 tiny allEV News Bytes for Friday June 17, 2022
*SEXY Price Increase
*GM’s Hand-Built Caddy’s
*Lose The Tax Credit Cap?
1. Tesla increased prices on their SEXY lineup.
With the exception of model S/X Plaid, the price increase could range from $2,000- $6000 depending on model and trim.
2. GM’s Hand-Built Caddy’s
GM is to invest $81,000 for
Cadillac’s future flagship sedan. The hand-built Celestiq will be limited to only hundreds each year. Prices will be $200K +.
3. Lose The Tax Credit Cap?
GM, Ford, Stellantis and Toyota North America are asking Congress to remove the $7,500 EV tax credit cap. This cap eliminates the credit benefit once the company sells 200,000 EVs.
Companies are pouring a ton of $ into the EV transition, supplies are skyrocketing this cap removal will help EVs be more affordable to further the EV adoption.
* Many other automakers raising their MSRP – orders are no problem but supplies are skyrocketing.
Go electric ✌🏼
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