Hints: Cadillac Lyriq is indeed an SUV, and you might consider leasing instead of purchasing.
It remains to be seen how a trade deal the US signed with Japan last week to expand the list of imported critical battery minerals eligible for the tax credit may add to the list of eligible EVs.give “qualified commercial clean vehicles” a break on domestic content rules.said in its first-quarter sales report Monday that it is leasing, rather than selling, more EVs thanks to that loophole.
The number-three automaker for EV sales in the US delivered 2114 Ioniq5s, 222 Ioniq6s, and 21 Nexo fuel-cell vehicles in Q1 2023. General Motors reported it sold 20,670 electric models in the first quarter of this year, up from just 457 in the first quarter of 2022. The preponderance this year wereup 5400% to 19,700 units. GMs CEO Mary Barra announced last year that Bolt production would increase to 70,000 units in 2023. GMC sold just two Hummers and 968 Cadillac Lyriqs, which were not yet available a year ago.
Earlier in March, European Union Commission President Ursula von der Leyen met with President Biden to argue for crediting materials sourced from her continent. Von der Leyen said “we agreed that we will work on critical raw materials that have been sourced or processed inGM sold nearly 20,000 Chevy Bolt EVs in the first quarter this year.
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