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Cadillac Lyriq

All articles tagged with #cadillac lyriq

automotive2 years ago

"Temporary Loss of Tax Credit Eligibility for Chevy Blazer EV and Cadillac Lyriq"

GM has announced that the Chevy Blazer EV and Cadillac Lyriq will temporarily lose eligibility for the EV tax credit starting January 1 due to minor components. However, all other EVs under the price cap will still qualify. GM expects the Blazer EV and Lyriq to regain eligibility in early 2024. Similar announcements have been made by Ford regarding the Mustang Mach-E and by Tesla regarding certain Model 3 variants. The changes come as more restrictions on eligibility for the tax credit are set to go into effect in 2022 and 2025.

via Electrek.co|
#automotive#cadillac-lyriq#chevy-blazer-ev
automotive2 years ago

"US EV Tax Credits Set to Expire for GM and Ford Vehicles in 2022"

General Motors (GM) announced that its Cadillac Lyriq and Chevrolet Blazer EV will temporarily lose eligibility for the U.S. electric vehicle tax credit starting January 1, 2023. Only the Chevrolet Bolt EV will remain eligible for the consumer EV tax credit. Ford Motor also stated that its E-Transit, Mach-E, and Lincoln Aviator Grand Touring plug-in hybrid will lose the tax credit, while the F-150 EV Lighting and Lincoln Corsair Grand Touring will retain it. GM attributed the loss of credit to two minor components but expects the vehicles to regain eligibility in early 2024. The U.S. Treasury's new battery sourcing restrictions, effective January 1, aim to reduce reliance on China for the electric vehicle supply chain. Tesla's Model 3 Rear-Wheel Drive and Long Range vehicles will also lose federal tax credits starting January 1.

via Reuters|
#automotive#cadillac-lyriq#chevrolet-blazer-ev
business2 years ago

GM's Q3 Sales Surge 21% with Bolt and Ultium Leading the Way

General Motors (GM) has released its Q3 delivery numbers, with EV sales showing growth, particularly in the Ultium lineup. The Cadillac Lyriq and Hummer EV saw significant increases in deliveries, indicating that GM may finally be making progress with Ultium. The Bolt remains the top-selling EV for GM, despite being discontinued at the end of the year. However, overall EV sales still represent a small percentage of GM's total sales. GM delivered 20,092 EVs in Q3, accounting for just under 3% of its total deliveries. GM will need to significantly increase EV production to fulfill its promise of being "all-in" on EVs.

via Electrek.co|
#business#cadillac-lyriq#ev-sales
automotive2 years ago

"Head-to-Head: Cadillac Lyriq vs. Model Y - Charging Speed and Popularity Compared"

A test of the Cadillac Lyriq's DC fast charging capabilities revealed that the vehicle was able to charge at a maximum rate of 188 kW, close to its stated maximum of 190 kW. However, the charging rate gradually reduced after reaching a peak, resulting in a slow charging speed. In a 40-minute session, the Lyriq was only able to add back 60% of its battery, translating to 187 EPA-rated miles added. Further testing is needed to fully assess the vehicle's charging capabilities.

via InsideEVs |
#automotive#cadillac-lyriq#charging-capabilities
business2 years ago

US Auto Sales Surge in Q1 with Record EV Milestones and Increased Dealer Stock.

General Motors (GM) sold over 20,000 electric vehicles (EVs) in Q1 2023, marking the first time the automaker has achieved this milestone in a single quarter. The company expects to continue this growth throughout the year, with plans to build another 50,000 EVs in North America through June and double that in the second half of 2023. The Chevy Bolt EV and EUV were the top-selling models, with 19,700 sold in Q1, while the Cadillac Lyriq and GMC Hummer EV also contributed to the sales figures. GM plans to produce 70,000 Chevy Bolt EV and EUV units in 2023 to meet demand for affordable EV options.

via Electrek|
#business#cadillac-lyriq#chevy-bolt