As the legacy automakers finally begin to get serious about electrification, it’s becoming increasingly clear that the accelerating transition will result in a major restructuring of the industry, which seems likely to include substantial job losses. As a recent Bloomberg article reports, fear of the electric future is an underlying reason for the United Auto… Read more »
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Read past issues of Charged – Electric Vehicles Magazine
Issue 66: October-December 2023 Featuring: Issue 65: July-Sep 2023 Featuring: Issue 64: April-June 2023 Featuring: Issue 63: January-March 2023 Featuring: Issue 62: October-December 2022 Featuring: Issue 61: July-September 2022 Featuring: Issue 60: April-June 2022 Featuring: Issue 59: January-March 2022 Featuring: Issue 58 – November/December 2021 Featuring: Issue 57 – September/October 2021 Featuring: Issue 56 –… Read more »
Keeping federal EV tax credit alive a tough sell for GM as it lays off workers and closes factories
General Motors is fighting to retain the $7,500 federal tax credit for plug-in vehicle purchases, but the company’s recently announced layoffs and plant closings may make it a tough sell in Washington. As GM nears the 200,000-vehicle cutoff point after which the tax credit will be phased out, the incentive’s very existence is uncertain. One… Read more »