Video of the Day

LightBlog

Post Top Ad

LightBlog
LightBlog

Tuesday, October 1, 2019

Want to buy a Chevy Bolt? We've got some bad news for your wallet.

In the market for a new eco-friendly vehicle? Breathe a sigh of relief – the federal tax incentive for electric vehicles isn't totally gone for the Chevy Bolt and other electric options from the American carmaker — yet.

As of Tuesday, Oct. 1, General Motors' tax credit was halved yet again from $3,750 to $1,875. The full federal credit is $7,500 for new electric vehicle purchases. General Motors, which has the Bolt EV and the now-discontinued hybrid plug-in Volt along with Cadillac options, will lose the tax incentive completely after March 2020. 

The newest 2020 Chevy Bolt, coming out soon, has a 21-mile range increase from its predecessor, pushing it to a max battery range of 259 miles. Its starting price before tax incentives is $37,495. Read more...

More about Tesla, General Motors, Bolt, Chevy, and Tech

from Mashable https://ift.tt/2mLp1EF

No comments:

Post a Comment

LightBlog

We’ll never share your email address with a third-party.

Labels

LATEST POST

Labels