General Motors Co on Thursday said it has no plan to cut the sticker price on it...
- General Motors Co on Thursday said it has no plan to cut the sticker price on its electric Chevrolet Bolt sedan after a federal tax credit drops by half to $3,750 on Monday.
GM has laid out an aggressive electric vehicle strategy, vowing to bring at least 20 EV models to market by 2023. Tesla aggressively urged buyers to take advantage of the full credit shortly before it expired. “Reminder to US buyers that the $7500 tax credit cuts in half in 5 days!” Chief Executive Elon Musk tweeted in December.
GM will offer new incentives next week for EVs as the current monthly incentives expire, the company said.
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