EV Tax Credit Rules Tweaked to Qualify More Models
Classification tweak raises retail price maximum from $55,000 to $80,000, opening up the credits to previously disqualified models, such as the Cadillac Lyric. IMAGE: Cadillac More models will qualify for…
GM Asks Treasury to Classify its Cadillac Lyriq as an SUV
Without an SUV classification, the Cadillac Lyriq exceeds the price threshold for federal tax credits for EVs. IMAGE: Cadillac Currently, GM’s electric Cadillac Lyriq does not qualify for federal tax…