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Tag: expected

EV Market Expected to Grow Despite End of $7,500 Tax Credit, Says Former Tesla Exec

Jon McNeill, former Tesla president of global sales and service and current GM board member, said the U.S. electric vehicle market can continue expanding even after the federal $7,500 EV tax credit expired. Speaking to CNBC, McNeill said that broader availability of models and more affordable options will sustain consumer interest. “There are now 65 … Continue reading “EV Market Expected to Grow Despite End of $7,500 Tax Credit, Says Former Tesla Exec”

GM is dropping this gas SUV sooner than expected, but a new luxury EV will step in

GM is ending production of the gas-powered Cadillac SUV XT6 sooner than expected, and a new luxury EV will replace it. The three-row electric SUV will be placed by a new luxury Cadillac EV at GM’s Spring Hill plant in Tennessee. GM ends XT6 production for a new luxury EV After the XT4 was killed … Continue reading “GM is dropping this gas SUV sooner than expected, but a new luxury EV will step in”