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EV Sales Could Slow as Tesla, Nissan, GM Lose U.S. Tax Credits on Some Models

EV Sales Could Slow as Tesla, Nissan, GM Lose U.S. Tax Credits on Some Models

The New Year brings bad news for potential EV buyers as only a handful of models now qualify for federal tax credits of up to $7,500. That’s because of new requirements covering the sourcing of batteries and raw materials like lithium and cobalt. Among the brands impacted are Tesla, Nissan, General Motors and Ford. And analysts worry this could further slow growth of EV sales.

Dozens More EVs Coming in 2025 and 2026

Dozens More EVs Coming in 2025 and 2026

At least 40 new battery-electric vehicles are due to reach U.S. showrooms in 2024 — and that’s a conservative estimate as we’ve had a number of surprises dropped on us by both domestic and foreign-owned brands. If anything, the flood of EV offerings will likely accelerate going forward. Here’s a look at some of the models we’re expecting in 2025 and 2026. Headlight.News checks out 45 of them.

Here are the 40+ EVs Coming to Market in 2024

Here are the 40+ EVs Coming to Market in 2024

As recently as 2019 you’d have to struggle to find an EV at your local showroom. Today, however, there are more than 50 different nameplates available in the U.S., the vast majority offered with range exceeding 200 miles – and some products doubling that figure. But the pace of introductions is only set to accelerate, with dozens of new battery-electric vehicles soon coming to market. Headlight.News checks out the most interesting and important products debuting in 2024.

Nearly Half of Buick Dealers Take GM Buyout Rather than Invest in EVs

Nearly Half of Buick Dealers Take GM Buyout Rather than Invest in EVs

Nearly half of all Buick dealers are taking buyouts from General Motors. Many Cadillac dealers accepted similar buyouts previously, and it reflects dealer concerns about the cost of converting their showrooms and service departments to handle battery-electric vehicles. GM plans to go 100% EV by 2035, though the automaker is adjusting the pace of that transition as EV sales growth slows.

Cadillac Teasers its Fourth EV, the Optiq

Cadillac Teasers its Fourth EV, the Optiq

General Motors CEO Mary Barra likes to say the carmaker is “on a path to an all-electric future,” and no GM brand is moving faster than Cadillac. It’s already building the Lyriq, and is getting ready to roll out both the Escalade IQ and the exotic halo car, the Celestiq. Next, it seems is a downsized electric SUV, the Optiq, and these are the first teaser images. Headlight.News checks out the new EV and has insight on what it will offer.

Would You Pay $975,000 for a New Cadillac Celestiq? One “Lucky” Neiman-Marcus Customer Will

Would You Pay $975,000 for a New Cadillac Celestiq? One “Lucky” Neiman-Marcus Customer Will

Cadillac is getting ready to roll out the most expensive vehicle in its history, the exotic Celestiq set to start at just over $300,000. But one customer will wind up paying more than three times that, at least if they opt for a one-off version included in this year’s annual Neiman Marcus Fantasy Gifts list. Checkout out at Headlight.News.