Dabbie Davis   Feb 21, 2024   

General Motors has reinstated the Cadillac Lyriq's eligibility for the $7,500 US electric vehicle tax credit following a sourcing change for two minor components. The luxury electric SUV lost its eligibility due to updated regulations but now offers customers the federal tax credit at the point of sale, marking a positive development amidst GM's EV challenges. The 2024 Lyriq, with expanded configurations and impressive performance, continues to position itself as a strong contender in GM's electric car lineup.