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How a New York cabby can get an MV-1 taxi for just $11k

AM General – the same company that's behind the Hummer – is making it easier for taxi drivers to buy one of its wheelchair accessible cabs in New York. Between the factory's own incentives and those offered by the city, the new MV-1 Empire Taxi can cost as little as $11,200. Unlike other vehicles that can be converted after production for handicapped mobility, the MV-1 is designed by AM General from the get-go as a wheelchair-accessible vehicle. Mobility Ventures LLC – the AM General subsidiary responsible for the MV-1 – displayed a yellow cab version at the New York Auto Show in 2012, and is now bringing it to market as the MV-1 Empire Taxi. Pricing has been announced, and it is rather competitive, to say the least. Mobility Ventures charges $33,000 for one of its wheelchair-accessibly taxis. But the NYC Taxi & Limousine Commission is offering a $14,000 grant toward the purchase of a wheelchair-accessible cab, bringing the purchase price down to $19,000. Of course, the Commission will offer the same incentives towards the purchase of any wheelchair-accessible vehicle, but converting an existing van for the purpose generally costs a good $10-20k. So while a Nissan NV200 Taxi of Tomorrow, for example, might start at under $30k, add in the cost of mobility conversion and you're looking at a lot more – a solid $10k more, according to Mobility Ventures. If the $19k purchase price isn't enough to get New York cabbies on board, the manufacturer and the commission are offering further incentives for some customers. For every wheelchair-bound passenger a driver picks up, the city will pay the cabby 50 cents – that may not sound like a lot, but it adds up over time. What's more, Mobility Ventures will match the incentive for the first 25 customers who buy an MV-1 Empire Taxi, which combined can come to as much as $7,800 in payments over the course of a year. Work that into the equation and the end cost of the new Empire Taxi could come out to just $11,200. Mobility Ventures is working with other cities to offer similar incentives, with negotiations currently under way in Washington with the DC Taxi Commission. Mobility Ventures Unveils New "MV-1 Empire Taxi" for NYC - More Legroom and Luggage Space Than any Other Taxi or Wheelchair Accessible Vehicle - Innovative Program will Match TLC Payments to Drivers for Every Ride in a Wheelchair Accessible Vehicle, Along with Special MV-1 Purchase Discounts NEW YORK, Jan.

GM to accelerate its EV strategy — Cadillac could be all-electric by 2025

General Motors will roll out details of an expanded and accelerated electric vehicle strategy on Thursday in an effort to convince investors it can be a serious competitor to Tesla, people familiar with the plans said. GM Chief Executive Mary Barra, who is scheduled to speak at a conference hosted by Barclays, is expected to say the automaker is ready to spend more on electric models by 2025 than the $20 billion previously outlined, the sources said. Supplier sources said previous plans to make the Cadillac brand all-electric by 2030 are being sped up, possibly to 2025, and other sources said that acceleration will be repeated in other brands and in segments such as commercial vans. Asked about the Thursday appearance, a GM spokeswoman called talk of increased spending speculative and declined to give details. The Detroit automaker is also expected to discuss a new timeline for many of the EVs to follow those already identified, such as the GMC Hummer EV pickup and Cadillac Lyriq crossover, people familiar with the plans said. Lyriq (shown above) is slated to go into production in late 2022, but GM officials have been stung by criticism the automaker was bringing the vehicle to market too late, one source said. "The pull-ahead in programs is real and the organization is really doubling down on speeding up product development," the source said. Barra and other GM executives have been signaling the automaker's EV acceleration plans. She said earlier this month GM would boost capital spending over the next three years to speed EV development and was talking with other automakers about partnerships to develop more vehicles using GM's battery technology. Last week, a GM executive said the company had pulled forward the rollout of two "major" EV programs, and GM officials have touted the faster 18-month development time for the Hummer truck. Tesla's soaring market capitalization, and growing pressure from regulators to phase out carbon-emitting engines, has put pressure on established automakers to respond to investors who view their internal combustion lineups as outmoded and doomed in the long run. A critical part of GM's pitch to investors has been its new Ultium batteries, which it estimates will offer an electric driving range of 400 miles or more on a single charge. It is building a battery plant with Korean battery maker LG Chem in northeast Ohio.

Here are 12 electric pickups in the works

With the unveiling of the GMC Hummer EV, the list of planned electric pickups is expanding. Legacy automakers like Ford and Chevy have theirs coming, as do startups like Tesla, Rivian and Bollinger, as well as some lesser known brands. Here are all the electric pickup trucks we know to be in the works, along with a few that are being discussed or mulled over. GMC Hummer EV The 2022 GMC HUMMER EV is a first-of-its kind supertruck develop View 40 Photos We’ve seen it now, and itÂ’s the business. The GMC Hummer EV comes out swinging with 1,000 horsepower from GMÂ’s new Ultium electric powertrain program, a wealth of off-road features, a removable roof, Super Cruise and the revival of the Hummer name. WeÂ’ll see the first ones on the road next fall. Tesla Cybertruck Tesla Cybertruck at the Petersen Museum View 14 Photos Tesla revealed the Cybertruck last year with, ahem, unique styling, a number of powertrain options and a claimed range of up to 500 miles. It has a compressed paper dash, a ramp for the bed, and “shatterproof” windows. It has already racked up hundreds of thousands of reservations. It will be built in Texas. Rivian R1T 2021 Rivian R1T View 15 Photos EV startup Rivian revealed its R1T electric pickup toward the end of 2018 with a claimed 0-60 time of 3 seconds and a towing capability of 11,000 pounds. Preproduction began in September 2020 at RivianÂ’s factory in Normal, Illinois. Bollinger Motors B2 Bollinger Motors B2 side outdoors View 31 Photos BollingerÂ’s B2 electric pickup is a Class 3 off-roader with retro styling, removable roof panels, and a unique “frunkgate” with a pass-through down the center of the vehicle. It was created with both enthusiasts and workers in mind, with features that can get it to remote places (portal axles, hydro-pneumatic suspension) and to get things done (room for 40 2x4s, equipped with eight 110-volt outlets and one 220-volt outlet). Bollinger also plans to make the B2 Chassis Cab available for fleet customization. Ford F-150 Electric Electric Ford F-150 Towing View 9 Photos WeÂ’ve known this to be in the works since early 2019. Since then, details have trickled out. Back in June, Ford announced its F-150 Electric would be coming within two years. WeÂ’ve seen it pull a million pounds worth of train and trucks, heard it will have more power than any other F-150, and seen its LED-laden front end.