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GM resumes sales, cuts price of Chevy Blazer EV after software issue
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GM resumes sales, cuts price of Chevy Blazer EV after software issue
Mar 8, 2024 10:44 AM

March 8 (Reuters) - General Motors ( GM ) said on Friday

it is resuming sales and cutting the price of its Chevrolet

Blazer EV after software quality issues prompted the largest

U.S. automaker to halt deliveries in late December.

GM said it has made significant software updates addressing

concerns from early owners including customizable multi-color

ambient lighting, revised Driver Information Center graphics

with battery percentage display and more. Current Blazer owners

will get a software update to address the issues.

GM said it would cut the price of the Blazer by about $5,600

to $6,500 based on the trim level. The automaker also said the

Blazer has regained eligibility for a U.S. $7,500 EV tax credit

after new battery sourcing rules from the U.S. Treasury on Jan.

1 made many EVs ineligible.

The Blazer price cuts and restored tax credit bring the

effective price for qualified buyers down to $42,695 from the

original $56,715 for the lowest-priced model. Other automakers,

including Ford Motor ( F ), have cut prices of EVs in recent

months.

Several EVs have regained eligibility for tax credits

since January including the

Nissan Leaf

,

Volkswagen ID.4

, Honda Prologue and

Cadillac Lyriq

.

Separately, GM on Feb. 26 resumed sales of its 2024

model year Chevrolet Colorado and GMC Canyon mid-size trucks

after briefly

halting them

to address intermittent software quality issues.

GM CEO Mary Barra said last month the Detroit automaker

has "already revamped the software development process and more

importantly the validation process.... Right now, we're going

through a little bit of a learning, pain or learning, pains as

we make this transition."

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