The automotive world as we know it today is changing. Builders are investing heavily in electrification to meet new government standards. Some manage to stand out more than others, which is the case with GM. Major investments in the development of the Ultium platform allow the American manufacturer to diversify its vehicle offer. In addition, GM has decided to go further by offering incentives that facilitate the transition to electric vehicles.
A program to facilitate the transition
The program in question consists of offering two choices to new Canadian buyers of the Cadillac LYRIQ 2023. The first is intended primarily for those who do not have an electrical installation at home to accommodate a level 2 charging station. The costs for the installation of a 240-volt outlet at home from a supplier selected by GM will therefore be covered by the manufacturer.
However, the level 2 charging station remains at the purchaser’s expense, but you will be entitled to a provincial government subsidy of up to $600 for the purchase of the charging station. The second choice is a $750 FLO credit for those who already have a 240-volt outlet at home.
The operation is very simple, when you have chosen your program on delivery of the vehicle, you will have to create a FLO account online. Then, in the following days, the credit will be applied to your account. In addition, you can use this credit with the Electric Circuit, since the FLO application is compatible with the latter.
The level 2 charging station at home will allow you to reduce the charging time. Cadillac also claims that recharging a dead battery will be done overnight at 240 volts rather than 3 days in a normal 120-volt outlet. Another interesting tidbit, like the Chevrolet Bolt EUV, the new 2023 Cadillac LYRIQ comes with a dual-level portable corded charger that allows the vehicle to be charged from either 120 or 240 volt outlets.
A program already known at GM
This program is not just for wealthier people. In fact, Chevrolet Bolt EV and Bolt EUV buyers may also be eligible for such a program. The conditions are essentially the same and, in the case of both Cadillac and Chevrolet, this program ends on December 31, 2022. It remains to be seen whether GM will decide to extend its program beyond this date and whether it will be extended to other future products like the Chevrolet Blazer EV or the Chevrolet Equinox EV.
