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Kia to begin EV9 production in the US by May, expects $7,500 EV tax credit eligibility by 2025

Baua Electric

Kia’s first three-row electric SUV is off to a good start. However, Kia will accelerate EV9 momentum with plans to begin US production by May. Kia expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. Starting under $55,000, Kia calls its electric family move an “industry wake-up call.”

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Kia EV9 reservations to start this month in North America

Teslarati

Kia EV9 reservation will start this month in North America. The EV9 will be the first vehicle Kia assembles in North America, making it eligible for the Inflation Reduction Act’s tax incentives. According to the Asian car manufacturer, the 2024 Kia EV9 will start at $54,900.

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Hyundai and Kia are closing the gap with Tesla as US EV market share hits double-digits

Baua Electric

After a record start to 2024, Hyundai and Kia accounted for 11.2% Hyundai and Kia have been on a roll with some of the most affordable, fuel-efficient electric cars in the US. Hyundai has six of the top ten most fuel-efficient EVs on the market (by trim) in 2024, while Kia’s EV6 also made the list. in 2020, 3.4%

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Survey Shows Auto Dealers Still Annoyed With Biden EV Strategy

The Truth About Cars

According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. About half of all dealerships also said they never bothered to register with the IRS to more easily facilitate EV tax credit exchanges.

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Indian market to remain flat in 2024, Kia to grow by 13% – Kia global CEO Song | Autocar Professional

Baua Electric

Ho-Sung Song, the global president and CEO of Kia expects the Indian market to remain flat in 2024. Kia aims to achieve a sales volume of 277k units, with 13% growth year on year, and a market share of 6.8%.” Additionally, we plan to expedite new dealer recruitment to rapidly build our sales growth capabilities,” he said.

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Hyundai, Tesla pave the way for long-range (+300 mi) EV prices falling below average gas cars

Baua Electric

Buying an electric car with at least 300 miles of range is getting more affordable than ever. Several automakers, including Hyundai , Kia, and Tesla, are now offering long-range EVs (those with at least 300 miles range) that are cheaper to buy than the average gas-powered car in the US.

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These are the best 2024 Memorial Day EV deals so far

Baua Electric

2024 Kia EV9 (Source: Kia) CarsDirect is busy hunting down the best Memorial Day EV deals – here are three standouts from Tesla, Kia, and Ford. CarsDirect reported earlier in May that the $7,500 federal tax credit can make the Model Y $9,000 cheaper than a Model 3. Lease prices are currently unchanged.

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