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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. million units in 2024, the same as in 2023. Kia aims to achieve a sales volume of 277k units, with 13% growth year on year, and a market share of 6.8%.” In total, Kia achieved a global market share of 3.7%. “In

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Survey Shows Auto Dealers Still Annoyed With Biden EV Strategy

The Truth About Cars

A recent survey, conducted by Automotive News , has indicated that automotive dealerships are still broadly dissatisfied with the Biden administration’s strategy to force the United States to pivot toward all-electric vehicles. As for dealers, there’s some amount of disagreement as to what’s holding EVs back.

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Tesla rivals face rising inventory — and it’s becoming an issue

Teslarati

Beyond Tesla, however, it appears that the picture is much different in the United States. As per inventory data from Cox, the nationwide supply of electric vehicles in stock swelled by almost 350% this year to over 92,000 units. For context, dealers have about 54 days’ worth of inventory for gasoline-powered cars.

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News: 2023 Genesis Electrified GV70 AWD

Clean Fleet Report

Is an EV Genesis, the luxury division of Hyundai Motor Group, began this past week producing its first model in the United States at the sprawling HMG factory in Montgomery, Alabama. All base pricing includes the mandatory $1,125 destination fee, and qualifies for the federal $7,500 tax credit and any state rebates.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

More mainstream models will come from Kia, Mahindra, Škoda, and Volkswagen. Possibilities include dramatic reductions in the cost of EV batteries that lead to more cost- competitive vehicles, greater state or federal incentives, or increasing taxes on fossil fuels. Tesla Motors will have a bumpy year. million tons.

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Here are all the used EVs that qualify for a $4,000 tax credit

Baua Electric

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.

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The EV Transition Explained: Local Policies Shape Global Competition

Cars That Think

The Administration is undertaking multiple actions to place the United States on what it calls an “ irreversible path ” to achieve a 50-52 percent reduction in greenhouse gas emissions by 2030 from a 2005 baseline, and then to achieve net-zero emissions by 2050. economy away from fossil fuels. electric vehicle sales to the new law.

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