Electrek

MAY 17, 2023

The Governor of New Nuevo León, Mexico, announced a new (potential billion-dollar) investment from Kia to expand its plant in the region and produce two EVs together with Hyundai. The move comes as the two automakers look to ensure EV models qualify for the IRA tax credit.

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Tax Credit Mexico Kia Tax 86

Teslarati

FEBRUARY 8, 2024

Hyundai recently broke ground on its training center in Georgia. The Hyundai Mobility Training Center is operated by Georgia Quick Start. The Hyundai Mobility Training Center will focus on the electric vehicle (EV) market in the United States. When completed, Hyundai’s car factory is estimated to generate over 8,000 jobs.

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Georgia Hyundai Kia Tax 110

Baua Electric

FEBRUARY 9, 2024

The first Hyundai plant dedicated to building EVs and batteries in the US will be open as soon as this October. According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit. Munoz said EVs produced at the new plant will qualify for the tax credit.

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Tax Credit Hyundai Tax Kia 52

Electrek

OCTOBER 3, 2022

Georgia Senator Reverend Warnock introduced a new bill that would expand which electric vehicles qualify for a tax credit through the Inflation Reduction Act. The post Georgia Senator introduces bill that would allow Hyundai, other automakers to qualify for EV tax credit appeared first on Electrek.

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Teslarati

FEBRUARY 28, 2024

Hyundai Motor Group’s Metaplant America (HMGMA ) in Georgia will likely boost its electric vehicle (EV) sales in the United States. Hyundai Motor Group is investing $7.59 A study by the Center for Automotive Research estimated that Hyundai’s investments in Georgia will create about 40,000 jobs and result in $4.6

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Teslarati

JANUARY 8, 2024

South Korean automakers Hyundai and Kia placed second together in US electric vehicles (EV) sales after Tesla, beating Detroit-based legacy automakers Ford and General Motors. Hyundai and Kia, along with the Genesis brand, are owned by Hyundai Motor Group, which holds the fourth-largest share in the US car market.

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Kia Hyundai Sale Tesla 119

Green Car Reports

SEPTEMBER 30, 2022

The 2023 Hyundai Ioniq 5 gets a roughly $1,500 price hike for its sophomore model year, but that could prove insignificant next to loss of eligibility for the federal EV tax credit and persistent dealer markups.

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Dealers Hyundai Tax Credit Price 155

Teslarati

JANUARY 25, 2024

4 units with SK On battery components qualify for the Inflation Reduction Act’s (IRA) full $7,500 federal tax credit for electric vehicles. 4 units with batteries from SK On qualify for federal tax credits. Hyundai & Kia take second place after Tesla in US EV sales Customers interested in purchasing a MY 2023 or MY 2024 ID.4

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Tax Credit Tax Batteries Battery 120

Green Car Congress

JANUARY 29, 2020

The redesigned 2020 Hyundai IONIQ Electric delivers 170 miles of range (an increase of 37% from the previous 124-mile range), technology and advanced standard safety features at a starting price of $33,045 for the SE model. Customers may receive the available federal tax credit of up to $7,500 making the net price $25,545 for the SE.

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2020 Hyundai Tax Credit Range 269

Green Car Congress

DECEMBER 14, 2021

Hyundai revealed pricing, packaging and a 58kWh battery pack option for its coming IONIQ 5, an electric crossover utility vehicle (CUV). Eligibility for the federal tax credit of up to $7,500 is dependent on individual tax circumstances. Customers can select from two battery pack options—either 58 kWh or 77.4

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Hyundai Batteries Battery Tax Credit 259

InsideEVs

APRIL 17, 2023

The South Korean automaker says it immediately lost EV market share the moment the new US EV tax credit became law.

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Tax Credit Tax Hyundai Market 102

Green Car Congress

DECEMBER 30, 2018

Hyundai delivered its first NEXO fuel cell SUV ( earlier post ) to Tom Hochrad of Ventura, California—the first US customer to drive off in the new NEXO, the only mass-produced fuel cell SUV for the US market, featuring a range up to 380 miles.

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SUV Hyundai 2019 Fuel 390

Baua Electric

JANUARY 17, 2024

Read more Tata Motors has opposed Toyota’s appeal for tax reduction on hybrid cars, claiming that they are more polluting than electric vehicles and should not be given a tax advantage. Several automakers like Toyota, who have been selling hybrid cars in India have been lobbying for a tax cut on the hybrid vehicles in India.

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Green Car Reports

AUGUST 10, 2021

Pricing for the 2022 Hyundai Santa Fe Plug-In Hybrid will start at $40,535 (including destination) for the base SEL Convenience trim level, according to CarsDirect, which pulled the information from a recent order guide.

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Tax Credit Plug-in Hyundai Hybrid 174

Teslarati

MARCH 28, 2024

It appears that South Korean automaker Kia is taking some steps to ensure that its EV9 all-electric SUV will qualify for the full $7,500 federal tax credit in the United States next year. By producing the EV9 in Georgia, the all-electric SUV could qualify for a partial EV tax credit. Don’t hesitate to contact us with news tips.

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Tax Credit Kia Tax Georgia 53

The Truth About Cars

JANUARY 24, 2024

Photo credit: Hyundai Hyundai announces the price range for the 2024 Santa Fe lineup, beginning at an entry-level price of $33,950. MSRP excludes freight charges, tax, title, and license fees. Hyundai Motor America reserves the right to change prices and features at any time.

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Hyundai Price Fuel Economy Hybrid 98

Baua Electric

JANUARY 17, 2024

The all-electric Hyundai Kona EV is getting the sporty N Line treatment. Hyundai unveiled the new Kona Electric N Line with stylish design upgrades. Hyundai Motor Europe’s best-selling EV is getting even more attractive. The Kona Electric is Hyundai Europe’s first EV to get the sporty N Line treatment. wide, and 62.2″

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Hyundai Design Tax Credit Electric 95

Green Car Congress

APRIL 5, 2022

Firefly, a fast-growing in-car and car-top mobility media company and a Google Ventures-backed startup, will collaborate with Hyundai in promoting its vehicles—including EVs—to rideshare fleets and drivers across key US cities. The program will be available everywhere Firefly is on the road.

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Hyundai Fleet Tax Credit America 170

Teslarati

APRIL 25, 2023

Hyundai and SK On recently released more information on its battery cell production facility in the United States. US battery guidance might slash IRA EV Tax credits Hyundai will use the cells to produce Hyundai, Kia, and Genesis EV models within the United States. The Teslarati team would appreciate hearing from you.

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Hyundai Georgia North America Batteries 91

Teslarati

JULY 4, 2022

As recently corroborated by the veteran Japanese carmaker, it has already crossed the 200,000-unit cap for the United States’ $7,500 tax credit for hybrid and all-electric vehicles. The post Toyota’s tax credit advantage over competitors like Tesla disappears appeared first on TESLARATI.

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Tax Credit Tax Tesla Toyota 98

Electrek

OCTOBER 24, 2022

Hyundai delivered another strong performance in the third quarter as several popular EV models led to 27% EV sales growth. However, analysts believe with the new tax credit provisions from the Inflation Reduction Act, a drop in demand “seems inevitable” for foreign automakers like the Hyundai Group.

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Hyundai Tax Credit Sale Tax 125

Baua Electric

FEBRUARY 2, 2024

Hyundai announced a new deal with Iveco Group to supply an all-electric van based on its global eLCV platform. The Iveco-badged electric van will be Hyundai’s first export to use its new EV platform. Hyundai will build the chassis, while Iveco will customize the electric vans, distributing them through its network.

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Green Car Reports

NOVEMBER 30, 2022

Hyundai and battery supplier SK On are partnering to meet the new battery sourcing requirements of the Inflation Reduction Act (IRA).

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Hyundai Tax Credit North America Batteries 125

EV Central

FEBRUARY 16, 2024

The federal government’s tough new fuel efficiency standard has been endorsed by Hyundai – but with provisos. READ MORE: Could a tiny $30,000 2024 Hyundai Casper electric SUV challenge the BYD Dolphin and MG4 in Australia? 2024 Hyundai Ioniq 5 N. The Hyundai Seven concept spawns a production model in 2024.

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Hyundai CO2 Australia Tucson 99

Baua Electric

APRIL 25, 2024

Following similar announcements from rivals, Hyundai is adding more hybrids to its lineup as a bridge to its next-gen EVs. Hyundai will add hybrid production lines at its dedicated EV plant in Georgia as demand rises. Hyundai Q1 2024 sales by region (Source: Hyundai) Overall, EVs accounted for 4.5% (vs 6.5% vs. 15.9%).

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Hyundai Hybrid Tax Credit Sale 52

Teslarati

MAY 31, 2023

LG Energy Solutions (LGES) and Hyundai teamed up to build a battery cell manufacturing plant in the United States. Hyundai Motor Group and LGES signed a memorandum of understanding on May 26 in Seoul, Korea, for a battery cell manufacturing facility in Bryan County, Savannah, Georgia. based battery plant. million globally by 2030.

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United States Hyundai Georgia Energy 98

Baua Electric

FEBRUARY 27, 2024

February 26, 2024, will forever be known as Hyundai Day in the state of Georgia as the automaker gears up to begin production at its first dedicated EV and battery plant in the US later this year. Hyundai announced its fast-tracking production at its Hyundai Motor Group Metaplant America (HMGMA) in Georgia.

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Hyundai Tax Credit Georgia Production 52

Baua Electric

MARCH 6, 2024

Hyundai unveiled a sleek new IONIQ 6 Black Edition this week. Hyundai unveils IONIQ 6 Black Edition Following the launch of the updated IONIQ 5 earlier this week, Hyundai revealed another new model in Korea. Hyundai revealed the IONIQ 6 Black Edition. Hyundai is giving up to 1.6 We can help you get started today.

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Hyundai Financing Price Dealers 52

InsideEVs

MARCH 1, 2023

It will be a difficult year for the Hyundai Kona Electric in the United States.

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Tax Credit Hyundai Tax EPA 102

Baua Electric

APRIL 30, 2024

Hyundai Motor India, the second largest car maker in the country, is set to enter the hybrid vehicle segment in the coming three years. Hyundai Motor India is likely to bring in the hybrid powertrain alternatives in its mid-size SUVs in the future. Globally too Hyundai Motor is pushing for hybrids.

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India Hyundai Motor Motors 52

Electrek

AUGUST 22, 2022

In the race to gain EV market share, South Korean automaker Hyundai is looking to solidify its place in the US. After being left out of the new EV tax incentives, Hyundai wants to build “Made in America” electric vehicles.

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Hyundai Building Tax America 98

Baua Electric

JANUARY 25, 2024

Hyundai sold 268,785 EVs last year as demand for the IONIQ 5 and IONIQ 6 picked up. Hyundai sold 268,785 EVs in 2023 During the last three months of 2023, Hyundai sold over 57,975 electric vehicles globally. With this, Hyundai’s global EV sales reached 268,785 in 2023. billion EV and battery plant in late October.

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Hyundai Electric Vehicles Tax Credit Vehicles 52

Green Car Congress

APRIL 16, 2019

Hyundai Motor Company and H2 Energy AG have signed a contract for a joint venture—Hyundai Hydrogen Mobility—aimed at taking a lead across Europe’s burgeoning hydrogen mobility ecosystem. With today’s agreement, Hyundai Motor will strengthen its business operations across the hydrogen ecosystems in Switzerland and beyond.

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Hyundai Hydrogen Switzerland Motor 255

Teslarati

OCTOBER 6, 2022

Uber announced today that they will expand their autonomous vehicle fleet via a partnership with Motional, a Hyundai subsidiary. The partnership will have Motional supply Hyundai autonomous vehicles to Uber for ride-hailing and food/item delivery. Ironically, this follows news that Motional would be supplying AVs to Lyft as well. .”

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Hyundai Companies Vehicles Fleet 98

Teslarati

NOVEMBER 25, 2022

Hyundai is reportedly considering building a battery production facility with partner SK Innovation in Georgia, this being its third facility in the State. Hyundai has been in an all-out blitz to establish electric vehicle manufacturing capabilities in the United States. EV tax incentives have added urgency to their plans.

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Georgia Hyundai Batteries Battery 98

Electrek

NOVEMBER 4, 2022

South Korean officials and leaders from Japan are expressing concerns over the new US EV tax credit requirements that kick in at the end of the year. Will they get their way, paving the way for automakers like Toyota , Hyundai , and Kia electric vehicles to qualify?

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Tax Credit Japan Tax South Korea 79

Green Car Reports

MAY 29, 2021

The 2022 Hyundai Ioniq 5 EV got its official U.S.-spec. Which upcoming electric vehicle has reached a claimed 200,000 hand-raisers? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending May 28, 2021.

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Tax Credit Hyundai Jeep Plug-in 134