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

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.

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Tax Credit Kia Tax Georgia 53

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

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 97

Electrek

MAY 26, 2023

Hyundai has been on a roll in the US as the automaker embraces the industry’s transition to electric vehicles. The automaker says EV leases are climbing as buyers take advantage of the tax credit provided by the Inflation Reduction Act (IRA).

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Tax Credit Tax Hyundai Electric Vehicles 107

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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Tax Credit Georgia Tax Hyundai 98

CleanTechnica EVs

JUNE 4, 2021

As we reported recently, there’s a big cleantech bill moving through the US Congress that would revive, extend, and expand the zero-emission vehicle tax credit in various ways.

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Tax Credit Tax Plugin Congress 137

EV Life

JUNE 29, 2023

The bill puts forth several measures aimed at advancing decarbonization in the state, including tax credits for industrial facilities to implement emission-reducing improvements, new spending for geothermal energy projects and geothermal electricity generation, the construction of sustainable aviation fuel production facilities, and more.

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Tax Credit Colorado Tax Electric Vehicles 52

Baua Electric

JANUARY 3, 2024

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. GM to give $7,500 incentive for non-qualifying EVs Two weeks ago, GM said the new Chevy Blazer EV and Cadillac Lyriq would lose eligibility for the US EV tax credit at the beginning of 2024. 4, Ford Mustang Mach-E, and Nissan LEAF.

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Tax Credit Tax GM Cadillac 52

Green Car Congress

FEBRUARY 22, 2023

Hyundai Motor America announced pricing, packaging and a 53-kWh battery pack option for the IONIQ 6 electric vehicle. Eligibility for state tax credits is dependent on individual tax circumstances. The 2023 IONIQ 6 goes on sale this spring at Hyundai dealerships. million BEV units worldwide by 2030.

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Hyundai Miles Range Tax Credit 284

Green Car Reports

JANUARY 14, 2020

When the Chevrolet Bolt EV’s federal EV tax credit eligibility amount dropped from $3,750 to $1,875 back on October 1, many expected GM to start making up for it with some deals.

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Tax Credit Tax 2020 Kia 143

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 95

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 176

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 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 157

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 101

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

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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Hyundai America Sale Georgia 117

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 128

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 137

InsideEVs

FEBRUARY 14, 2024

Slower-than-expected demand and revised federal tax credit rules are impacting EV prices in the U.S.

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Tax Credit Kia Hyundai Tax 118

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

Green Car Reports

FEBRUARY 22, 2018

Today, a bit of clarity on a mysterious auto startup, some verdicts on the Hyundai Nexo fuel-cell SUV, and a look at how Nissan and others may handle the end of electric-car tax credits. What will happen when electric-car tax credits expire, and how will each maker handle it? All this and more on Green Car Reports.

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Tax Credit Tax Hyundai Nissan 64

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 22, 2024

In April 2023, SK On and Hyundai announced a $5 billion investment in Bartow County, Georgia, for a battery production facility. 4 EVs with SK On battery component became eligible for the Inflation Reduction Act’s (IRA) full $7,500 tax credits. 4 is among the few electric vehicles eligible for full IRA tax credits.

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Tax Credit Batteries Battery North America 117

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

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.

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Hyundai Georgia North America Batteries 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 136

Teslarati

JANUARY 29, 2024

This positive trend was partially fueled by tax credits from the U.S. billion KRW from the IRA tax credit, which grew 16% from the previous quarter due to a solid performance from LGES factories in the United States. Excluding the tax credit: Operating profit would be KRW 88.1 from the same period last year.

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Tax Credit Energy Tax North America 113

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 Reports

AUGUST 23, 2022

The EV tax credit revamp might have some companies reexamining U.S. production plans. Audi teases a rugged crossover EV concept. And Kia reveals performance and spec details for the quickest EV6. This and more, here at Green Car Reports. Kia has announced U.S.-market market details for its quickest, most powerful EV6 GT model.

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Kia Audi Concept Tax Credit 148

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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Hyundai South Korea Tax Credit Commercial 97

Baua Electric

MAY 23, 2024

in March as several automakers, including Hyundai and Ford, saw electric car sales surge. Hyundai and Ford see EV registrations surge Hyundai and Ford strengthened their positions in March as EV registrations accelerated. Hyundai is one automaker that remains fully committed to selling EVs in the US, and it’s paying off.

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Hyundai F-150 Ford Kia 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

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 Reports

JULY 3, 2022

Why are EVs as a group so trouble-prone, according to a respected study? What might the Supreme Court’s EPA ruling mean for the carbon footprint of your EV? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending July 2, 2022. We brought you a first review of the 2023 Cadillac Lyriq, and.

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Cadillac Tax Credit Tax Hyundai 88

Green Car Reports

DECEMBER 17, 2018

If you happen to be in California, rejoice; the 2019 Hyundai Kona Electric will arrive at dealerships in January, at just $37,495. That brings the effective total to $29,995 for the Kona Electric, provided you have enough taxable income to receive the full the federal electric vehicle tax credit.

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2019 Hyundai Tax Credit Price 163