The Truth About Cars

APRIL 19, 2023

Though it’s now cheaper to buy a new Tesla Model 3 or Model Y, some are eligible for federal tax credits, making them even more appealing. Some Model 3s are only eligible for half the credit because of battery materials sourcing rules, but the automaker’s domestic battery production efforts and large U.S.

Tax Credit 91

Tax Credit Tesla Tax Kia 91

Teslarati

JULY 11, 2023

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. The Kia EV6, Hyundai Ioniq 5, and Nissan Ariya are also seeing their inventories stacking up.

Tax Credit 145

Tax Credit Hummer Highlander Tesla 145

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 was second in EV sales last year thanks to its Hyundai and KIA brands. Hyundai Motor Group is investing $7.59 billion in HMGMA.

Hyundai 77

Hyundai America Sale Georgia 77

The Truth About Cars

JUNE 21, 2023

Volvo only produces 4 percent of its vehicles here, but the real shocker is that General Motors only built 54 percent of its vehicles in the United States. These numbers may shift in favor of American production in the coming years as automakers look to localize production and take advantage of federal tax credits.

Land Rover 89

Land Rover Acura Tax Credit Honda 89

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.

Hyundai 67

Hyundai Georgia North America Batteries 67

Teslarati

APRIL 29, 2023

To give some important context, currently, only six vehicles qualify for the full $7,500 EV incentive in the United States. The EV tax credit changes currently preventing most EVs from receiving incentives are “ battery sourcing” requirements.

Tesla 98

Tesla Tax F-150 Tax Credit 98

Clean Fleet Report

JUNE 15, 2021

You can now purchase an electric vehicle at a fair price due to the existing tax credits. The federal tax credit exempts allows you to deduct up to $7,500 from the vehicle’s initial cost. State and local tax credits and incentives can help reduce the price further. High Resale Values.

Tax Credit 100

Tax Credit Maintenance Affordable Tax 100

Cars That Think

APRIL 4, 2022

The Hyundai Ioniq5 and Kia EV6 that I recently tested—a pair of wildly impressive, high-design EVs—take a different approach to solving range anxiety: an 800-volt battery architecture that delivers some of the fastest charging in the EV game, and unheard of at these price levels. That Hummer can range for 530 km (329 miles), not bad for a 4.5-tonne

Volt 106

Volt Range Charging Hummer 106

The Truth About Cars

FEBRUARY 1, 2024

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. Only 8 percent of respondents said no, with 9 percent claiming they were unsure.

Dealers 104

Dealers Auto Durango Tax Credit 104

Teslarati

AUGUST 5, 2022

4 will be the third most affordable electric vehicle offering in the United States, but the German automaker will nerf performance to reach the price point. The vehicle will now have a starting price of $37,495 instead of $39,995 and, with federal tax credits, will be just under a $30,000 vehicle at the base model.

Affordable 91

Affordable Tax Credit DC Hyundai 91

Baua Electric

JANUARY 23, 2024

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.

Tax Credit 52

Tax Credit Tax PHEV 2018 52

Clean Fleet Report

MARCH 2, 2023

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.

Hyundai 90

Hyundai Alabama South Korea All-Electric 90

The Truth About Cars

OCTOBER 10, 2023

Kia has a hit on its hands with the EV6, the first in a line of unique, futuristic electric models.& & The larger EV9 is coming soon, with reservations opening next week, and Kia recently announced pricing for the upcoming electric family hauler. Image: Kia] Become a& TTAC insider.

Kia 83

Kia Tax Credit Sale Georgia 83

EV Life

NOVEMBER 18, 2023

Now, the list of automakers embracing Tesla’s NACS charge port includes industry giants such as BMW, General Motors, Honda, Hyundai, Jaguar, Kia, Lexus, Mercedes-Benz, Mini, Nissan, Volvo, Rivian, Rolls-Royce, Subaru, Toyota, and more. The good news? Want to save time and money on an EV with NACS charger access? Get started.

Charging 52

Charging Market Plug-in Connect 52

Setec Powerr

NOVEMBER 3, 2023

Kia Soul EV 64 243 26.3 Secondly, tax incentives and rebates from the government can significantly reduce the initial investment cost. For instance, the Federal Solar Investment Tax Credit (ITC) in the United States allows homeowners to deduct a percentage of the installation cost from their taxes.

Solar 52

Solar Charging Installation Maintenance 52

Teslarati

FEBRUARY 27, 2024

China’s top new energy vehicle manufacturer, BYD, has no plans to enter the United States auto market. “Complications” in the US EV Market Li explained BYD’s reasons for staying out of the United States EV market. . “Everything is complicated.

BYD 84

BYD Market United States China 84

Cars That Think

DECEMBER 18, 2022

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.

Global 131

Global China Chinese South Korea 131

EV Adoption

NOVEMBER 26, 2021

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

Tax Credit 116

Tax Credit Tax F-150 PHEV 116