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Rivian (RIVN) reaffirms Georgia EV plant commitment as state presses for answers

Baua Electric

Rivian (RIVN) is still planning to build electric vehicles in Georgia, just not as soon as expected. After unveiling the R2 last month, a smaller and more affordable electric SUV, Rivian announced it would begin production at its Normal, IL facility rather than its new $5B GA plant.

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Georgia Senator introduces bill that would allow Hyundai, other automakers to qualify for EV tax credit

Electrek

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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Kia will beat Rivian and Tesla into affordable mass-market EVs

Baua Electric

Although Rivian and Tesla are making headlines with planned expansions into mass-market electric vehicles, Kia is set to launch two affordable EVs of its own. More affordable EVs are coming Rivian unveiled its highly anticipated R2 electric SUV Thursday. Tesla is also planning to launch next-gen EVs.

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Hyundai Metaplant America to boost its EV sales in the USĀ 

Teslarati

Hyundai Motor Group’s Metaplant America (HMGMA ) in Georgia will likely boost its electric vehicle (EV) sales in the United States. The Asian car company is also building a $5 billion EV battery cell plant with SK ON in Georgia, which is expected to employ 3,500 workers. Hyundai Motor Group is investing $7.59

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Hyundai sold nearly 269,000 electric vehicles last year as IONIQ 5 and 6 spark growth

Baua Electric

Hyundai sold 268,785 EVs in 2023 During the last three months of 2023, Hyundai sold over 57,975 electric vehicles globally. Hyundai expects to sell around 300,000 electric cars in 2024, or about 12% growth from last year. Starting at $33,000, the 2024 Kona EV is one of the most affordable electric cars on the market.

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Extinguishing the EV Battery Fire Hype

Cars That Think

Electric vehicles are no exception. On the other hand, pure electric vehicles (meaning those powered only by batteries) were involved in just 25 fires per 100,000 sold. On the other hand, pure electric vehicles (meaning those powered only by batteries) were involved in just 25 fires per 100,000 sold.

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Elon Musk says Rivianā€™s priority should be solving financials ā€˜or theyā€™re doomedā€™

Teslarati

Tesla CEO Elon Musk knows a thing or two about struggling through the toughest financial circumstances when starting an electric vehicle company. Deliveries started late last year and the truck surely did not disappoint owners, as build quality and the truck’s utility were enough to give the R1T early promise.