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More affordable Rivian R2 electric trucks delayed to 2026

Green Car Reports

Rivian confirmed this week that it has delayed the arrival of its smaller, more affordable R2 model line to 2026, versus the 2025 it had earlier indicated. Rivian has said that it hopes to start production as soon as 2024 at the $5 billion Georgia plant, which will be set to make 400,000 vehicles annually.

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Kia Plans to Release Smaller, More Affordable EV3 By the End of 2024

The Truth About Cars

In fact, Kia’s CEO said the company was pushing forward with plans to release an affordable electric car called the EV3. It's important to note that Kia hasn’t confirmed the EV3 for American buyers, but it’s hard to imagine that an affordable electric model wouldn’t at least cover its costs here, even without federal tax credits.

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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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Rivian Gets Final Approval For $5 Billion EV Plant In Georgia

InsideEVs

The American company’s second factory will build more affordable EVs based on the R2 platform.

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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. One of them, the Kia EV3, is expected to launch by the end of the year.

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Georgia Advocates Ask Legislature To Keep Electric-Car Tax Benefit

Green Car Reports

Today, Georgia is among the best places in the country to buy an electric vehicle. Its electric-vehicle tax credit of $5,000 is among the highest offered by any state, and makes buying a battery-electric vehicle much more affordable.

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Hyundai Metaplant America to boost its EV sales in the US 

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 billion in HMGMA.

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