The Truth About Cars

AUGUST 23, 2023

Mitsubishi recently announced that it would discontinue the Mirage, removing one of America’s few remaining affordable new cars. Kia is now cutting another sub-$20,000 option with its announcement of the Rio’s demise after 2023. Image: Kia] Become a& TTAC& insider. Though disappointing, the move isn’t a surprise.

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Baua Electric

MAY 29, 2024

Despite talk of an electric vehicle “slowdown,” Kia EV9 sales are surging. Kia EV9 sales are surging in its first year on the market After officially unveiling its first three-row electric SUV in March 2023, Kia kicked off EV9 deliveries in Korea last June. million) in February.

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Baua Electric

MAY 28, 2024

The new affordable VW EVs are expected to be priced around $21,800 (20,000 euros). VW still aims for affordable EVs to debut in 2027 After walking away from its partnership to develop an entry-level EV (20,000 euro) with Renault, Volkswagen is going solo. VW said last week it was still looking at its options for affordable EVs.

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Baua Electric

SEPTEMBER 9, 2024

Are you seeing more Kia electric cars on the road? Kia’s EVs, including the EV6 and new EV9, have helped push the brand to two consecutive record-breaking sales months in the US. With its new conquest cash incentive, Kia is now taking aim at Tesla drivers as it looks to win over owners. The 2024 Kia EV9 has up to 105.7

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Baua Electric

JANUARY 10, 2024

Hyundai and Kia placed second in the US EV market behind Tesla after a record sales year in 2023. Hyundai and Kia take second in US EV sales According to Kelley Blue Book estimates, a record 1.2 Meanwhile, Tesla wasn’t the only company with record EV sales last year. The EV leader captured 4.2%

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Baua Electric

SEPTEMBER 4, 2024

The Hyundai IONIQ 5 set a new August US sales record ahead of the updated 2025 model, which will arrive at dealerships this fall. Hyundai IONIQ 5 drives record US August sales “This was a record-setting August for Hyundai in total and retail sales,” Hyundai America CEO Randy Parker announced Wednesday.

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Baua Electric

JUNE 10, 2024

After a record start to 2024, Hyundai and Kia accounted for 11.2% Hyundai and Kia have been on a roll with some of the most affordable, fuel-efficient electric cars in the US. Hyundai has six of the top ten most fuel-efficient EVs on the market (by trim) in 2024, while Kia’s EV6 also made the list. of the US market.

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Baua Electric

SEPTEMBER 11, 2024

Kia confirmed plans to launch new AWD and GT variants for its electric EV3 SUV. The EV3 is the first of Kia’s new low-cost EV lineup as it looks to challenge industry leaders. It’s been almost a year since Kia first took the sheets off the EV3 during its first annual EV Day last October.

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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 was second in EV sales last year thanks to its Hyundai and KIA brands. The post Hyundai Metaplant America to boost its EV sales in the US appeared first on TESLARATI.

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Baua Electric

JULY 2, 2024

The Hyundai IONIQ 5 and IONIQ 6 both set new Q2 sales records as demand for long-range EVs at an affordable price continues to climb in the US. Hyundai IONIQ 5 tops Q2 sales record in the US After setting a new May sales record , Hyundai’s electric SUV continued its hot streak last month.

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Baua Electric

AUGUST 19, 2024

Hyundai Motor Group, including Kia and Genesis, is taking the US EV market by storm this year. Hyundai, Kia, and Genesis take second in US EV market Through the first seven months of 2024, Hyundai, Kia, and Genesis accounted for 10% of the US EV market. It even topped Kia’s Niro EV sales.

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Baua Electric

SEPTEMBER 6, 2024

With more options than ever, driving an electric vehicle has never been more affordable. According to Kelley Blue Book , EVs accounted for 8% of total new vehicle sales in Q2, up from 7.1% According to Kelley Blue Book , EVs accounted for 8% of total new vehicle sales in Q2, up from 7.1% in the first three months of 2024.

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Baua Electric

SEPTEMBER 13, 2024

With more options than ever, driving an electric vehicle has never been more affordable. According to Kelley Blue Book , EVs accounted for 8% of total new vehicle sales in Q2, up from 7.1% According to Kelley Blue Book , EVs accounted for 8% of total new vehicle sales in Q2, up from 7.1% in the first three months of 2024.

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Clean Fleet Report

JUNE 15, 2021

In 2019, the sales of electric vehicles totaled 1.1 This figure represents a 46 peercent increase compared to sales made in 2018. One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., Electric Vehicles are Affordable.

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EV Adoption

JUNE 21, 2022

But assuming you can get your hands on one, roughly two-dozen BEVs and PHEVs available for sale in the US this summer have a base manufacturer’s suggested retail price (MSRP) of less than $45,000. Now of course it is important to point out several things: The base MSRP does not include delivery fees or taxes. Cost Competitive?

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Baua Electric

JULY 25, 2024

EVs are still the future The sudden revival of plug-in hybrids is predicted to peak at 10% of the market Sales of PHEVs is predicted to call as battery prices drop and EVs become less expensive Plug-in hybrids are experiencing a sales resurgence , but they’re unlikely to surpass EVs in the long term, predicts Bloomberg New Energy Finance.

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Baua Electric

JUNE 17, 2024

Hyundai Motor, including Kia, is the second-biggest EV brand in the US. Hyundai’s top-selling IONIQ 5 set a new monthly sales record in May, with 4,449 units sold. Hyundai’s IONIQ EV brand sales are up 42% YOY as of May. Hyundai’s IONIQ EV brand sales are up 42% YOY as of May.

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Baua Electric

JANUARY 25, 2024

With this, Hyundai’s global EV sales reached 268,785 in 2023. Hyundai attributed the growth to higher sales of its dedicated IONIQ EVs. The company saw solid sales growth across key markets, including North America, Europe, and India. Hyundai aims to be a top three EV maker by 2030 with 18 new models and two million in sales.

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Baua Electric

JANUARY 12, 2024

It’s essentially like receiving the full EV tax credit with a new purchase. The cash offer could bring the IONIQ 6’s MSRP of $38,615 down to just over $30,000 ($31,115) as one of the most affordable EVs on the market. Like the IONIQ 6, Tesla’s Model 3 is no longer eligible for the IRA tax credit.

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Baua Electric

MAY 23, 2024

Despite talk of an “EV slowdown,” sales of electric vehicles are still growing. in March as several automakers, including Hyundai and Ford, saw electric car sales surge. With new affordable models like the Volvo EX30 and Chevy Equinox EV, some see the momentum picking up in 2024. EV registrations grew another 3.8%

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Baua Electric

JULY 29, 2024

According to GM, the electric SUV is attracting new customers to the brand, with 40% of Blazer EV buyers coming from Jeep, Ford, Hyundai/Kia, etc. Brazil is not only one of the biggest car markets in terms of sales but also ranks among the top ten vehicle manufacturers. With the tax credit, prices could fall to as low as $42,695.

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The Truth About Cars

FEBRUARY 1, 2024

Others likewise said that it should be the market driving EV sales, not pressure from the government.& About half of all dealerships also said they never bothered to register with the IRS to more easily facilitate EV tax credit exchanges. Some of that is undoubtedly the result of the media landscape trying to draw in eyes.

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Clean Fleet Report

JUNE 4, 2022

The intention is to make the company’s two electric car offerings more attractive to consumers, especially those that are looking for an affordable alternative to a gasoline-powered car. At this price point the Bolt will be able to be positioned against other small EVs—such as the Kia Niro and Nissan Leaf, rather than its brand siblings.

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Get Electric Vehicle

SEPTEMBER 6, 2022

The expiration of tax benefits offered to the manufacturer played a significant role in the price drop as well. Consumer Reports pointed out that General Motors lost these EV tax benefits. Due to the expiration of the federal tax credit, Chevrolet specifically reduced the price of the 2023 Bolt and Bolt EUV.

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Baua Electric

JUNE 18, 2024

BYD SEAL (Source: BYD) BYD to launch low-cost Seal EV to rival Hyundai BYD initiated the sales processing in South Korea, which takes about two to three months to review factors like driving range on a single charge. The BYD Seal is poised to rival Hyundai’s IONIQ 6 and Tesla’s Model 3 with an affordable starting price.

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Cars That Think

DECEMBER 18, 2022

This objective is more than 20-percent greater than the enthusiastic projected sales of the June 2022 Edison Electric Institute’s analysis. California has mandated that by 2035 only sales of zero-emission (ZEV) new cars and light trucks will be allowed. As of the first half of 2022, California ZEV sales reached more than 16 percent.

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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.

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Baua Electric

MAY 12, 2024

2024 Hyundai Ioniq 6 Kia has confirmed that its compact EV3 electric SUV is production-bound and will arrive next year. In a small set of close-cropped teaser photos, Kia showed that the production EV3 preserves many of the same bold design traits and so-called Star Map lighting theme as the concept.

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