Teslarati

APRIL 25, 2023

The facility’s initial target is to produce 35 GWh of battery cells annually, enough to make 300,000 electric vehicles. 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 83

Hyundai Georgia North America Batteries 83

Teslarati

MAY 31, 2023

billion The parties agreed to produce EV batteries so Hyundai could accelerate its electrification efforts in North America. The battery plant would allow Hyundai electric vehicles (EV) to qualify for the Inflation Reduction Act’s (IRA) $7,500 tax credit. billion in electric vehicle production.

United States 97

United States Hyundai Georgia Energy 97

Teslarati

OCTOBER 3, 2022

Hyundai has reported record Q3 sales, mirroring its Kia sister brand. Hyundai/Kia continues to grow their sales in the US and are finding a lot of success in their electric vehicle offerings. Credit: Hyundai. However, the facility is still at least a year away from being able to produce any vehicles at all.

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Hyundai Sale Kia Tax Credit 70

Teslarati

APRIL 29, 2023

The Tesla Model 3 now qualifies for the full $7,500 EV incentive thanks to a new loophole in the tax incentive system. Perhaps most notably, this includes vehicles like the Hyundai Ioniq 5 and Kia EV6, but this same trick can be extended to the base model Tesla Model 3, which currently only qualifies for half of the $7,500 EV incentive.

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Tesla F-150 Tax Tax Credit 100

Clean Fleet Report

MARCH 2, 2023

The 3,800 team members, as Hyundai calls them, are building the all-new 2023 Genesis Electrified GV70 that joins electric models of the GV60 EV and the Electrified G80 , both of which are assembled in South Korea. Both GV70s share a platform that was specifically designed for a gasoline engine and electric motors.

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Hyundai Alabama South Korea All-Electric 89

Clean Fleet Report

FEBRUARY 3, 2024

Don’t Sleep On This Value Proposition The Nissan Leaf was the world’s best-selling electric vehicle from when it was introduced in 2011, until it was recently passed by the Tesla Model 3 and Model Y. of torque) electric motor, delivers a 45% increase compared to the standard Leaf.

Nissan 61

Nissan Tax Credit Dealers Tax 61

Clean Fleet Report

JANUARY 23, 2024

A Bona Fide Third Row in an Electric SUV Combine the Kia Telluride three-row SUV and the Kia EV6 crossover and you get the all-new, all-electric 2024 Kia EV9 three-row SUV. The 2024 Kia EV9 went on-sale in December 2023 and is available in all 50 states. 0-60 mph: 7.7 0-60 mph: 7.7

Kia 87

Kia SUV All-Electric MPH 87