The Truth About Cars

JANUARY 30, 2024

Photo credit: Volkswagen Volkswagen has recently announced that their MY23 and the upcoming MY24 models of the ID.4, 4, equipped with SK On battery components, will be eligible for the full $7,500 Federal Tax Credit. that qualifies for the full Federal Tax credit. This development makes these models of the ID.4,

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Teslarati

DECEMBER 29, 2022

EV tax credit. The Internal Revenue Service (IRS) announced the vehicles that qualify for the 2023 EV tax credit. federal tax credit includes EVs made by fourteen manufacturers. 4 AWD as SUVs. Tesla, Volkswagen, and several other EV manufacturers qualify for the new 2023 U.S. 2022-2023 Ford E-Transit.

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Teslarati

AUGUST 17, 2022

Department of Energy’s Alternative Fuels Data (DOE) published a list of electric vehicles that are immediately available for the new $7,500 EV tax credit. Under the new law, only EVs assembled in North America qualify for the credits. GMC Hummer SUV. Mercedes EQS. Nissan Leaf. Chevrolet Bolt EUV.

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Green Car Congress

SEPTEMBER 15, 2021

Volkswagen of America announced another round of fuel economy figures for the 2021 ID.4 4 electric SUV. 4 owners receive three years of unlimited charging at Electrify America DC Fast Chargers at no additional cost. 4 AWD Pro has a starting MSRP of $43,675, before a potential Federal tax credit of up to $7,500.

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Green Car Congress

MARCH 27, 2021

Jeep is partnering with Electrify America to create the Jeep 4xe Charging Network. Jeep-branded EV charging stations will be installed at or near the trailheads of Jeep Badge of Honor off-road trails over the next year, allowing owners to take full-advantage of their electrified Jeep SUV.

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EV Life

OCTOBER 7, 2023

The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.

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Baua Electric

FEBRUARY 9, 2024

According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit. The site “is advancing ever day,’” according to Oscar Kwon CEO of the Hyundai Motor Group Metaplant America (HMGMA). billion EV megaplant in Georgia in October 2022.

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Green Car Congress

SEPTEMBER 23, 2020

Volkswagen of America revealed the all-new ID.4 4 electric SUV—the brand’s first long-range EV to be sold in the US. 4 electric compact SUV is based on the modular electric drive architecture (MEB). 4 also comes with three years of fast charging with Electrify America at no additional cost. Reservations for the ID.4

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Green Car Congress

SEPTEMBER 6, 2023

Volkswagen of America revealed that the 2024 ID.4 4 electric compact SUV is getting a major upgrade for its 82 kWh battery models, including a new performance drive unit that delivers greater performance and expected improvement to EPA-estimated range, an improved infotainment display, and a new premium audio system, among other features.

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Teslarati

JULY 16, 2024

Hyundai announced the debut of an all-electric 3-row IONIQ SUV later this year. At the top of the list was the South Korean automaker’s electrified 2025 3-row IONIQ SUV. Hyundai Metaplant America to boost its EV sales in the US Besides the 3-row IONIQ EV, Hyundai included the IONIQ 5N EV in its 2025 model year lineup.

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Green Car Congress

FEBRUARY 23, 2022

Volkswagen of America announced that the 2022 ID.4 4 electric SUV offers an EPA-estimated range of 280 miles—an increase of 20 miles from the 2021 model. 4 comes with three years of unlimited 30-minute charging sessions at Electrify America DC fast chargers at no additional cost, helping to inspire range confidence.

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Green Car Congress

MAY 3, 2023

BlueCruise, which enables hands-free driving on highways, now will be available with the choice to experience the technology with a complimentary 90-day trial since all Mustang Mach-E SUVs will be built with the necessary hardware for the capability. Consumer Reports named BlueCruise its top-rated Active Driving Assistance System.

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The Truth About Cars

AUGUST 28, 2024

The automaker recently confirmed that the new SUV would be built in the United States, opening it to federal tax credit eligibility. The upcoming Ioniq 9 will be built at Hyundai’s Metaplant America in Georgia, where it’s scheduled to begin production by the end of this year. Images: Hyundai] Become a TTAC insider.

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Baua Electric

JULY 17, 2024

The new electric SUVs are based on GM’s Ultium platform. Lance Woelfer, vice president of auto sales at Honda America, told Automotive News , the GM partnership has been a success so far. Honda Prologue Elite interior (Source: Honda) With the $7,500 EV tax credit, the 2024 Honda Prologue starts as low as $39,900.

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Baua Electric

JANUARY 1, 2024

Over the last few months, Tesla has released a bunch of new statements about changes to the eligibility of its electric vehicles to the federal tax credit in 2024. We are still calling it a “tax credit”, but it is effectively a point-of-sale incentive starting today. FTC: We use income earning auto affiliate links.

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EV Life

DECEMBER 12, 2023

The so-called “crossover” is one of the most popular vehicles in America today. These combination car-and-SUVs have become immensely popular for a variety of reasons. If a vehicle qualifies as a car, the MSRP limit is $55,000 to be eligible for the tax credit. Where Are All the True SUVs?

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Blink Charging

JANUARY 19, 2024

Although the $7,500 consumer tax credit for buying an electric car is becoming more restrictive for new vehicles adhering to specific manufacturing requirements , there’s a provision enabling consumers to still enjoy the credit when leasing an EV assembled outside of North America.

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Teslarati

MAY 11, 2024

Tesla has launched its latest buying incentive for the Model Y, this time offering a special, super-low interest rate for those who purchase the SUV by the end of this month. In February, Tesla began offering promotional pricing on the Model Y with a $1,000 discount through the end of the month in North America. What are your thoughts?

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Baua Electric

JANUARY 22, 2024

The Biden administration will use a broad legal interpretation to provide tax credits to EV charging projects in a large swath of the country. The Treasury Department on Friday released additional guidance providing more specific information on what projects will qualify for the revived 30C tax credit. population.

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Baua Electric

APRIL 25, 2024

Meanwhile, Honda’s first electric SUV, the Honda Prologue, went on sale earlier this year. Lace Woelfer, VP of Honda America National Auto Sales, said the Honda Prologue hits the “sweet spot” as a sporty, stylish electric SUV. Starting at $47,400 (excluding destination), the Prologue offers up to 296 miles range.

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Baua Electric

AUGUST 19, 2024

Kia’s new EV9, its first three-row electric SUV, is a major part of its growth. In two short years, Genesis’ retail footprint has grown rapidly from one dedicated retail facility in Louisiana to 56 retail facilities nationwide,” Genesis North America COO Claudia Marquez said. Hyundai invested around $7.6 billion in funding.

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The Truth About Cars

JUNE 18, 2024

Years ago, Chevy had its “Heartbeat of America” ad campaign, which highlighted the brand’s impact on the country and its workers. federal government’s EV tax credits, half of which depend on the final build location. Note that “all-American” vehicles like full-size trucks and SUVs haven’t made the list.

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Baua Electric

FEBRUARY 27, 2024

Hyundai announced its fast-tracking production at its Hyundai Motor Group Metaplant America (HMGMA) in Georgia. Hyundai initially planned to begin production early next year, but the automaker is plowing ahead with the $7,500 federal tax credit on the line. It even tops Rivian’s $5 billion EV factory outside of Atlanta.

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EV Life

OCTOBER 21, 2023

The most significant incentive, outlined in the Inflation Reduction Act of 2022 , comes in the form of a $7,500 tax credit for eligible drivers and vehicles. As with most government incentive programs, there are a lot of rules and restrictions regarding who qualifies for the credit. However, there’s a catch.

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Electric Auto Association

SEPTEMBER 9, 2022

The Inflation Reduction Act (IRA) is a massive climate, health care, and tax bill with the overarching goal of slowing the rise in consumer prices that have been climbing at the fastest pace in approximately 40 years. This will support millions more low- and middle-income families than the original credit. history affects EV policy.

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Green Car Congress

AUGUST 8, 2022

The US Senate has passed the Inflation Reduction Act, with nearly $400 billion in funding over 10 years for climate- and energy-related programs; among the myriad provisions in the 755-page bill are changes to the electric vehicle Federal tax credit of $7,500. At that time, this order process will close.

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Baua Electric

SEPTEMBER 4, 2024

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. The electric SUV continued seeing higher demand despite the updated 2025 model launching later this fall.

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Clean Fleet Report

SEPTEMBER 11, 2024

New Charging Standard Hyundai adds NACS Beginning in Q4 2024, all Hyundai electric models will use the North American Charging Standard (NACS) that will give Hyundai owners access to more than 17,000 Tesla Superchargers in North America. tax credit at start of sale. It also now comes in the XRT trim.

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Baua Electric

JANUARY 1, 2024

The launch of the Tesla Model 3 refresh in North America might finally be close as we learn that the automaker is sneakily testing Fremont-built Model 3 HIghland in the US. But the updated vehicle has yet to make it to North America almost six months later. But there’s still no words on the new Model 3 coming to North America.

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Teslarati

FEBRUARY 8, 2024

Volkswagen is still planning to launch 25 EVs in North America by 2030, but is well aware that things could change based on demand and market changes. “When I look at the data from January, the (EV) segment continues to grow,” Pablo Di Si, Head of VW North America, told Reuters today. 7 , an electric sedan.

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Baua Electric

JUNE 17, 2024

The comments come as construction on the Hyundai Motor Group Metaplant America (HMGMA) is expected to be complete in Q4 2024. Once assembly begins, Hyundai expects EVs built at the facility to qualify for the $7,500 federal tax credit, giving the automaker even more momentum. billion in investments in the state.

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Baua Electric

JUNE 3, 2024

If you’re seeing more electric Hyundai SUVs out and about, it’s not just you. Hyundai Motor America sold a record number of IONIQ 5 models in May as EV sales continue trending higher. Although the battery unit will open about a year later, Hyundai expects the IONIQ 5 to become eligible for the $7,500 tax credit.

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Teslarati

APRIL 30, 2024

Kia looks to secure US federal tax credit for EV9 in 2025 Kia’s electric vehicle sales in the United States increased by 151% in the first quarter compared to the previous year. The South Korean brand announced its second-best first quarter in Q1 2024 and shared that EV9 sales helped with the achievement.

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Teslarati

APRIL 25, 2023

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. Meanwhile, Genesis offers an electrified GV70, an all-electric G80, and the GV60 SUV. Construction on the EV cell plant is expected to start in the second half of 2025.

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Baua Electric

FEBRUARY 1, 2024

Kia’s new three-row electric SUV is gaining momentum in the US. A big reason behind Kia’s success is the launch of its first three-row electric SUV, the EV9. Kia’s electric SUV even outsold Toyota’s sole EV, the bZ4X, in its first sales month. Kia’s electric SUV comes in five trims. long but is about the same height.

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Baua Electric

SEPTEMBER 23, 2024

Ford’s recent setbacks, including canceling its three-row electric SUV, could open the door for GM to top its US rival by the end of 2024. Hyundai will begin production at its new Metaplant America later this year, where it will build new EVs, including the updated 2025 IONIQ 5. Meanwhile, surpassing Hyundai may be another challenge.

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Teslarati

JANUARY 11, 2024

In September 2023, Fisker shared that it ramped production of the all-electric Ocean crossover SUV to 300 units per day. The company also shared its intention to expand retail operations in North America and Europe. At its Q3 2023 earnings call, Fisker admitted having trouble following through with deliveries.

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