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Kia looks to secure US federal tax credit for EV9 in 2025

Teslarati

It appears that South Korean automaker Kia is taking some steps to ensure that its EV9 all-electric SUV will qualify for the full $7,500 federal tax credit in the United States next year. As noted in a Nikkei Asia report, Kia is poised to start the production of the EV9 in the United States by May 2024.

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Kia to begin EV9 production in the US by May, expects $7,500 EV tax credit eligibility by 2025

Baua Electric

Kia’s first three-row electric SUV is off to a good start. However, Kia will accelerate EV9 momentum with plans to begin US production by May. Kia expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. Starting under $55,000, Kia calls its electric family move an “industry wake-up call.”

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Kia will push EV leasing to harvest tax credit score boon

Baua Electric

Kia The united states will incline aggressively into an Inflation Relief Office provision that permits it to go ailing a $7,500 federal incentive to electrical automobile shoppers who choose to hire as opposed to purchase, in line with Eric Watson, the automaker’s gross sales leading. Kia is retooling its plant in West Level, Ga.,

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Hyundai and Kia are closing the gap with Tesla as US EV market share hits double-digits

Baua Electric

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. in 2020, 3.4% in 2021, 10.6%

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Kia EV plans, NJ $1,000 EV fee, Stellantis’ EV skepticism: Today’s Car News

Baua Electric

Kia keeps to its EV goals. Kia on Friday detailed plans for its shift toward EVs and electrified powertrains through the decade, and it hasn’t budged in its target of 1.6 million Kia EV sales annually by 2030. million Kia EV sales annually by 2030. New Jersey is asking for EV buyers to pay $1,000.

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Hyundai and Kia recall 170,000 EVs in Korea over software glitch, is the US next?

Baua Electric

Hyundai and Kia will recall around 170,000 EVs in Korea, the largest since they launched. The recall is over a software issue impacting Hyundai’s IONIQ, Genesis, and Kia EVs. Hyundai and Kia recall 170,000 electric vehicles The South Korean Ministry of Land, Infrastructure, and Transport announced the recall on Thursday.

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Exide Industries Q4 Results: Firm beats profit view on higher demand – ET Auto

Baua Electric

Exide’s standalone profit after tax rose 36.6% Indian battery-maker Exide Industries beat fourth-quarter profit expectations on Tuesday, helped by higher demand in its automotive and industrial products segments. Exide’s standalone profit after tax rose 36.6% from a year ago to 2.84 bn rupees as per LSEG data.