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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. Currently, production of the EV9 is in South Korea, but Kia is looking to start manufacturing the all-electric SUV at its West Point, Georgia plant.

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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 expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. Kia America’s head of corporate communications, James Bell, told Nikkei that moving EV9 production to its West Point, GA plant will enable it to qualify for a part of the EV tax credit. FTC: We use income earning auto affiliate links.

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VW says ‘most’ 2023, 2024 ID.4s will get full $7,500 EV tax credit

Baua Electric

4s will qualify for the full US EV tax credit in 2024 – here’s the lowdown on eligibility. 4s with US-manufactured SK On battery components placed in service in 2024 will be eligible for the full $7,500 federal tax credit. ad* FTC: We use income earning auto affiliate links. VW 2023 and 2024 ID.4s

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Rivian cuts prices on its base R1T and R1S ahead of R2 launch

Teslarati

After Rivian added two new range options for the R1T and R1S last week, the electric truck and SUV maker has also cut prices on some of its lineup. Rivian has cut $3,100 off of its entry-level R1T and R1S units on its online configurators , just as it has debuted new range options costing the same amount.

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Blazer EV price cut, Dodge electric muscle, Rivian R2 and R3: The Week in Reverse

Baua Electric

Which affordable EV regained its EV tax credit eligibility this week? Rivian on Thursday provided the most significant future-product preview since the debut of its R1 series trucks at the 2018 LA auto show. Rivian used the moment to pause (and delay) plans for its massive Georgia plant to get the R2 to production by early 2025.

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2024 Hyundai Ioniq 6 undercuts Tesla Model 3 by more than $9,000

Baua Electric

The Ioniq 6 does not qualify for the $7,500 federal EV tax credit, but neither do the two Model 3 Highland variants released so far. Although the base model achieves just 240 miles of range, the SE RWD Long Range gets a 361-mile range—better than any Model 3 variant.

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Hyundai sold nearly 269,000 electric vehicles last year as IONIQ 5 and 6 spark growth

Baua Electric

Meanwhile, Hyundai said it expects the global auto market to continue growing in the future as the shift to electric heats up. Hyundai said its investment plans for 2024 include increasing the number of mass-produced models and building its new EV plant in Georgia while continuing to develop future tech.

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