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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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The first entirely US-made crystalline solar panels are coming to market

Baua Electric

Canada-headquartered Heliene , which makes solar panels in Minnesota, will incorporate Georgia-based Suniva’s US-made monocrystalline silicon solar cells into its panels, and those “Made in the USA” panels will hit the market in mid-2024, thanks to a new three-year strategic sourcing contract between the two companies. Get started here. –ad*

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Hyundai is launching an electric van as its first export model based on its new EV platform

Baua Electric

Ford E-Transit (Source: Ford) Electrek’s Take Coming off a record EV sales year , Hyundai looks to maintain its momentum in 2024. Hyundai said investment plans this year include bolstering the number of mass-produced models and building its new EV and battery plant in Georgia. FTC: We use income earning auto affiliate links.

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

Baua Electric

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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Hyundai to add hybrids at EV-only plant as rising demand throws a curveball

Baua Electric

Hyundai will add hybrid production lines at its dedicated EV plant in Georgia as demand rises. After hybrids accounted for a larger share of sales in the first quarter , Hyundai plans to add hybrid production at the facility. Meanwhile, hybrids accounted for a larger portion of sales in Korea (21% vs. 14.7%), the US (10.9%

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ICCT study finds state EV incentives playing a significant role in driving sales

Green Car Congress

A study by a team from the International Council on Clean Transportation (ICCT) shows that state electric vehicle incentives are playing a significant early role in reducing the effective cost of ownership and driving electric vehicle sales. Source: ICCT. Click to enlarge. —Jin et al. Earlier post.).

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

Baua Electric

Hyundai and sibling brand Kia combined now rank second in EV sales after Tesla, meaning the two Korean brands are ahead of other established automakers like Ford and General Motors. 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.

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