Teslarati

MARCH 28, 2024

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.

Tax Credit 53

Tax Credit Kia Tax Georgia 53

Baua Electric

MAY 3, 2023

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. Watson stated.

Tax Credit 52

Tax Credit Kia Tax South Korea 52

Teslarati

MAY 31, 2023

LG Energy Solutions (LGES) and Hyundai teamed up to build a battery cell manufacturing plant in the United States. The battery plant would allow Hyundai electric vehicles (EV) to qualify for the Inflation Reduction Act’s (IRA) $7,500 tax credit. manufacturing facilities producing Hyundai, Kia, and Genesis EV models.

United States 98

United States Hyundai Georgia Energy 98

Teslarati

JULY 11, 2023

A survey from Cox Automotive estimates that electric vehicle sales in the US auto market could surpass 1 million units for the first time in 2023. Beyond Tesla, however, it appears that the picture is much different in the United States. Electric cars currently account for about 6.5% That’s up from 38% in 2021.

Tax Credit 145

Tax Credit Hummer Highlander Tesla 145

The Truth About Cars

FEBRUARY 1, 2024

A recent survey, conducted by Automotive News , has indicated that automotive dealerships are still broadly dissatisfied with the Biden administration’s strategy to force the United States to pivot toward all-electric vehicles. Only 8 percent of respondents said no, with 9 percent claiming they were unsure.

Dealers 103

Dealers Auto Durango Tax Credit 103

Baua Electric

JANUARY 23, 2024

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.

Tax Credit 52

Tax Credit Tax PHEV 2018 52

Clean Fleet Report

MARCH 2, 2023

Is an EV Genesis, the luxury division of Hyundai Motor Group, began this past week producing its first model in the United States at the sprawling HMG factory in Montgomery, Alabama. Genesis showed a pre-production 2023 Electrified GV70 at the 2022 Los Angeles Auto Show. The Electrified GV70 comes in two trim levels.

Hyundai 89

Hyundai Alabama South Korea All-Electric 89