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. With a $7,500 tax credit on the line, Hyundai has pulled the timeline forward as quickly as possible. Munoz said EVs produced at the new plant will qualify for the tax credit.

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Baua Electric

JANUARY 10, 2024

Hyundai and Kia placed second in the US EV market behind Tesla after a record sales year in 2023. Hyundai and Kia take second in US EV sales According to Kelley Blue Book estimates, a record 1.2 Tesla remained on top (by far) with 55% of the share. Meanwhile, Tesla wasn’t the only company with record EV sales last year.

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Baua Electric

MARCH 6, 2024

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Chinese automakers like BYD are already stealing market share, but Kia is in talks over a new EV plant in Thailand that could help position itself as an early leader. Meanwhile, Kia has bigger (or, smaller and more affordable) plans.

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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. Such a trend, however, seems to be largely pushed by Tesla and the popularity of the Model 3 sedan and Model Y crossover. Electric cars currently account for about 6.5%

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CleanTechnica EVs

AUGUST 4, 2021

Higher company-car tax which came into effect in July put a dampener on plugin sales, further amplified by the hangover from the pull-forward in June. Overall auto sales were down some 43% from long […]. Sweden saw plugin electric vehicles achieve a market share of 37.6% in July 2021, up almost a third from July 2020.

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Baua Electric

JANUARY 22, 2024

Three months after opening US orders for the long-anticipated three-row EV9 SUV, the folks at Kia invited media out to wine country to test drive it for the first time. 2023 was a huge year for Kia in a lot of ways, but EV9’s development was a huge part of that narrative, even if it wasn’t a genuine contributor to its record US sales (yet).

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Baua Electric

JANUARY 12, 2024

With a new special cash offer, the 2024 Hyundai IONIQ 6 can be significantly cheaper to buy than the upgraded Tesla Model 3 Highand. It’s essentially like receiving the full EV tax credit with a new purchase. In comparison, the new Tesla Model 3 Highland starts at $40,380 (including destination). 361 $43,656 SEL RWD 77.4

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Baua Electric

JANUARY 16, 2024

New incentives can make the 2024 Hyundai Ioniq 6 much cheaper than the newly updated Tesla Model 3, according to CarsDirect. Updates include refreshed styling, more convenience features, and what Tesla claims is a quieter cabin. and starts at $40,380 including destination.

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Baua Electric

MARCH 15, 2024

Tesla still leads the pack Electric vehicles accounted for 7.8% Model 3 registrations were down 23% after losing the $7,500 EV tax credit. Tesla also launched an updated model. Tesla’s best-selling Model Y had 11,739 registrations in January, up 35% YOY. Kia was sixth after EV registrations more than doubled YOY.

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Baua Electric

MARCH 4, 2024

Including Kia and Genesis, Hyundai topped American automakers Ford and GM’s Chevy for second behind only Tesla. Although Hyundai’s first three-row electric SUV debuted as the SEVEN concept at the 2021 LA Auto Show, reports suggest it will now go by the IONIQ 9. billion Metaplant to qualify for the $7,500 federal tax credit.

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Teslarati

MAY 31, 2023

Tesla supplier LGES to quadruple investment in Arizona battery plant to $5.5 The battery plant would allow Hyundai electric vehicles (EV) to qualify for the Inflation Reduction Act’s (IRA) $7,500 tax credit. Hyundai Motor Group is focusing on its electrification efforts to secure a leadership position in the global auto industry.

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Baua Electric

JULY 12, 2023

Chevrolet used to be Tesla’s closest EV competitor emblem, with 6.5 % of the EV marketplace, Experian information confirmed. All of Tesla’s fashions won sizable reductions foundation in January. Along with the associated fee cuts, the Type Y and Type 3 regained eligibility for federal EV tax incentives on Jan.

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Baua Electric

JANUARY 17, 2024

Apple CarPlay and Wireless Android Auto support comes standard. Hyundai Motor Group (including Kia) overtook Ford and GM to take second in US EV sales last year, behind only Tesla. Hyundai and Kia accounted for around 8% of passenger EVs handed over in the US in 2023 with around 117,000 models handed over. wide, and 62.2″

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Baua Electric

APRIL 25, 2024

GM last week announced details regarding its vehicle-to-home (V2H) system, set to launch with the Chevrolet Silverado EV RST , that will help EV owners back up their home without the help of a storage battery like a Tesla Powerwall or a backup generator. Tesla is also offering a Powershare feature with the Cybertruck —permitting 11.5

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Baua Electric

FEBRUARY 8, 2024

Kia, Hyundai’s sister company, revealed plans to launch two electric trucks. In the US, Hyundai Motor (including Kia) surged past Ford and GM to become the second top-selling EV brand behind Tesla. And that’s without its electric models qualifying for the federal tax credit (only through leasing).

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Baua Electric

JANUARY 25, 2024

Meanwhile, Hyundai said it expects the global auto market to continue growing in the future as the shift to electric heats up. Hyundai accelerated construction to take advantage of government incentives like the $7,500 tax credit. That undercuts the new Tesla Model 3 by $9,300. FTC: We use income earning auto affiliate links.

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Baua Electric

APRIL 25, 2024

Hyundai’s total auto sales fell 1.5% The automaker believes electric models, like the IONIQ 5 and IONIQ 6, will qualify for the federal EV tax credit, which should help boost demand. FTC: We use income earning auto affiliate links. Hyundai Q1 2024 sales by region (Source: Hyundai) Overall, EVs accounted for 4.5% (vs 6.5%

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Electric Auto Association

APRIL 4, 2022

Hawaii chapter member reviews his new Kia EV6 By Lorn Douglas, Member of Big Island Electric Vehicle Association. I am not a newbie; this is my fifth electric vehicle (EV), including a Nissan LEAF, Tesla Model S, Kia Soul, and Kia Niro. This is the first Kia that was designed as electric only. EV6 range indicator.

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Baua Electric

JANUARY 11, 2024

That growth should be unaffected by stricter federal tax-credit rules that will exclude more EVs this year, analysts say, but they acknowledge that the upcoming Presidential election will be a wildcard for U.S. 4 Tesla, Hyundai, and Kia appear to be the most likely to exploit a growing U.S. Sales could reach 2.1

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Baua Electric

FEBRUARY 25, 2024

Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai) There’s a loophole in the stricter IRA federal tax credit that only applies $3750 rebates on North American-built cars and separately $3750 on domestic batteries. For whatever reason, all EVs get the full $7500 applied to leases, however.

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Teslarati

JANUARY 13, 2022

General Motors brought a $1 billion investment to a manufacturing facility in Maharashtra, the city where Tesla has been rumored to land with a potential factory of its own. Kia invested $1.1 A Tesla Model 3 testing in India (Credit: pune_exotics | Instagram). A Tesla Model 3 testing in India (Credit: pune_exotics | Instagram).

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Baua Electric

FEBRUARY 29, 2024

Including Kia, Hyundai topped Ford (69,163) and GM’s Chevy (63,659) in US electric vehicle registrations in 2023 with over 80,000. Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai) Hyundai is “pulling ahead” to gain access to the $7,500 federal EV tax credit.

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Baua Electric

JUNE 7, 2023

You’ll to find those tales and extra in as of late’s automotive information, proper right here at Motor Authority. 2025 Volvo EX30 hits 60 mph in 3.4 seconds, begins at $34,950 Aston Martin Bulldog comes out of its shut eye to crash 205.4

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Baua Electric

MARCH 15, 2024

A scheme that was known in the industry circle as a Tesla policy – in all fairness – a very well-balanced one, that may put India on the global EV manufacturing map yet again. The likes of Hyundai, Kia, Toyota, Stellantis, and Volkswagen, all have EVs on their radar, which are being planned to be shipped to global markets.

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Baua Electric

JANUARY 4, 2024

Ford remained the second top-selling EV brand in the US, behind only Tesla, after selling nearly 26,000 EVs in Q4. The growth was enough to remain the second top-selling EV brand behind Tesla. With Kia and the Kona EV included, Hyundai Motor Group likely topped Ford in EV sales last year. million guidance for 2023.

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Electric Auto Association

FEBRUARY 7, 2023

“I want to demonstrate to real people—real working people who struggle from week to week—that ‘EV’ does not equal ‘Tesla.’” I assumed I was facing mandatory market adjustments,” she said, explaining that she had recently paid $4000 in “mandatory add-ons” in the form of a required premium security system when she purchased a new KIA EV6.

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Teslarati

JANUARY 3, 2023

Hyundai has announced that it aims to grow auto sales by 10% this year alone. Foremost, without EV manufacturing operations in the United States, none of the company’s EVs are currently eligible for federal EV tax incentives, a significant discount for many buyers. A growth of 10% in sales would equate to roughly 7.54

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EV Adoption

JANUARY 22, 2022

I’m estimating 28,000 as an executive with a leading auto analyst firm confirmed to me privately that their registration estimates for 2021 put the RAV4 Prime and Wrangler 4xe as a toss up. Auto Industry Analyst. I can’t tell you our exact number but if they beat RAV it was very narrow. Flip a coin.

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Baua Electric

JUNE 22, 2023

One of the contemporary darlings of the EV marketplace, together with Kia and Rivian Car, are off to a gradual get started this 12 months because of provide chain problems, softening call for and the lack of the federal EV tax incentive as a result of harder eligibility regulations.

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EV Life

JULY 21, 2023

The Chevy Blazer EV is expected to compete with similar vehicles, such as the Ford Mustang Mach-E , Kia EV6 , Hyundai Ioniq 5 , Volkswagen ID.4 4 , and the Tesla Model Y. It will be available in rear- and all-wheel-drive, and Kia says its all-wheel drive and rear-wheel-drive Long Range models will have an estimated range of 300 miles.

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Clean Fleet Report

MAY 2, 2024

Tam went on to say: “over the past decade, we have been tracking our customers, many of which have moved over to Tesla, so this speaks loudly they are ready for this transition.” inch horizontal color touchscreen display that houses the 18-speaker Bang & Olufsen premium audio system with wireless Android Auto and Apple CarPlay.

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EV Life

NOVEMBER 18, 2023

Tesla’s North American Charging Standard (NACS) charging network, considered to be the best charging infrastructure in the world, is joining forces with other major automakers, allowing them to adopt this revolutionary technology and make it available to their customers. Not anymore. What Makes the NACS So Great?

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Clean Fleet Report

JANUARY 23, 2024

A Bona Fide Third Row in an Electric SUV Combine the Kia Telluride three-row SUV and the Kia EV6 crossover and you get the all-new, all-electric 2024 Kia EV9 three-row SUV. The 2024 Kia EV9 went on-sale in December 2023 and is available in all 50 states. of torque 0-60 mph: 5.7 of torque 0-60 mph: 5.0

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EV Central

OCTOBER 27, 2023

Tesla Cybertruck Tesla Cybertruck The top of the pile when it comes to attention, the Cybertruck just about broke the internet when Tesla design chief Franz von Holzhausen broke two of its windows during the global unveil late in 2019. Kia Tasman An artist’s render of Kia’s ute.

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Clean Fleet Report

JUNE 20, 2022

When the all-electric Kia Niro was introduced in 2019 it followed the 2017 Niro hybrid and then the 2018 Niro plug-in hybrid electric vehicle (PHEV). Clean Fleet Report has been impressed with all three versions, as well as Kia’s eco-friendly philosophy that this year saw the debut of the all-new, all-electric EV6. Smooth Operator.

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Clean Fleet Report

FEBRUARY 3, 2024

Don’t Sleep On This Value Proposition The Nissan Leaf was the world’s best-selling electric vehicle from when it was introduced in 2011, until it was recently passed by the Tesla Model 3 and Model Y. Contact your tax advisor before considering a Leaf purchase so you are completely clear on the tax credits and rebates.

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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.

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