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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’s first three-row electric SUV is off to a good start. 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.

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Hyundai & SK On aims for 35 GWh battery facility for 300k EV production in the US

Teslarati

Hyundai and SK On recently released more information on its battery cell production facility in the United States. The South Korean companies invested $5 billion in Bartow Country, Georgia, to build the EV battery plant. Each company is taking a 50% stake in the Georgia battery facility.

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Hyundai says its first EV plant will open this year to gain the $7,500 tax credit

Baua Electric

The first Hyundai plant dedicated to building EVs and batteries in the US will be open as soon as this October. According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit. billion EV megaplant in Georgia in October 2022.

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Rivian R2 bows: $45,000, over 300 miles, the future of the SUV?

Baua Electric

The Rivian R2 is two years away, but with the debut of an R2S in prototype form Thursday, it’s clear this electric SUV will arrive with a proposition unlike any EV yet: A boxy silhouette, rugged off-road chops, a range easily topping 300 miles, and a target price effectively below today’s average new-vehicle price, regardless of the fuel.

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Hyundai fast-tracks start of EV production in the US as it gains recognition with its own day

Baua Electric

February 26, 2024, will forever be known as Hyundai Day in the state of Georgia as the automaker gears up to begin production at its first dedicated EV and battery plant in the US later this year. Hyundai announced its fast-tracking production at its Hyundai Motor Group Metaplant America (HMGMA) in Georgia.

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Hyundai spotted testing Lucid Air and ZEEKR X hints a luxury EV is in the works

Baua Electric

According to Kelley Blue Book data, Hyundai’s IONIQ 5 electric SUV was the sixth best-selling EV in the US last year, with nearly 34,000 registrations. The automaker is opening its first EV and battery plant in the US ahead of schedule this year. kWh battery for the flagship luxury EV, which would be among the highest on the market.

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