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Rivian (RIVN) and Hyundai see US EV registration growth in January, outpacing rivals

Baua Electric

Model 3 registrations were down 23% after losing the $7,500 EV tax credit. The new Chevy Blazer EV (which is just coming off a stop-sale ) and Silverado EV had 234 registrations combined. Kia EV9 (Source: Kia) Other automakers, including BMW, Mercedes-Benz, and Cadillac, saw EV registration growth in January. 4 fell 47%.

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Flash Drive: 2024 Kia EV9

Clean Fleet Report

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. There are other electric SUVs with a third row, but when comparing apples-to-apples, the EV9 offers the most cabin space for the lowest base price.

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.