Baua Electric

FEBRUARY 9, 2024

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. Kona EV also is doing really well.”

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Tax Credit Hyundai Tax Kia 52

Teslarati

APRIL 25, 2023

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. The facility’s initial target is to produce 35 GWh of battery cells annually, enough to make 300,000 electric vehicles.

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Hyundai Georgia North America Batteries 95

Baua Electric

JANUARY 25, 2024

Hyundai sold 268,785 EVs in 2023 During the last three months of 2023, Hyundai sold over 57,975 electric vehicles globally. Hyundai expects to sell around 300,000 electric cars in 2024, or about 12% growth from last year. Hyundai accelerated construction to take advantage of government incentives like the $7,500 tax credit.

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Hyundai Electric Vehicles Tax Credit Vehicles 52

Baua Electric

FEBRUARY 27, 2024

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. Hyundai is investing $7.59

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Hyundai Tax Credit Georgia Production 52

Teslarati

MAY 31, 2023

LG Energy Solutions (LGES) and Hyundai teamed up to build a battery cell manufacturing plant in the United States. Hyundai Motor Group and LGES signed a memorandum of understanding on May 26 in Seoul, Korea, for a battery cell manufacturing facility in Bryan County, Savannah, Georgia. billion in electric vehicle production.

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United States Hyundai Georgia Energy 98

Blink Charging

OCTOBER 6, 2023

As a result, regulations and guidelines related to electric vehicles are changing frequently, and consumers and charging station hosts must be aware of new developments. As both EV adoption increases and internal combustion engine vehicles have become more fuel efficient, states are seeking to offset lost revenue from the gas tax.

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Tax Charging Virginia Gas-Electric 52

Teslarati

FEBRUARY 12, 2024

The base model Rivian R1T and R1S now start at $71,700 and $76,700, respectively, including shipping but before a $3,750 federal tax credit—though buyers can also access the full $7,500 if leasing. “Like every electric vehicle producer with a U.S. “Like every electric vehicle producer with a U.S.

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Price Tax Credit Georgia Auto Industry 121

Baua Electric

FEBRUARY 2, 2024

Hyundai announced a new deal with Iveco Group to supply an all-electric van based on its global eLCV platform. The Iveco-badged electric van will be Hyundai’s first export to use its new EV platform. The partners then unveiled the IVECO eDAILY Fuel Cell Electric Vehicle that September at IAA Transportation.

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Hyundai South Korea Tax Credit Commercial 97

Green Car Congress

OCTOBER 31, 2014

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. Click to enlarge. Source: ICCT. Click to enlarge. —Jin et al.

Sale 374

Sale PHEV District of Columbia North Dakota 374

Green Car Congress

JULY 21, 2016

The collaboration, forged by the White House in partnership with DOE and the Department of Transportation (DOT), the US Air Force and US Army, and the Environmental Protection Agency, is centered on a set of Guiding Principles to Promote Electric Vehicles and Charging Infrastructure. Electric vehicle coalition.

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Obama Charging Financing DC 150

Cars That Think

NOVEMBER 20, 2023

government was going to try a whole bunch of different government interventions—incentive programs, tax credits, grants, infrastructure investments—to bend the trajectory of our energy transition. The best we can do is to build tools that allow us to explore possible futures.” There’s just so much that is contingent and unknowable.

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Clean Cleaning Energy Emissions 99

Baua Electric

MAY 4, 2024

Yesterday in a review of the Acura ZDX Green Car Reports looked at whether the first fully electric vehicle from this Honda luxury brand keeps it on-brand—even with GM bones. 2025 Lexus UX 300h Hyundai last week confirmed that its Metaplant in Georgia, once due to be a dedicated EV plant, will also get U.S.

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Acura Jeep Plug-in Hybrid 52

The Truth About Cars

MAY 8, 2024

Hyundai Motor reportedly plans on using preexisting investments slated for its new EV facility in Georgia to pivot toward hybrid vehicles, as all-electric models haven’t seen the kind of adoption rates that would warrant an entire factory — let alone the plant that will become its largest outside of South Korea.

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North America Hyundai Building South Korea 87

Cars That Think

FEBRUARY 4, 2023

However, high energy prices may make it economically unfeasible to build plants in Europe, according to Volkswagen brand chief executive Thomas Schafer. The Biden Administration, however, has sought to exploit the EU’s high energy costs by actively enticing European automakers to build their plants in the U.S.,

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Climate Change Climate Future Energy 98

EV Match

AUGUST 29, 2022

The recently passed Inflation Reduction Act (IRA) is arguably the most significant piece of climate legislation the United States has ever seen, including significant investments in clean energy and consumer incentives to accelerate electric vehicle (EV) adoption. Impacts on the electric vehicle ecosystem.

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Electric Vehicles Tax Credit Industrial Industry 52