article thumbnail

BYD has no plans to enter the US Market amid “complications’ [Feature]

Teslarati

China’s top new energy vehicle manufacturer, BYD, has no plans to enter the United States auto market. “Complications” in the US EV Market Li explained BYD’s reasons for staying out of the United States EV market. . “Everything is complicated.

BYD 116
article thumbnail

Hyundai & Kia to pay record $100M penalty for GHG conformity violations & lose $200M+ in emission credits

Green Car Congress

Hyundai and Kia will pay a combined $100-million civil penalty, the largest in Clean Air Act history, to resolve violations concerning the testing and certification of vehicles sold in the US (“Conformity Violations”) and will spend approximately $50 million on measures to prevent any future violations. Hyundai and Kia will also forfeit 4.75

Kia 199
article thumbnail

Report: Vehicle Supplies Are Climbing Back Up

The Truth About Cars

The United States reportedly hit the 80-day mark (representing a 38 percent increase from the same time a year ago) at the very end of January. Unfortunately, most Americans likely don’t have the money to buy a new vehicle right now and anything they would buy might still be difficult to find. percent] of ATP, up from 5.5

Supplies 116
article thumbnail

BMW is Willing to Pay to Attract Customers from Other EV Brands

The Truth About Cars

Tesla might not be the most dominant EV maker in the world, but it’s on top of the market here in the United States. BMW is hoping to take some of the shine off of Tesla’s crown with a new incentive that gives buyers a $1,000 discount to buy one of its new EVs.

BMW 104
article thumbnail

What Kind of Cars Do Women Actually Want?

The Truth About Cars

On International Women’s Day, the Kia EV9 was announced as the “Supreme Winner” of the Women's Worldwide Car of the Year (WWCOTY) 2024. However, saying that this is the vehicle women most desire — let alone are willing to spend money buying — is probably a stretch. The Kia EV9 is truly a game-changer for electric vehicles.

article thumbnail

What Kind of Cars Do Women Actually Want?

The Truth About Cars

On International Women’s Day, the Kia EV9 was announced as the “Supreme Winner” of the Women's Worldwide Car of the Year (WWCOTY) 2024. However, saying that this is the vehicle women most desire — let alone are willing to spend money buying — is probably a stretch. The Kia EV9 is truly a game-changer for electric vehicles.

article thumbnail

Tesla Model 3 and Model Y Just Got Cheaper. Again

The Truth About Cars

Though it’s now cheaper to buy a new Tesla Model 3 or Model Y, some are eligible for federal tax credits, making them even more appealing. Changes in the rules have excluded vehicles from Hyundai and Kia, two major contenders for the top EV sales spot in the United States.