article thumbnail

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. As noted in a Nikkei Asia report, Kia is poised to start the production of the EV9 in the United States by May 2024.

52
article thumbnail

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. However, Kia will accelerate EV9 momentum with plans to begin US production by May. Kia expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. Starting under $55,000, Kia calls its electric family move an “industry wake-up call.”

article thumbnail

DOE loan for GM Ultium EVs, IRS on EV tax credit, Niro EV recall: Today’s Car News

Green Car Reports

The IRS starts detailing what it needs for the revamped EV tax credit. Some Kia Niro EV models have been recalled. We look at what didn’t make the finals for Best Car To Buy. This and more, here at Green Car Reports. And the DOE backs the batteries for GM’s EV plan. billion.

article thumbnail

Kia EV9 wins, Fisker franchises, Tesla tops BYD, leather in EVs: The Week in Reverse

Green Car Reports

Which EVs made the tax-credit shortlist in 2024? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending January 5, 2024. The Kia EV9 is Green Car Reports’ Best Car To Buy 2024. Which company faced a $1.7 billion fine for diesel emissions cheating?

Kia 153
article thumbnail

Kia will push EV leasing to harvest tax credit score boon

Baua Electric

Kia The united states will incline aggressively into an Inflation Relief Office provision that permits it to go ailing a $7,500 federal incentive to electrical automobile shoppers who choose to hire as opposed to purchase, in line with Eric Watson, the automaker’s gross sales leading. Kia is retooling its plant in West Level, Ga.,

article thumbnail

Kia EV6 GT, Audi Activesphere concept, Hyundai US EV production: Today’s Car News

Green Car Reports

The EV tax credit revamp might have some companies reexamining U.S. And Kia reveals performance and spec details for the quickest EV6. This and more, here at Green Car Reports. Kia has announced U.S.-market production plans. Audi teases a rugged crossover EV concept. Rated at 576 hp, the 2023.

Kia 148
article thumbnail

Toyota’s tax credit advantage over competitors like Tesla disappears

Teslarati

As recently corroborated by the veteran Japanese carmaker, it has already crossed the 200,000-unit cap for the United States’ $7,500 tax credit for hybrid and all-electric vehicles. In a way, the bZ4X is a vehicle that seems to reflect Toyota’s reservations about all-electric cars as a whole.