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Ford’s EV price cuts boost demand as all-electric sales climb 80% in February

Baua Electric

billion site in Georgia. Once up and running, Hyundai expects EVs assembled at the facility will qualify for the $7,500 federal tax credit, including its first three-row electric SUV , the IONIQ 9. Farley said Ford developed a “super talented skunk works team to create a low-cost EV platform.”

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