Design International South Korea Tax Credit 
Baua Electric
MARCH 4, 2024
Hyundai is expected to debut the IONIQ 9 at the Busan International Motor Show (BIMOS) in South South Korea on June 27, 2024. Compared to the Kia EV9, Hyundai’s three-row electric SUV appears a bit wider up front but less boxy in design. billion Metaplant to qualify for the $7,500 federal tax credit.
Clean Fleet Report
MARCH 2, 2023
The 3,800 team members, as Hyundai calls them, are building the all-new 2023 Genesis Electrified GV70 that joins electric models of the GV60 EV and the Electrified G80 , both of which are assembled in South Korea. Both GV70s share a platform that was specifically designed for a gasoline engine and electric motors.
The Truth About Cars
MAY 18, 2023
Commuters care as much about the inside as they do a car’s back-road chops, and the Ioniq5’s interior is a mix of weird and familiar, attractive design and functional utility. Obviously subjective, I know, but I can’t quite get my head around the angular design that looks like it belongs in some sci-fi movie set in the distant future.
Cars That Think
MARCH 12, 2023
Sophisticated chassis and battery design gives new life to “lesser” chemistries—especially lithium iron phosphate that’s the hottest thing in batteries around the world—that would otherwise be uncompetitive and obsolete. This grand design, naturally, would demand an attendant burst of charger development.
Baua Electric
MAY 3, 2024
In a coordinated push through federal agencies, the Biden administration on Friday released a revised set of regulations applying to the EV tax credit that will ultimately make the credit easier to claim for a wider range of vehicles in 2025 and 2026 but no easier for Chinese companies to gain a foothold on the market.
Green Car Congress
MAY 26, 2015
Sonata Plug-in Hybrid will be built at the Asan, South Korea plant and will go on sale in select markets later this Fall. Sonata Plug-in Hybrid buyers will be eligible for a $2,500 fixed federal tax credit and a variable federal tax credit based on battery capacity that will also be over $2,000.
Cars That Think
OCTOBER 25, 2022
It would be the biggest change in the history of a program that has, in part, failed to live up to its designers’ ambitious dreams. That plan, however, has proven contentious due to an asterisk: A $7500-per-vehicle credit would only apply to cars where most battery material and components come from North America. says Nunes.
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