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Kia to Rely on Lease Loophole to Make Its EVs Eligible for Tax Credit

The Truth About Cars

Though their electric vehicle lines are among the most compelling new zero-emissions models, Kia and Hyundai’s EVs don’t currently qualify for federal tax credits because of where they’re built. Image: Kia] Become a& TTAC insider. Both are working toward bringing EV production to the U.S.,

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Hyundai and Kia surge past Ford, GM to take second in US EV sales in 2023

Baua Electric

Hyundai and Kia placed second in the US EV market behind Tesla after a record sales year in 2023. Hyundai and Kia take second in US EV sales According to Kelley Blue Book estimates, a record 1.2 Hyundai capped off a record year with nearly 47,000 IONIQ 5 and IONIQ 6 EVs sold, while Kia sold almost 19,000 EV6 electric crossovers.

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Tesla Model 3 Europe’s best-selling pure EV in February in its first full month on the market

Green Car Congress

This was largely because February marked a month of uncertainty for many of the bigger European markets, such as Spain, where registrations fell by 10% amongst political turmoil, and the Netherlands, where a change in tax on pure electric vehicles contributed to the 15% drop in overall registrations.

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France January 2021

EV Sales

But January wasn't only about the newly formed Stellantis, as Hyundai-Kia also had reasons to smile about, with the #5 Kia Niro EV scoring a record 748 registrations, becoming last month Best Selling Foreigner, while the Hyundai Kona EV registered 475 units, ending the month in #7.

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Hyundai Motor to enter hybrid vehicle segment in India in 3 years | Autocar Professional

Baua Electric

Hyundai Motor India is likely to bring in the hybrid powertrain alternatives in its mid-size SUVs in the future. To be sure, Kia has already committed to bringing in hybrid vehicles in India, but Hyundai was earlier non-committal about bringing in that technology with investment being prioritised for pure battery electric vehicles.

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Flash Drive: 2024 Kia EV9

Clean Fleet Report

A Bona Fide Third Row in an Electric SUV Combine the Kia Telluride three-row SUV and the Kia EV6 crossover and you get the all-new, all-electric 2024 Kia EV9 three-row SUV. The 2024 Kia EV9 went on-sale in December 2023 and is available in all 50 states. of torque 0-60 mph: 5.7 of torque 0-60 mph: 5.0

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Mahindra & Mahindra’s double play: Sustaining ICE, accelerating EVs | Autocar Professional

Baua Electric

Of the Rs 27,000 crore plus that M&M plans to invest in its automotive business in the next three years, Rs 14,000 crore will be kept for the ICE vertical – primarily for bringing out new and refreshed SUV models. Out of the nine SUVs, six will be all-new products and three will be mid-cycle enhancements.

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