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Hyundai will launch an electric Santa Fe and new EV pickup for the US, but there’s a catch

Baua Electric

Hyundai’s flagship SUV is going electric. Hyundai Santa Fe is finally going electric but as an EREV The Santa Fe is Hyundai’s second-best-selling SUV in the US. On Tuesday, industry sources revealed (via KED Global ) Hyundai is developing a next-gen powertrain for extended-range electric vehicles (EREVs).

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These are the EVs that still qualify for the $7,500 tax credit in 2024

Teslarati

Tesla is one of many automakers that saw some of its vehicles excluded at the turn of the new year, and only a handful remain across the industry. The tax credit also has MSRP limits, maxing out at $80,000 for vans, SUVS and pickups, and at $55,000 for other EVs. New rules for the U.S.

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Ford Mustang Mach-E price cuts are proving affordable EVs are in demand

Baua Electric

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. In February, sales of the electric SUV surged 64% year over year. EV volume was up 20% last year, but it was mainly driven by the F-150 Lightning.

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Ford cuts Mustang Mach-E prices by as much as $5,900, countering Tesla

Teslarati

Tesla’s aggressive price cut at the beginning of this month has caused massive waves within the automotive industry and the car market, as competitors and car sellers alike are forced to battle with the aggressive new pricing.

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Behind the Wheel, Under the Hood of Rivian's R1T

Cars That Think

The Rivian can tow 11,000 pounds, on virtual par with the maximum 11,300 pounds of the beefiest Ford F-150 pickup, America’s best-selling vehicle for 39 straight years. An optional 180-kilowatt-hour battery (for $10,000) extends range past 400 miles. On top of all that, the Rivian charms with pure ingenuity.

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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

These additional requirements are meant to encourage the auto industry to rely less on foreign countries like China and more on domestic sources for these components, promoting local manufacturing and supply chain security. Each year, the percentages for these components go up, making it harder for vehicles to remain eligible.

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How to Get a Plug-In Hybrid

Tony Karrer Delicious EVdriven

Conversions are mostly for the Prius, with a few for the Ford Escape/Mercury Mariner hybrid SUVs. At these prices, people are buying the "environmental feature" -- they want to be among the first owners of the worlds cleanest extended-range vehicles. They are early adopters, buying "Version 1.0"

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