Baua Electric

JANUARY 17, 2024

The all-electric Hyundai Kona EV is getting the sporty N Line treatment. Hyundai unveiled the new Kona Electric N Line with stylish design upgrades. Hyundai Motor Europe’s best-selling EV is getting even more attractive. The Kona Electric is Hyundai Europe’s first EV to get the sporty N Line treatment. wide, and 62.2″

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Baua Electric

FEBRUARY 27, 2024

February 26, 2024, will forever be known as Hyundai Day in the state of Georgia as the automaker gears up to begin production at its first dedicated EV and battery plant in the US later this year. Hyundai announced its fast-tracking production at its Hyundai Motor Group Metaplant America (HMGMA) in Georgia.

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Teslarati

APRIL 22, 2024

Ford battery supplier SK On remains bullish on EVs despite past challenges SK On is working hard to expand its business, especially in North America. In April 2023, SK On and Hyundai announced a $5 billion investment in Bartow County, Georgia, for a battery production facility. In January 2024, Volkswagen ID.4

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Baua Electric

APRIL 25, 2024

Following similar announcements from rivals, Hyundai is adding more hybrids to its lineup as a bridge to its next-gen EVs. Hyundai will add hybrid production lines at its dedicated EV plant in Georgia as demand rises. Hyundai Q1 2024 sales by region (Source: Hyundai) Overall, EVs accounted for 4.5% (vs 6.5% vs. 15.9%).

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Baua Electric

JANUARY 25, 2024

Hyundai sold 268,785 EVs last year as demand for the IONIQ 5 and IONIQ 6 picked up. Hyundai sold 268,785 EVs in 2023 During the last three months of 2023, Hyundai sold over 57,975 electric vehicles globally. With this, Hyundai’s global EV sales reached 268,785 in 2023. billion EV and battery plant in late October.

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Baua Electric

MARCH 15, 2024

Although Ford and GM’s EV registrations slipped, Rivian (RIVN) and Hyundai saw some of the biggest growth. Model 3 registrations were down 23% after losing the $7,500 EV tax credit. Rivian and Hyundai were among the leaders in EV registration growth. Rivian and Hyundai were among the leaders in EV registration growth.

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Teslarati

NOVEMBER 25, 2022

Hyundai is reportedly considering building a battery production facility with partner SK Innovation in Georgia, this being its third facility in the State. Hyundai has been in an all-out blitz to establish electric vehicle manufacturing capabilities in the United States. EV tax incentives have added urgency to their plans.

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Teslarati

AUGUST 16, 2022

President Joe Biden will sign the Inflation Reduction Act today, and the act will cut EV tax incentives with it. The act makes loans and tax breaks available to manufacturers to switch production to electric vehicles. Top-of-the-line Ford F-150 Lightnings will also no longer be eligible.

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Teslarati

JANUARY 3, 2023

Hyundai has announced that it aims to grow auto sales by 10% this year alone. Over the past two decades, Hyundai Motor Group has become a sizable competitor in the automotive industry. It is now a leader in affordable offerings and electric vehicles, along with the likes of Ford. Hyundai has good reason to be optimistic.

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Baua Electric

JANUARY 16, 2024

New incentives can make the 2024 Hyundai Ioniq 6 much cheaper than the newly updated Tesla Model 3, according to CarsDirect. But for those purchasing rather than leasing, the rebate drops the Hyundai’s base price from $38,615 to $31,115. Hyundai already gave the Ioniq 6 a $4,100 price cut for 2024 , versus 2023.

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Baua Electric

FEBRUARY 8, 2024

Is the Hyundai IONIQ T10 the electric truck we’ve been waiting for? A new trademark filing for an IONIQ T10 suggests Hyundai could be aiming for Ford’s F-150 Lightning. Is Hyundai launching an electric IONIQ T10 pickup truck? In June, Hyundai unveiled its new EV platform. We can help you get started today.

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Baua Electric

MARCH 14, 2024

Hyundai and Kia will recall around 170,000 EVs in Korea, the largest since they launched. The recall is over a software issue impacting Hyundai’s IONIQ, Genesis, and Kia EVs. Hyundai and Kia recall 170,000 electric vehicles The South Korean Ministry of Land, Infrastructure, and Transport announced the recall on Thursday.

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Baua Electric

MARCH 4, 2024

The first three-row electric SUV from Hyundai will be named the IONIQ 9. Hyundai plans to change the name of the electric SUV from IONIQ 7 to IONIQ 9 as it looks to build off Kia’s success with the EV9. According to S&P Global registration data, Hyundai was the fourth best-selling EV brand in the US last year, with 4.5%

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Baua Electric

FEBRUARY 29, 2024

Is Hyundai developing a luxury electric sedan? Hyundai was recently spotted testing a Lucid Air electric sedan in South Korea, suggesting a high-end Hyundai EV could be in the works. Hyundai was the fourth best-selling EV brand last year. A report from Korea’s ET News claims Hyundai is developing a massive 113.2

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Teslarati

OCTOBER 3, 2022

Hyundai has reported record Q3 sales, mirroring its Kia sister brand. Hyundai/Kia continues to grow their sales in the US and are finding a lot of success in their electric vehicle offerings. Both brands will compete with Ford for second place in EV sales in the US, still far from the market leader, Tesla. Credit: Hyundai.

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Baua Electric

JANUARY 3, 2024

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. GM to give $7,500 incentive for non-qualifying EVs Two weeks ago, GM said the new Chevy Blazer EV and Cadillac Lyriq would lose eligibility for the US EV tax credit at the beginning of 2024. 4, Ford Mustang Mach-E, and Nissan LEAF.

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Baua Electric

JANUARY 20, 2024

The 2024 Hyundai Elantra Hybrid gets a price hike—and more of a price bump versus non-hybrid Elantra models, although the Elantra Hybrid does now get the larger 10.3-inch The 2024 Hyundai Elantra Hybrid gets a price hike—and more of a price bump versus non-hybrid Elantra models, although the Elantra Hybrid does now get the larger 10.3-inch

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The Truth About Cars

SEPTEMBER 22, 2023

Hyundai is offering customers willing to buy an all-electric vehicle a Level 2 home charger for no extra cost. While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America. or from a free-trade agreement partner.

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Teslarati

APRIL 5, 2024

Hyundai’s US EV sales jumped 62% year-over-year. Kia looks to secure US federal tax credit for EV9 in 2025 “Since the brand relaunch in 2021, Kia has undergone various changes across the business, including the establishment of a groundbreaking EV lineup and presenting a customer-centered mobility future.

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Green Car Reports

JANUARY 26, 2022

The 2022 Kia EV6 starts at $42,115 in base form, which makes it slightly more than the Hyundai Ioniq 5 and Volkswagen ID.4 4 but less than the entry price of a Ford Mustang Mach-E. If buyers are eligible for the $7,500 EV tax.

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Teslarati

JULY 11, 2023

The Kia EV6, Hyundai Ioniq 5, and Nissan Ariya are also seeing their inventories stacking up. Even the Ford Mustang Mach-E, which is popular and well-loved, now has a 117-day supply. The Hummer EV SUV, for one, is too expensive to qualify for the IRA incentives, and the Hyundai Ioniq 5 is an imported unit.

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EV Life

JUNE 29, 2023

The bill puts forth several measures aimed at advancing decarbonization in the state, including tax credits for industrial facilities to implement emission-reducing improvements, new spending for geothermal energy projects and geothermal electricity generation, the construction of sustainable aviation fuel production facilities, and more.

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CleanTechnica EVs

JUNE 4, 2021

As we reported recently, there’s a big cleantech bill moving through the US Congress that would revive, extend, and expand the zero-emission vehicle tax credit in various ways.

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Baua Electric

JANUARY 4, 2024

Ford remained the second top-selling EV brand in the US, behind only Tesla, after selling nearly 26,000 EVs in Q4. Ford sold a record 25,937 electric vehicles in the last three months of 2023, up 24% over the third quarter. After electric truck sales soared nearly 75% in Q4, Ford’s F-150 Lighting was the best-selling electric truck.

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Teslarati

JUNE 20, 2023

Rivian became the third major automaker to adopt Tesla’s NACS connector, following Ford and General Motors, both of which announced partnerships with Tesla earlier this month. Tesla to open 12,000 Superchargers to Ford across U.S. So far, it is up over 128 percent this year.

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The Truth About Cars

APRIL 19, 2023

Though it’s now cheaper to buy a new Tesla Model 3 or Model Y, some are eligible for federal tax credits, making them even more appealing. Some Tesla rivals’ vehicles qualify for tax credits, but many do not. Some Tesla rivals’ vehicles qualify for tax credits, but many do not. Image: Tesla] Become a& TTAC insider.

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The Truth About Cars

SEPTEMBER 14, 2023

Interestingly, Ford, Hyundai, and Kia all saw slower growth earlier this year, and Ford trailed Chevy for new EV registrations by almost 6,000 units.& & Analysts credit Tesla’s price cuts as driving its success and have noted the automaker’s regaining access to federal tax credits as another significant sales driver.

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Teslarati

OCTOBER 23, 2023

Earlier this year, the state’s legislature also proposed and passed an EV tax , making EV owners pay extra fees to help fund road maintenance. The funding is set to replace revenue lost from EV owners not paying road maintenance taxes normally charged at the gas pump. You can view the full list here.

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Teslarati

APRIL 29, 2023

The Tesla Model 3 now qualifies for the full $7,500 EV incentive thanks to a new loophole in the tax incentive system. This includes some trims of Tesla Model 3 and Model Y , Chevy Bolt/Bolt EUV, Ford F-150 Lightning, Cadillac Lyriq, and Volkswagen ID.4.

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The Truth About Cars

MAY 18, 2023

The 2022 Hyundai Ioniq5 is difficult to categorize. Yes, you can save money by not buying gas, and yes the Ioniq5 appears to be still eligible for the $7,500 federal tax credit if it’s leased (it’s not eligible if you buy since it’s assembled in South Korea). What’s New for 2022 The 2022 Hyundai Ioniq5 is all new.

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Baua Electric

APRIL 28, 2024

SK On, which supplies to Ford Motor Co, Volkswagen and Hyundai Motor among others, widened its operating loss to 332 billion won in the first quarter from 18.6 Inflation Reduction Act,” said Kang Dong-jin, an analyst at Hyundai Motor Securities. billion won in the previous quarter due to fewer EV battery shipments.

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Baua Electric

JANUARY 6, 2024

Which EVs made the tax-credit shortlist in 2024? 2024 Rivian R1S A preliminary list of 2024 EVs qualifying for the tax credit was released early this week by the EPA, and as expected there are very few models qualified for the full $7,500 amount. Which company faced a $1.7 billion fine for diesel emissions cheating?

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The Truth About Cars

OCTOBER 13, 2023

Hyundai and Genesis will also join the Supercharger network around the same time. Ford was the first automaker to jump onto the Tesla Supercharger train, and many others have signed on since. It’s worth noting that some Supercharger locations are already taxed with long wait times, especially in crowded urban areas.

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Electric Auto Association

JULY 2, 2022

Extreme EVs, Hyundai, GM, Ferrari, and more. Hyundai Ioniq 6. Hyundai An eye toward the future The Hyundai Ioniq 6 makes its debut. EV Policy CEOs answer call CEOs from several automakers including Ford and GM are urging Congress to lift the EV tax credit cap. Chevrolet Bolt. GM Retroactive refund!

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Baua Electric

JULY 12, 2023

Ford used to be 3rd with 22,425 registrations for its Mustang Mach-E, F-150 Lightning and E-Transit van. Along with the associated fee cuts, the Type Y and Type 3 regained eligibility for federal EV tax incentives on Jan. Each qualify for the $7,500 federal tax credit score.

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Teslarati

NOVEMBER 4, 2022

However, the global backlash regarding EV tax incentives has been fierce. The act makes any EV that isn’t assembled in North America ineligible for tax incentives of up to $7,500. Hence, an EV produced by Hyundai in South Korea or BMW in Germany, for instance, would not be given an incentive.

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The Truth About Cars

JUNE 21, 2023

Ford is the next closest with 77.5 These numbers may shift in favor of American production in the coming years as automakers look to localize production and take advantage of federal tax credits. Cars.com recently released its list of the most American-made car brands, and the name topping the list may surprise you.

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