Baua Electric

FEBRUARY 9, 2024

According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit. With a $7,500 tax credit on the line, Hyundai has pulled the timeline forward as quickly as possible. Munoz said EVs produced at the new plant will qualify for the tax credit.

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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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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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Baua Electric

JANUARY 6, 2024

Which EVs made the tax-credit shortlist in 2024? The Kia EV9 is Green Car Reports’ Best Car To Buy 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

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Teslarati

FEBRUARY 8, 2024

billion EV battery production plant in Georgia last year due to the Inflation Reduction Act’s (IRA) EV tax incentives. The battery factory and the HMGMA would increase Hyundai’s chances of meeting IRA requirements for the EV tax incentives. The South Korean brands beat Detroit-based legacy automakers Ford and General Motors.

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The Truth About Cars

MARCH 6, 2024

Legacy automakers like Ford and General Motors are in the hunt, but so far, no one has been able to topple Tesla’s top spot. Ford Mustang Mach-E and VW ID.4 While not currently eligible for federal tax credits, BMW’s EVs can be leased to receive the $7,500 discount others get. 4 owners can also take advantage of the deal.

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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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Clean Fleet Report

JULY 5, 2021

Photos by John Faulkner and Kia. The 2021 Kia Niro PHEV is one of three electrified Niro models to choose from, alongside a hybrid and a pure battery electric version. Not bad, unless I was driving the Kia Stinger , which welcomes some seriously aggressive driving. A Winning Formula. Story by John Faulkner.

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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. Kia was sixth after EV registrations more than doubled YOY. EV registrations were up 15% in the US in January. in Jan 2022. YOY( 2,956).

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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 Ford Mustang Mach-E is a bit of an outlier since it qualifies for the federal tax credit, but it still has a surplus of inventory anyway.

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CleanTechnica EVs

AUGUST 4, 2021

Higher company-car tax which came into effect in July put a dampener on plugin sales, further amplified by the hangover from the pull-forward in June. Sweden saw plugin electric vehicles achieve a market share of 37.6% in July 2021, up almost a third from July 2020. Overall auto sales were down some 43% from long […].

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Baua Electric

MARCH 4, 2024

Including Kia and Genesis, Hyundai topped American automakers Ford and GM’s Chevy for second behind only Tesla. Despite rivals like Ford and GM pulling back on EV initiatives, Hyundai is doubling down. After opening pre-orders in October, Kia’s EV9 collected reservations in all 50 states less than two months later.

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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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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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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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Baua Electric

FEBRUARY 2, 2024

Ford E-Transit (Source: Ford) Electrek’s Take Coming off a record EV sales year , Hyundai looks to maintain its momentum in 2024. Hyundai Motor (including Kia) topped Ford and GM in EV sales last year despite not qualifying for the EV tax credit (only through leasing).

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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

FEBRUARY 28, 2024

Hyundai Motor Group was second in EV sales last year thanks to its Hyundai and KIA brands. The South Korean car manufacturer came in second to Tesla and beat top automakers like Ford and General Motors in the United States. billion in individual earnings per year. Hyundai allegedly rushing construction on $7.6B

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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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Green Car Congress

JANUARY 12, 2023

Plus, with the new tax credits on the way, electric vehicle ATPs will drop lower for qualifying vehicles. The best-selling vehicle in the US is the Ford F-Series pickup truck, and the average price paid for a new F-Series is well into luxury territory at $66,451, according to Kelley Blue Book estimates. —Rebecca Rydzewski.

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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 25, 2024

Hyundai accelerated construction to take advantage of government incentives like the $7,500 tax credit. Despite its vehicles not qualifying for the tax credit (only through leasing), Hyundai Motor (including sister company Kia) surged past Ford and GM for second in US electric vehicle sales in 2023 behind Tesla.

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EV Adoption

JUNE 21, 2022

Nine of these EVs have a base MSRP of less than $35,000 and another nine would have a net effective price below $30,000 when factoring in the applicable federal EV tax credit. And buyers in some states may qualify for further incentives including rebates or no sales tax, along with some utilities also providing rebates.

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Baua Electric

FEBRUARY 8, 2024

Kia, Hyundai’s sister company, revealed plans to launch two electric trucks. In the US, Hyundai Motor (including Kia) surged past Ford and GM to become the second top-selling EV brand behind Tesla. And that’s without its electric models qualifying for the federal tax credit (only through leasing).

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Baua Electric

APRIL 25, 2024

The automaker believes electric models, like the IONIQ 5 and IONIQ 6, will qualify for the federal EV tax credit, which should help boost demand. Electrek’s Take The news comes as several automakers, like Ford, GM, and even sister company Kia, announced similar plans to introduce more hybrids to their lineups.

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Baua Electric

JANUARY 17, 2024

Hyundai Motor Group (including Kia) overtook Ford and GM to take second in US EV sales last year, behind only Tesla. Hyundai and Kia accounted for around 8% of passenger EVs handed over in the US in 2023 with around 117,000 models handed over.

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Baua Electric

JANUARY 16, 2024

Hyundai and sibling brand Kia combined now rank second in EV sales after Tesla, meaning the two Korean brands are ahead of other established automakers like Ford and General Motors. The Ioniq 6 does not qualify for the $7,500 federal EV tax credit, but neither do the two Model 3 Highland variants released so far.

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Teslarati

SEPTEMBER 8, 2022

The Hyundai/Kia counterparts, the Hyundai Kona/Ioniq 5, and the Kia Nio/EV6 are substantially more expensive and don’t currently apply for federal tax credits. Ford has yet to introduce a budget offering, their closest offering being the Ford Mustang Mach-E.

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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. Hyundai/Kia has requested a postponement to allow them to build their first U.S.-based based EV manufacturing facility.

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Baua Electric

APRIL 25, 2024

A page from SunRun which appears to have been updated since the original launch, now says the system costs $8,900 to $9,400 to install including the Ford ChargeStation Pro, which may be a redundant piece. As of yet, the list of other EVs that can power the home is a short one.

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Teslarati

APRIL 28, 2022

Under Tesla’s 2.99% APR, a vehicle in the $50,000 range would have $4,700 in interest before factoring in taxes, fees, and any state plug-in rebates. The Kia EV lists a financing rate of 4.99%, while Ford’s 72-month interest rates for its highly popular Mustang Mach-E could go as high as 5.9%

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Green Car Reports

JANUARY 19, 2018

Today, we've got an interesting mix of stories, from a debate over how many electric cars California needs to the source of funds for an engine promised to deliver 37 mpg in a full-size Ford F-150 pickup. Also, your Tesla primer (it's not what you may think) and the Chevy Bolt EV after a year. All this and more on Green Car Reports.

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Teslarati

DECEMBER 1, 2021

Approximately 5,975 people voted for the Model Y out of the poll’s 30,637 respondents, beating the Kia EV 6, which only garnered 9.99% of votes. Now politicians are thinking of stripping EVs from exemptions and introducing taxes for electric vehicles. The Model Y received 20% of the votes in the competition in Norway. .

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Green Car Congress

JANUARY 28, 2022

Among owners who cite incentives as a key purchase driver, 79% received a federal tax credit/rebate, but only 59% of that group say it was very easy to receive. Kia Niro EV ranks highest in the mass market BEV segment for a second consecutive year with a score of 744. Ford Mustang Mach-E (741) ranks second.

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EV Central

OCTOBER 27, 2023

BYD ute BYD ute patent shows what the EV ute will look like BYD is the biggest threat to Tesla globally and it’s also shaping up to give the Toyota Hilux and Ford Ranger something to worry about with a new ute. Kia Tasman An artist’s render of Kia’s ute. There will also be an EV version in 2026.

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