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Hyundai will begin construction on its first EV plant October 25 as it targets US tax credit

Electrek

billion electric vehicle factory in Bryan County, Georgia, on October 25. After several months of lobbying with US officials over EV tax credit changes in the recently passed climate law, the South Korean motor group is officially starting construction on its EV manufacturing plant.

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Kia looks to secure US federal tax credit for EV9 in 2025

Teslarati

It appears that South Korean automaker Kia is taking some steps to ensure that its EV9 all-electric SUV will qualify for the full $7,500 federal tax credit in the United States next year. Currently, production of the EV9 is in South Korea, but Kia is looking to start manufacturing the all-electric SUV at its West Point, Georgia plant.

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FREYR Battery to site US gigafactory in Georgia; initial investment $1.7B, growing to $2.6B through 2029

Green Car Congress

FREYR Battery announced the selection and purchase of a site in Coweta County, Georgia for its planned Giga America battery plant. Upon completion of all the contemplated construction phases, the Giga America complex is expected to be one of the largest battery cell manufacturing developments globally. billion through 2029.

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VW says ‘most’ 2023, 2024 ID.4s will get full $7,500 EV tax credit

Baua Electric

4s will qualify for the full US EV tax credit in 2024 – here’s the lowdown on eligibility. 4s with US-manufactured SK On battery components placed in service in 2024 will be eligible for the full $7,500 federal tax credit. 4s will get full $7,500 EV tax credit appeared first on Bauaelectric Auto News.

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SK On cobalt-free battery nabs win at Edison Awards

Teslarati

Last week, South Korean battery manufacturer SK On won the Bronze prize for its cobalt-free battery in the Smart Transportation category at the 2024 Edison Awards. In 2023, the South Korean battery manufacturer won the Bronze prize for its NCM9 battery. 4 is among the few electric vehicles eligible for full IRA tax credits.

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Urbix and SK On in joint development agreement for high-performance anode materials

Green Car Congress

US-based graphite processor Urbix ( earlier post ) announced a Joint Development Agreement with global EV battery developer and manufacturer SK On (SKO). In the US, SKO has two battery manufacturing plants in Commerce, Georgia, with the second plant scheduled to be operational in 2023.

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The first entirely US-made crystalline solar panels are coming to market

Baua Electric

Photo: Heliene All US-made solar panels featured only imported solar cells until now, but two US manufacturers just struck a three-year, $400 million deal. Suniva says the catalyst for the pairing was solar project owners and developers wanting their projects to qualify for the 10% Domestic Content Bonus Investment Tax Credit.

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