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Georgia Senator introduces bill that would allow Hyundai, other automakers to qualify for EV tax credit

Electrek

Georgia Senator Reverend Warnock introduced a new bill that would expand which electric vehicles qualify for a tax credit through the Inflation Reduction Act. The post Georgia Senator introduces bill that would allow Hyundai, other automakers to qualify for EV tax credit appeared first on Electrek.

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SK On cobalt-free battery nabs win at Edison Awards

Teslarati

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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Hyundai & SK On aims for 35 GWh battery facility for 300k EV production in the US

Teslarati

The South Korean companies invested $5 billion in Bartow Country, Georgia, to build the EV battery plant. Each company is taking a 50% stake in the Georgia battery facility. US battery guidance might slash IRA EV Tax credits Hyundai will use the cells to produce Hyundai, Kia, and Genesis EV models within the United States.

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LG Energy Solutions & Hyundai team up for battery plant in the United States

Teslarati

Hyundai Motor Group and LGES signed a memorandum of understanding on May 26 in Seoul, Korea, for a battery cell manufacturing facility in Bryan County, Savannah, Georgia. billion The parties agreed to produce EV batteries so Hyundai could accelerate its electrification efforts in North America. based battery plant.

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Nissan Sets US MSRP for 2011 LEAF EV at $32,780; As Low as $25,280 with Federal Tax Credit

Green Car Congress

Nissan North America, Inc. Including the $7,500 federal tax credit for which the Nissan LEAF will be fully eligible, the consumer’s after-tax net value of the vehicle will be $25,280. Charging dock and installation are eligible for a 50 percent federal tax credit up to $2,000.

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Hyundai sold nearly 269,000 electric vehicles last year as IONIQ 5 and 6 spark growth

Baua Electric

The company saw solid sales growth across key markets, including North America, Europe, and India. Hyundai said its investment plans for 2024 include increasing the number of mass-produced models and building its new EV plant in Georgia while continuing to develop future tech. billion EV and battery plant in late October.

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Hyundai to launch a new rugged off-road IONIQ 5 XRT model in the US

Baua Electric

2025 Hyundai IONIQ 5 N (Source: Hyundai) Hyundai to add rugged IONIQ 5 XRT trim Now, we are learning Hyundai is reportedly planning to launch a rugged XRT variant in North America. billion Metaplant in Georgia, which is expected to begin building vehicles later this year. It’s expected to be built at Hyundai’s new $7.6

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