Green Car Congress

JANUARY 19, 2023

For Urbix, the agreement accelerates its plans to establish a commercial US anode production facility that will produce 28,500 tons of anode products per annum by 2025. 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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Teslarati

APRIL 25, 2023

Hyundai and SK On recently released more information on its battery cell production facility in the United States. 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.

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Teslarati

FEBRUARY 28, 2024

Hyundai Motor Group’s Metaplant America (HMGMA ) in Georgia will likely boost its electric vehicle (EV) sales in the United States. The Asian car company is also building a $5 billion EV battery cell plant with SK ON in Georgia, which is expected to employ 3,500 workers. Hyundai Motor Group is investing $7.59 billion in HMGMA.

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Teslarati

MAY 31, 2023

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. The battery plant would allow Hyundai electric vehicles (EV) to qualify for the Inflation Reduction Act’s (IRA) $7,500 tax credit. based battery plant.

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The Truth About Cars

APRIL 16, 2024

It's important to note that Kia hasn’t confirmed the EV3 for American buyers, but it’s hard to imagine that an affordable electric model wouldn’t at least cover its costs here, even without federal tax credits. That, and the brand needs an entry-level model to push buyers higher in the lineup over time.

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Baua Electric

MARCH 10, 2024

Which affordable EV regained its EV tax credit eligibility this week? Rivian on Thursday provided the most significant future-product preview since the debut of its R1 series trucks at the 2018 LA auto show. Rivian used the moment to pause (and delay) plans for its massive Georgia plant to get the R2 to production by early 2025.

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Teslarati

FEBRUARY 12, 2024

The base model Rivian R1T and R1S now start at $71,700 and $76,700, respectively, including shipping but before a $3,750 federal tax credit—though buyers can also access the full $7,500 if leasing. Rivian exceeds 2023 production guidance but misses delivery expectations What are your thoughts?

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Baua Electric

APRIL 25, 2024

Hyundai will add hybrid production lines at its dedicated EV plant in Georgia as demand rises. After hybrids accounted for a larger share of sales in the first quarter , Hyundai plans to add hybrid production at the facility. “It Hyundai is expected to begin production at its GA plant in Q4. vs. 9%), the US (5.5%

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Baua Electric

JANUARY 16, 2024

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. Hyundai has also stepped up the start of production at its Georgia EV Metaplant to fall 2024 , an earlier target than the 2025 timeline originally discussed.

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Green Car Congress

SEPTEMBER 26, 2013

Credit: ACS, Lee et al. Researchers at Georgia Tech have compared medium-duty (MD) electric and diesel urban delivery trucks in terms of life-cycle energy consumption, greenhouse gas (GHG) emissions, and total cost of ownership (TCO). They excluded other factors such as insurance, purchase incentives, tax credits, or penalties.

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Baua Electric

MARCH 12, 2024

Hyundai IONIQ 9 (SEVEN) electric SUV concept (Source: Hyundai) IONIQ 9 production is expected to begin in the first of the year, with US sales kicking off in mid-2025. 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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Baua Electric

MARCH 11, 2024

Kia EV9 (Source: Kia) Hyundai is expected to begin IONIQ 9 production in the first half of the year with US sales to follow in mid-2025. billion EV Metaplant in Georgia. Hyundai expects models produced at the plant will qualify for the $7,500 EV tax credit, making it even more competitive in its largest market.

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Baua Electric

FEBRUARY 29, 2024

After being rewarded for its contributions to the state of Georgia with its own “Hyundai Day,” the company said it expects to begin production in Q4 , ahead of its initial early 2025 timeline. It’s also expected to introduce its first three-row electric SUV, the IONIQ 7 , in June at the Busan Motor Show.

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Teslarati

JUNE 24, 2022

” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits. battery production.” Ford confirmed to CarsDirect that its communication was legitimate. ” I’d love to hear from you! If you have any comments, concerns, or questions, please email me at christine@teslarati.com.

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Teslarati

OCTOBER 3, 2022

Currently, customers looking to get a Federal EV tax credit cannot redeem it on a Hyundai vehicle because it is not assembled in the US. The company is working hard to establish its first US-based EV production facility in Georgia. The brand’s biggest challenge for EV growth is its lack of incentive compliance.

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Blink Charging

NOVEMBER 2, 2023

The remarkable decrease in cost can be chiefly ascribed to progress in battery technologies and chemistries, alongside a substantial rise in production quantities as the world moves to meet the growing demand of a renewable energy-based market. In 2008, the cost per kilowatt-hour (kWh) was $1,355, but by 2022, it had dropped to $153 per kWh.

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Charged EVs

AUGUST 1, 2023

However, bringing mining and processing raw materials closer to the sites of vehicle production is necessary both for reasons of sustainability and national security. Produced” refers to the percentage of value added during production. By 2027, the critical material requirement will increase to 80%. Graphite comes in two flavors.

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Baua Electric

JANUARY 22, 2024

Nevertheless, we at Electrek (myself included) were pleasantly surprised at how similar the production-intent EV9 stayed to its conceptual design. Add federal tax credits to the equation when EV9 production begins in Georgia later this year, and that only sweetens the deal.

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Blink Charging

DECEMBER 15, 2023

Opting for an electric vehicle and leveraging the EV tax credit to help with your next electric vehicle purchase is a smart move. One such incentive is the Clean Vehicle Credit , a key component of the Biden administration’s Inflation Reduction Act. View IRS instructions for claiming credit.

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The Truth About Cars

OCTOBER 10, 2023

The EV9 will go on sale later in 2023, and Kia will start manufacturing the SUV domestically in 2024 at its plant in Georgia. While it hasn’t been eligible for federal EV tax credits yet, moving production to the United States will give Kia the final North American assembly it needs to qualify its vehicles.

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Baua Electric

MARCH 4, 2024

Ford’s CFO John Lawler told investors in October that the company has “taken out some Mustang Mah-E production,” citing market demand. The growth comes after Ford announced it was cutting Lightning production in January. Ford said the move was to “achieve the optimal balance of production, sales growth and profitability.”

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Cars That Think

NOVEMBER 20, 2023

government was going to try a whole bunch of different government interventions—incentive programs, tax credits, grants, infrastructure investments—to bend the trajectory of our energy transition. And there are states like Georgia where public interveners don’t have any right to discovery. And Oregon is pretty transparent.

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Baua Electric

MAY 4, 2024

Which automaker is adding hybrid production at its U.S. 2025 Lexus UX 300h Hyundai last week confirmed that its Metaplant in Georgia, once due to be a dedicated EV plant, will also get U.S. production of more hybrid models , as part of an effort to expand the range of hybrid trims of its gasoline vehicles. dedicated EV plant?

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Clean Fleet Report

JANUARY 23, 2024

Light RWD $56,395 Light Long Range RWD $60,695 Wind AWD $65,395 Land AWD $71,395 GT-Line AWD $75,395 The first 2024 EV9 models are being built in South Korea and do not qualify for the federal $7,500 tax credit and individual state programs, unless you lease, which mean you will.

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EV Match

AUGUST 29, 2022

on a path to reducing emissions more than 40% below 2005 levels, per a Princeton University analysis of the measure’s impacts : expanded tax credits for EVs, batteries, solar panels and wind turbines. And what about changes to the EV tax credit? carbon sequestration (capture and storage, i.e.).

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