The Truth About Cars

APRIL 16, 2024

Ho Sung Song said that the car, based on the EV3 Concept, would go on sale before the end of 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.

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Setec Powerr

MAY 5, 2023

Colorado Colorado offers a state tax credit of up to $4,000 for the purchase or lease of a new electric vehicle. This credit is available for both new and used EVs and applies to both residents and businesses. Georgia Georgia offers an income tax credit of up to $2,500 for the purchase or lease of a new electric vehicle.

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Green Car Reports

FEBRUARY 9, 2016

For a couple of years, Georgia offered an example to the rest of the nation on how a seemingly unlikely state could boost electric-car sales. Last spring, opponents of the state's generous $5,000 income-tax credit for purchase of a zero-emission vehicle killed off the incentive, in effect since 1998. DON'T MISS.

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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.

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Baua Electric

JANUARY 25, 2024

With this, Hyundai’s global EV sales reached 268,785 in 2023. Hyundai attributed the growth to higher sales of its dedicated IONIQ EVs. The company saw solid sales growth across key markets, including North America, Europe, and India. Hyundai aims to be a top three EV maker by 2030 with 18 new models and two million in sales.

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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. Meanwhile, hybrids accounted for a larger portion of sales in Korea (21% vs. 14.7%), the US (10.9%

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Green Car Reports

JUNE 12, 2014

Georgia offers buyers of new electric cars a tax credit of up to $5,000--among the highest offered by any state--which is on top of the $7,500 income-tax credit offered by the Federal.'

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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 said investment plans this year include bolstering the number of mass-produced models and building its new EV and battery plant in Georgia.

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Baua Electric

MARCH 10, 2024

Which affordable EV regained its EV tax credit eligibility this week? Rivian used the moment to pause (and delay) plans for its massive Georgia plant to get the R2 to production by early 2025. With the price cut, the Blazer EV will cost $50,195, or just $42,695 to households who can take advantage of the $7,500 tax credit.

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Green Car Congress

AUGUST 26, 2013

Nissan LEAF sales in the United States are up by 335% year-over-year since the launch of the enhanced 2013 model in March. —Erik Gottfried, Nissan director of EV Sales and Marketing. Georgia has a tax credit worth up to $5,000 for zero-emissions vehicles. Top 15 LEAF market year-to-date in 2013. Earlier post.)

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Green Car Reports

JUNE 28, 2016

The continuing tepid sales of the Nissan Leaf electric car, despite a range upgrade to 107 miles, remains one of the puzzles in the plug-in car market. Sure, it's an aging model now in its sixth year with a polarizing design; it lost a huge swath of buyers in Georgia when that state canceled its electric-car tax credit; and gas is cheap.

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Green Car Congress

OCTOBER 31, 2014

A study by a team from the International Council on Clean Transportation (ICCT) shows that state electric vehicle incentives are playing a significant early role in reducing the effective cost of ownership and driving electric vehicle sales. Source: ICCT. Click to enlarge. —Jin et al. Earlier post.).

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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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Baua Electric

FEBRUARY 29, 2024

Based on Hyundai’s E-GMP platform, sales of dedicated EVs like the IONIQ 5 and IONIQ 6 continue heating up. 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.

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Green Car Congress

APRIL 19, 2010

Brian Carolin, senior vice president, sales & marketing, NNA. 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. Early interest in the Nissan LEAF has been highly encouraging.”.

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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

MARCH 7, 2024

Rivian is targeting an entry price of $45,000 for the R2, which with potential qualification for the EV tax credit, would make it less than $40,000 for many American families. With the sales of those models usurped partly by the Model Y , maybe it’s time for a new family mainstay. The R2 is 185.6 inches long, 75.0

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Baua Electric

JANUARY 22, 2024

2023 was a huge year for Kia in a lot of ways, but EV9’s development was a huge part of that narrative, even if it wasn’t a genuine contributor to its record US sales (yet). 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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Green Car Reports

DECEMBER 30, 2014

Over the last two years, the metropolitan Atlanta area has become one of the single best sales regions for the Nissan Leaf electric car. That''s due to a $5,000 Georgia state tax credit for the purchase of a battery-electric vehicle, which can be used to cut state income-tax liability over one, two, or three years.

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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 EV sales climbed 80% year-over-year (YOY) in February following aggressive price cuts last month. Ford EV sales climb in February following price cuts After EV sales slipped 11% last month in EV sales last month, Ford saw a big improvement in February with 6,368 all-electric vehicles handed over, up 80.8%

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Electric Auto Association

APRIL 26, 2021

Georgia had one of the most aggressive tax credit programs in the country back then. I signed-up for the 24-month lease program designed around the credit,” Matos Rogers said, explaining that his husband soon followed his lead with the lease of a 2014 BMW i3.

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Baua Electric

JANUARY 3, 2024

The EV9 is on sale now in all 50 states. built EV9s that will come from Kia’s assembly plant in West Point, Georgia. That leads to the final point: The EV9 is expected at that time to be eligible for at least some of the EV tax credit.

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Clean Fleet Report

JANUARY 23, 2024

The 2024 Kia EV9 went on-sale in December 2023 and is available in all 50 states. Speak with your tax advisor and dealer sales representative for clarification and details. However, beginning in the third quarter 2024, the EV9 will begin production at Kia’s plant in West Point, Georgia.

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EV Match

AUGUST 29, 2022

The IRA, which, in addition to its climate-centric provisions, includes important steps to curb healthcare costs, particularly in the form of inflated prescription drug prices, crack down on tax cheats and revitalize U.S. And what about changes to the EV tax credit? carbon sequestration (capture and storage, i.e.).

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