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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. By producing the EV9 in Georgia, the all-electric SUV could qualify for a partial EV tax credit.

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Kia to begin EV9 production in the US by May, expects $7,500 EV tax credit eligibility by 2025

Baua Electric

Kia’s first three-row electric SUV is off to a good start. Kia expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. The EV9 is expected to qualify for the full $7,500 tax credit by early 2025. However, Kia will accelerate EV9 momentum with plans to begin US production by May.

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Hyundai says its first EV plant will open this year to gain the $7,500 tax credit

Baua Electric

According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit. billion EV megaplant in Georgia in October 2022. With a $7,500 tax credit on the line, Hyundai has pulled the timeline forward as quickly as possible.

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Rivian (RIVN) adds R1S SUV to lease program and expands to additional states

Baua Electric

Two months after first introducing its first-ever lease program for the R1T pickup, Rivian has expanded the offers to now include its other flagship EV – the R1S SUV. At the time, we reported Rivian’s plans to expand the lease program to custom-built R1Ts and, eventually, R1S SUVs. That brings the total to 16 states in all.

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Hyundai fast-tracks start of EV production in the US as it gains recognition with its own day

Baua Electric

February 26, 2024, will forever be known as Hyundai Day in the state of Georgia as the automaker gears up to begin production at its first dedicated EV and battery plant in the US later this year. Hyundai announced its fast-tracking production at its Hyundai Motor Group Metaplant America (HMGMA) in Georgia. Hyundai is investing $7.59

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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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Hyundai IONIQ 9 looks big and bold after the three-row electric SUV was spotted testing [Video]

Baua Electric

Hyundai’s first three-row electric SUV was spotted testing, revealing its large body and sleek design. Hyundai’s electric SUV was the sixth top-selling EV in the US last year with almost 34,000 models delivered. Hyundai’s electric SUV seemed more sloped and less boxy than the EV9. billion EV Metaplant in Georgia.

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