Baua Electric

MARCH 30, 2024

Which automaker outlined an all-of-the-above electrified approach for the near future, including hybrids, PHEVs, and a 3-row electric SUV? bound hybrids and plug-in hybrids. That includes Nissan’s e-Power hybrid tech, which it confirmed for a 2026 launch, when it sees those hybrids as being at cost parity with non-hybrids.

Fisker 52

Fisker Honda Price Jeep 52

EV Adoption

AUGUST 4, 2022

Additionally, the IRA could actually receive enough votes to pass, but not without potentially several significant changes — including to some of the EV tax credit requirements. This means EVs like the Mustang Mach-E which is assembled in Mexico, and the Chrysler Pacifica Hybrid (PHEV) which is assembled in Canada, would qualify.

Tax Credit 98

Tax Credit Tax North America America 98

Cars That Think

DECEMBER 18, 2022

China, the European Union, Japan as well as the UK and South Korea all have announced the same intention. percent of new car sales being (mostly hybrid) EVs , says all new cars sales in 2035 will be electric. South Korean auto companies Hyundai Motors and Kia are already blaming drops in their U.S.

Global 130

Global China South Korea Chinese 130

The Truth About Cars

MAY 8, 2024

Hyundai Motor reportedly plans on using preexisting investments slated for its new EV facility in Georgia to pivot toward hybrid vehicles, as all-electric models haven’t seen the kind of adoption rates that would warrant an entire factory — let alone the plant that will become its largest outside of South Korea.

North America 91

North America Hyundai Building South Korea 91

Revenge of the Electric Car

OCTOBER 23, 2008

The coveted Chevy Volt battery contract appears to be going to a unit of South Korea’s biggest battery maker. GM, which initially said the Volt could be marketed for about $30,000, now uses $40,000 as the base price and is counting on a just-approved federal tax credit of $7,500 to make the price more palatable when sales begin.

Volt 100

Volt GM Batteries Battery 100

EV Adoption

NOVEMBER 26, 2021

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

Tax Credit 116

Tax Credit Tax F-150 PHEV 116

EV Adoption

MARCH 31, 2021

The EV6 will be produced in South Korea and go on-sale in select global markets starting from the second half of 2021, with online reservations beginning from March 30 in some markets. Once fully charged, the plug-in hybrid off-roader can travel up to 21 miles on all-electric energy. – March 30, via CleanTechnica.

Kia 52

Kia Jeep Lexus Re-Charge 52