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

Electrek

The first Hyundai plant dedicated to building EVs and batteries in the US will be open as soon as this October. According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit.

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Hyundai 2023 IONIQ 6 EV to start at $41,600; 53 kWh pack option with 240-mile range

Green Car Congress

Hyundai Motor America announced pricing, packaging and a 53-kWh battery pack option for the IONIQ 6 electric vehicle. kWh, and two motor layouts, either a rear motor only or both front and rear motors for all-wheel drive. Eligibility for state tax credits is dependent on individual tax circumstances.

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Tata Motors urges govt to keep hybrid tax, Toyota lobbies for cut

Baua Electric

Read more Tata Motors has opposed Toyota’s appeal for tax reduction on hybrid cars, claiming that they are more polluting than electric vehicles and should not be given a tax advantage. This countered the appeal from Toyota for lowering the tax on hybrid cars.

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Hyundai will begin construction on its first EV plant October 25 as it targets US tax credit

Electrek

Hyundai will break ground on its massive $5.5 After several months of lobbying with US officials over EV tax credit changes in the recently passed climate law, the South Korean motor group is officially starting construction on its EV manufacturing plant. And it’s official.

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Hyundai breaks ground on training center in Georgia

Teslarati

Hyundai recently broke ground on its training center in Georgia. The Hyundai Mobility Training Center is operated by Georgia Quick Start. The Hyundai Mobility Training Center will focus on the electric vehicle (EV) market in the United States. When completed, Hyundai’s car factory is estimated to generate over 8,000 jobs.

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Hyundai Motor to enter hybrid vehicle segment in India in 3 years | Autocar Professional

Baua Electric

Hyundai Motor India, the second largest car maker in the country, is set to enter the hybrid vehicle segment in the coming three years. Hyundai Motor India is likely to bring in the hybrid powertrain alternatives in its mid-size SUVs in the future. Globally too Hyundai Motor is pushing for hybrids.

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

Baua Electric

The first Hyundai plant dedicated to building EVs and batteries in the US will be open as soon as this October. According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit. Munoz said EVs produced at the new plant will qualify for the tax credit.