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Volkswagen ID.4 with SK ON battery components eligible for full $7,500 tax credit in 2024

Teslarati

4 units with SK On battery components qualify for the Inflation Reduction Act’s (IRA) full $7,500 federal tax credit for electric vehicles. 4 units with batteries from SK On qualify for federal tax credits. 4 EV may choose to apply the tax credit as a down payment for the vehicle. The 2023 ID.4 Only VW ID.4

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2022 Hyundai Santa Fe Plug-In Hybrid will cost less than Hybrid after EV tax credit

Green Car Reports

Pricing for the 2022 Hyundai Santa Fe Plug-In Hybrid will start at $40,535 (including destination) for the base SEL Convenience trim level, according to CarsDirect, which pulled the information from a recent order guide.

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GM is giving a $7,500 incentive on EV models that lost tax credit eligibility

Baua Electric

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. GM to give $7,500 incentive for non-qualifying EVs Two weeks ago, GM said the new Chevy Blazer EV and Cadillac Lyriq would lose eligibility for the US EV tax credit at the beginning of 2024. However, no other specifics were mentioned.

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Hyundai IONIQ 7 will go by IONIQ 9 as the brand’s first three-row electric SUV

Baua Electric

The first three-row electric SUV from Hyundai will be named the IONIQ 9. Hyundai plans to change the name of the electric SUV from IONIQ 7 to IONIQ 9 as it looks to build off Kia’s success with the EV9. Including Kia and Genesis, Hyundai topped American automakers Ford and GM’s Chevy for second behind only Tesla.

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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.

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Hyundai to add hybrids at EV-only plant as rising demand throws a curveball

Baua Electric

Following similar announcements from rivals, Hyundai is adding more hybrids to its lineup as a bridge to its next-gen EVs. Hyundai will add hybrid production lines at its dedicated EV plant in Georgia as demand rises. Hyundai Q1 2024 sales by region (Source: Hyundai) Overall, EVs accounted for 4.5% (vs 6.5% vs. 15.9%).

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The Best Electric SUVs on the Market

EV Life

These spacious, versatile, and family-friendly vehicles offer drivers the best of many worlds in one, so it’s no surprise that the release of electric SUVs on the market was highly anticipated and met with excitement by EV fans and SUV enthusiasts alike. Prices have been coming down while ranges have steadily increased.

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