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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. As noted in a Nikkei Asia report, Kia is poised to start the production of the EV9 in the United States by May 2024.

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Kia will push EV leasing to harvest tax credit score boon

Baua Electric

Kia The united states will incline aggressively into an Inflation Relief Office provision that permits it to go ailing a $7,500 federal incentive to electrical automobile shoppers who choose to hire as opposed to purchase, in line with Eric Watson, the automaker’s gross sales leading. Kia is retooling its plant in West Level, Ga.,

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Kia EV9 reservations to start this month in North America

Teslarati

Kia EV9 reservation will start this month in North America. The EV9 will be the first vehicle Kia assembles in North America, making it eligible for the Inflation Reduction Act’s tax incentives. According to the Asian car manufacturer, the 2024 Kia EV9 will start at $54,900.

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Kia Plans to Release Smaller, More Affordable EV3 By the End of 2024

The Truth About Cars

Kia recently announced plans to develop new hybrid and plug-in hybrid models to help it cope with wavering EV demand, but that hasn’t stopped the automaker’s trudge toward full electrification. In fact, Kia’s CEO said the company was pushing forward with plans to release an affordable electric car called the EV3.

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Another One Bites the Dust: Kia Killing the Rio After 2023

The Truth About Cars

Kia is now cutting another sub-$20,000 option with its announcement of the Rio’s demise after 2023. Kia will continue building sedans, but cars have fallen off in favor as SUVs and trucks have taken over the world. Image: Kia] Become a& TTAC& insider. Though disappointing, the move isn’t a surprise.

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Tesla, VW and several other EVs that qualify for the new 2023 US EV tax credit

Teslarati

Tesla, Volkswagen, and several other EV manufacturers qualify for the new 2023 U.S. EV tax credit. The Internal Revenue Service (IRS) announced the vehicles that qualify for the 2023 EV tax credit. federal tax credit includes EVs made by fourteen manufacturers. 2022-2023 Ford Escape Plug-In Hybrid. 4 AWD Pro S.

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President Biden signs Inflation Reduction Act, cut EV tax incentives

Teslarati

President Joe Biden will sign the Inflation Reduction Act today, and the act will cut EV tax incentives with it. According to manufacturers, roughly 70% of electric, PHEV, and fuel cell electric vehicles are no longer eligible for incentives. Top-of-the-line Ford F-150 Lightnings will also no longer be eligible.

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