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Nine EVs that lease for under $400/month: Ioniq 5, Solterra, Niro, Ioniq 6, more

Baua Electric

Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai) There’s a loophole in the stricter IRA federal tax credit that only applies $3750 rebates on North American-built cars and separately $3750 on domestic batteries. Check for Kia Niro EV lease discounts and lease deals in your area.

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The EV Transition Explained: Local Policies Shape Global Competition

Cars That Think

Massachusetts, for example, has set a goal of at least 750,000 to 1 million EVs on the road by 2030; it currently has some 51,000, of which 31,000 are battery electric. South Korean auto companies Hyundai Motors and Kia are already blaming drops in their U.S. electric vehicle sales to the new law.

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