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Hyundai sold nearly 269,000 electric vehicles last year as IONIQ 5 and 6 spark growth

Baua Electric

The company saw solid sales growth across key markets, including North America, Europe, and India. Hyundai accelerated construction to take advantage of government incentives like the $7,500 tax credit. For example, Hyundai is offering a $7,500 purchase incentive on the 2024 IONIQ 6.

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Tesla Model 3 receives full EV incentives with new loophole

Teslarati

By choosing to lease a selected EV instead of purchasing it outright, a car buyer can still receive a full EV incentive for vehicles that would, under the new battery sourcing requirements, not qualify for the full amount or no incentive at all. What do you think of the article?

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News: 2023 Genesis Electrified GV70 AWD

Clean Fleet Report

Parent company Hyundai has been building cars and SUVs in America for the American market at the Montgomery plant for almost two decades, but Genesis has relied on all its vehicles to be imported from South Korea. The last one is no small thing. This includes producing the batteries for its full electric line-up that begins in 2030.

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Road Test: 2024 Nissan Leaf SV Plus EV

Clean Fleet Report

Contact your tax advisor before considering a Leaf purchase so you are completely clear on the tax credits and rebates. For those in California, the Leaf qualifies some purchasers for the coveted HOV sticker, which allows driving in the carpool lane, even with just the driver. Photos by John Faulkner and Nissan.

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Flash Drive: 2024 Kia EV9

Clean Fleet Report

A Bona Fide Third Row in an Electric SUV Combine the Kia Telluride three-row SUV and the Kia EV6 crossover and you get the all-new, all-electric 2024 Kia EV9 three-row SUV. The 2024 Kia EV9 went on-sale in December 2023 and is available in all 50 states. of torque 0-60 mph: 5.7 of torque 0-60 mph: 5.0

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The EV Transition Explained: Local Policies Shape Global Competition

Cars That Think

Carlos Tavares California, as does nearly every state , has a wide range of incentives for purchasing EVs and installing chargers. South Korean auto companies Hyundai Motors and Kia are already blaming drops in their U.S. Some 61 percent of all those ZEV sales to date were Teslas. Where is the clean energy?

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

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.