Teslarati

APRIL 5, 2024

Kia is prepared to fully invest in electric vehicles (EVs), despite growing concerns of slowing demand for EVs. During Kia’s CEO Investor Day event, the Asian carmaker announced plans to sell 3.2 Kia ultimately aims to boost its global EV sales to 4 million by 2027 and 4.3 million EVs in the global market in 2024.

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The Truth About Cars

MAY 4, 2023

Though their electric vehicle lines are among the most compelling new zero-emissions models, Kia and Hyundai’s EVs don’t currently qualify for federal tax credits because of where they’re built. Both are working toward bringing EV production to the U.S., Image: Kia] Become a& TTAC insider.

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Baua Electric

FEBRUARY 9, 2024

According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit. With a $7,500 tax credit on the line, Hyundai has pulled the timeline forward as quickly as possible. Munoz said EVs produced at the new plant will qualify for the tax credit.

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The Truth About Cars

APRIL 16, 2024

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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Baua Electric

APRIL 22, 2024

Kia and Genesis are two of the latest to slash EV prices with generous deals. The Kia EV9 and several Genesis EVs are now $7,500 off with new discount offers. Kia and Genesis are offering significant EV discounts Genesis is rapidly expanding in the US, outpacing most luxury brands with sleek all-electric vehicles.

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Baua Electric

FEBRUARY 1, 2024

Over 1,400 Kia EV9 models were handed over in January, topping the EV6 in US sales. Kia EV9 outpaces EV6 despite record sales month Kia started the year strong, with EV sales growing 57% YOY. A big reason behind Kia’s success is the launch of its first three-row electric SUV, the EV9. long but is about the same height.

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The Truth About Cars

AUGUST 23, 2023

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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Baua Electric

JANUARY 10, 2024

Hyundai and Kia placed second in the US EV market behind Tesla after a record sales year in 2023. Hyundai and Kia take second in US EV sales According to Kelley Blue Book estimates, a record 1.2 Hyundai capped off a record year with nearly 47,000 IONIQ 5 and IONIQ 6 EVs sold, while Kia sold almost 19,000 EV6 electric crossovers.

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Baua Electric

JULY 3, 2023

Kia’s Strong point sedan is also doing neatly because of city consumers, who nonetheless favor smaller, extra cost-efficient automobiles. ” “Our production is up and we’ve been able to sell that because our sales are up year over year, but we’re not building dealer stock,” he stated.

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Baua Electric

JANUARY 22, 2024

Three months after opening US orders for the long-anticipated three-row EV9 SUV, the folks at Kia invited media out to wine country to test drive it for the first time. Nevertheless, we at Electrek (myself included) were pleasantly surprised at how similar the production-intent EV9 stayed to its conceptual design. Here are my thoughts.

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The Truth About Cars

APRIL 19, 2023

Though it’s now cheaper to buy a new Tesla Model 3 or Model Y, some are eligible for federal tax credits, making them even more appealing. Some Model 3s are only eligible for half the credit because of battery materials sourcing rules, but the automaker’s domestic battery production efforts and large U.S.

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Teslarati

APRIL 25, 2023

Hyundai and SK On recently released more information on its battery cell production facility in the United States. US battery guidance might slash IRA EV Tax credits Hyundai will use the cells to produce Hyundai, Kia, and Genesis EV models within the United States. The Teslarati team would appreciate hearing from you.

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The Truth About Cars

JUNE 21, 2023

These numbers may shift in favor of American production in the coming years as automakers look to localize production and take advantage of federal tax credits. Volvo only produces 4 percent of its vehicles here, but the real shocker is that General Motors only built 54 percent of its vehicles in the United States.

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Teslarati

MAY 31, 2023

The battery plant would allow Hyundai electric vehicles (EV) to qualify for the Inflation Reduction Act’s (IRA) $7,500 tax credit. Construction on the new battery facility is expected to start in the second half of 2023, with cell production slated to begin by the end of 2025. billion in electric vehicle production.

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Baua Electric

MARCH 4, 2024

Including Kia and Genesis, Hyundai topped American automakers Ford and GM’s Chevy for second behind only Tesla. Looking to mirror Kia EV9’s successful launch The IONIQ 9 will follow Kia’s successful launch of its first three-row electric SUV, the EV9. billion Metaplant to qualify for the $7,500 federal tax credit.

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Baua Electric

MARCH 11, 2024

Hyundai IONIQ 9 vs Kia EV9 three-row electric SUV Another noticeable difference was in the rear. Like Kia’s EV9, the IONIQ 9 will ride on Hyundai’s dedicated E-GMP platform. Kia EV9 (Source: Kia) Hyundai is expected to begin IONIQ 9 production in the first half of the year with US sales to follow in mid-2025.

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Baua Electric

JANUARY 12, 2024

It’s essentially like receiving the full EV tax credit with a new purchase. Like the IONIQ 6, Tesla’s Model 3 is no longer eligible for the IRA tax credit. 270 $54,765 2024 Hyundai IONIQ 6 starting price and range Hyundai said the lower prices are due to “production efficiencies and scale.” 361 $43,656 SEL RWD 77.4

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Baua Electric

MARCH 15, 2024

Model 3 registrations were down 23% after losing the $7,500 EV tax credit. After ending production of its best-selling Bolt earlier this year, registrations fell 45% to 4,119. Kia was sixth after EV registrations more than doubled YOY. The data is significant as not all automakers release monthly sales numbers.

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Baua Electric

APRIL 25, 2024

Hyundai will add hybrid production lines at its dedicated EV plant in Georgia as demand rises. After hybrids accounted for a larger share of sales in the first quarter , Hyundai plans to add hybrid production at the facility. “It Hyundai is expected to begin production at its GA plant in Q4. vs. 9%), the US (5.5% vs. 15.9%).

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Teslarati

FEBRUARY 28, 2024

Hyundai Motor Group was second in EV sales last year thanks to its Hyundai and KIA brands. The Georgia-based plant would make Hyundai’s EVs more affordable as they would likely qualify for the Inflation Reduction Act’s (IRA) full $7,500 tax credits. billion in individual earnings per year.

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Baua Electric

JANUARY 16, 2024

Hyundai and sibling brand Kia combined now rank second in EV sales after Tesla, meaning the two Korean brands are ahead of other established automakers like Ford and General Motors. The Ioniq 6 does not qualify for the $7,500 federal EV tax credit, but neither do the two Model 3 Highland variants released so far.

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Baua Electric

JANUARY 12, 2024

The first vehicles are “demonstration” models going to dealers and fleets, the startup noted, adding that it expects P7-C trucks to qualify for a federal tax credit of up to $40,000 per vehicle, and over $100,000 in total incentives with state-level credits factored in.

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Baua Electric

JANUARY 17, 2024

Hyundai plans to begin production of the new Kona Electric N Line in February, with the first models rolling out this spring. Hyundai Motor Group (including Kia) overtook Ford and GM to take second in US EV sales last year, behind only Tesla. It will also include added safety features.

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Teslarati

OCTOBER 3, 2022

Hyundai has reported record Q3 sales, mirroring its Kia sister brand. Hyundai/Kia continues to grow their sales in the US and are finding a lot of success in their electric vehicle offerings. Credit: Hyundai. The company is working hard to establish its first US-based EV production facility in Georgia.

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Electric Auto Association

APRIL 4, 2022

Hawaii chapter member reviews his new Kia EV6 By Lorn Douglas, Member of Big Island Electric Vehicle Association. I am not a newbie; this is my fifth electric vehicle (EV), including a Nissan LEAF, Tesla Model S, Kia Soul, and Kia Niro. As my Tesla aged past its extended warranty, I put both a new Model S and Kia EV6 on order.

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The Truth About Cars

FEBRUARY 1, 2024

About half of all dealerships also said they never bothered to register with the IRS to more easily facilitate EV tax credit exchanges. Luxury-minded electrics are simply too expensive for most people to afford and the more pedestrian models have been seen in the news for battery fires and botched product launches.

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Baua Electric

MARCH 12, 2024

The new Hyundai IONIQ 5 facelift (Source: Hyundai) The prototype was spotted testing near the Hyundai/Kia Technical Center. Hyundai IONIQ 9 (SEVEN) electric SUV concept (Source: Hyundai) IONIQ 9 production is expected to begin in the first of the year, with US sales kicking off in mid-2025.

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Clean Fleet Report

JUNE 4, 2022

These big price reductions, $5,900 for the Bolt EV and $6,300 for Bolt EUV, makes them more competitive as Chevrolet no longer qualifies for the federal $7,500 tax credit. At this price point the Bolt will be able to be positioned against other small EVs—such as the Kia Niro and Nissan Leaf, rather than its brand siblings.

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Baua Electric

FEBRUARY 29, 2024

Including Kia, Hyundai topped Ford (69,163) and GM’s Chevy (63,659) in US electric vehicle registrations in 2023 with over 80,000. After being rewarded for its contributions to the state of Georgia with its own “Hyundai Day,” the company said it expects to begin production in Q4 , ahead of its initial early 2025 timeline.

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Teslarati

SEPTEMBER 8, 2022

Chevrolet has long been the budget offering of GM products; their vehicles are made for everyone, so what if the interior is comparable to a school lunch tray, it’s cheap and (hopefully) reliable transportation. General Motors has announced their all-new Chevy Equinox EV, their affordable EV SUV offering.

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EV Adoption

APRIL 4, 2021

The Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) tax credit – commonly referred to as the “Federal EV tax credit” has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US.

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Baua Electric

APRIL 25, 2024

“We are closely tracking interest in other states and laser focused on delivering an unparalleled experience for our customers, and we will be able to share more about the availability of the products throughout the U.S. GM Energy app The automaker has a bigger vision for the product.

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Clean Fleet Report

MAY 2, 2024

The Fastest Acura SUV Ever Built The all-new 2024 ZDX is the first electric Acura and, as Quincy Tam, Acura product planner, says, it is “for their customers that are ready to take that next step into electrification.” at seconds, Kia EV6 GT at 3.6 Many manufacturers are shooting for the 0-60 data, but that’s not all we are.

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Clean Fleet Report

JANUARY 23, 2024

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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EV Life

JULY 21, 2023

The Chevy Blazer EV is expected to compete with similar vehicles, such as the Ford Mustang Mach-E , Kia EV6 , Hyundai Ioniq 5 , Volkswagen ID.4 It will be available in rear- and all-wheel-drive, and Kia says its all-wheel drive and rear-wheel-drive Long Range models will have an estimated range of 300 miles. 4 , and the Tesla Model Y.

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Clean Fleet Report

MARCH 2, 2023

Genesis showed a pre-production 2023 Electrified GV70 at the 2022 Los Angeles Auto Show. What automotive journalists saw at the Montgomery plant were full production models, including watching them come down the line in different stages during the assembly process. kWh lithium-ion battery. The last one is no small thing.

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EV Adoption

NOVEMBER 29, 2021

In my previous article, Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives , I outlined and analyzed 13 proposed changes to IRC 30D (federal EV tax credit). kWh) Kia Niro PHEV (8.9 If categorized as an SUV, however, the LYRIQ would qualify for the maximum $12,500 tax credit.

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