Teslarati

APRIL 30, 2024

The all-electric Kia EV9 racked up another award from Red Dot. The Kia EV9 won the coveted “Best of the Best” award in the Cars and Motorcycle category at the Red Dot Award: Product Design 2024. Earlier this year, the 2024 Kia EV9 received two awards at the 2024 World Car Awards.

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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

MAY 29, 2024

Despite talk of an electric vehicle “slowdown,” Kia EV9 sales are surging. Kia EV9 sales are surging in its first year on the market After officially unveiling its first three-row electric SUV in March 2023, Kia kicked off EV9 deliveries in Korea last June. The sources said Kia has been selling 2,000 to 3,000 EV9s a month.

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Teslarati

JANUARY 25, 2024

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. Hyundai & Kia take second place after Tesla in US EV sales Customers interested in purchasing a MY 2023 or MY 2024 ID.4

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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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Teslarati

APRIL 1, 2023

A Tesla Model 3 has taken on the all-new Kia EV6 GT in a crazy all-electric drag race. The latest challenger is the Kia EV6 GT, which has taken the already nimble EV6 and cranked its performance characteristics to 11. On paper, the matchup is quite close between the Tesla and the Kia. horsepower per pound. horsepower per pound.

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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

APRIL 5, 2024

Ho-Sung Song, the global president and CEO of Kia expects the Indian market to remain flat in 2024. Kia aims to achieve a sales volume of 277k units, with 13% growth year on year, and a market share of 6.8%.” Kia aims to achieve a sales volume of 277k units, with 13% growth year on year, and a market share of 6.8%.”

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The Truth About Cars

OCTOBER 10, 2023

Kia has a hit on its hands with the EV6, the first in a line of unique, futuristic electric models.& & The larger EV9 is coming soon, with reservations opening next week, and Kia recently announced pricing for the upcoming electric family hauler. Image: Kia] Become a& TTAC insider.

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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

MARCH 6, 2024

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Chinese automakers like BYD are already stealing market share, but Kia is in talks over a new EV plant in Thailand that could help position itself as an early leader. Meanwhile, Kia has bigger (or, smaller and more affordable) plans.

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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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Teslarati

AUGUST 16, 2022

President Joe Biden will sign the Inflation Reduction Act today, and the act will cut EV tax incentives with it. The act makes loans and tax breaks available to manufacturers to switch production to electric vehicles. The post President Biden signs Inflation Reduction Act, cut EV tax incentives appeared first on TESLARATI.

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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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EV Adoption

NOVEMBER 26, 2021

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. More on this below.

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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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Baua Electric

MARCH 3, 2024

Over the last few years, several automakers have launched their respective products in this category owing to the rapidly surging consumer demand in favour of affordable SUVs. The names include Maruti Suzuki, Tata Motors, Mahindra, Hyundai, Kia, Toyota etc. Now, Skoda too is aiming to launch its own product in this segment.

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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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Teslarati

FEBRUARY 8, 2024

billion EV battery production plant in Georgia last year due to the Inflation Reduction Act’s (IRA) EV tax incentives. The battery factory and the HMGMA would increase Hyundai’s chances of meeting IRA requirements for the EV tax incentives. Hyundai and Kia used to be regarded in the US as low-end, unreliable cars.

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Green Car Reports

SEPTEMBER 12, 2014

Nevada''s governor approves an incentives package for Tesla Motors'' battery Gigafactory, BMW weighs a decision to put the MINI Superleggera Vision two-seater concept into production, and Kia prices the 2015 Soul EV from $34,500. Nevada Governor Brian Sandoval signs bills that will provide $1.3 billion in.'

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2015 Kia Nevada Price 138

Baua Electric

JANUARY 27, 2024

4 models qualify for the $7,500 EV tax credit , making it the first foreign automaker to get the nod under tightened sourcing rules. million of them worldwide, from four different production locations. This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending January 26, 2024. It delivered 1.2

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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). In this brief article I will share the 3 scenarios that lead to an EV being completely disqualified from any available tax credit amount.

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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. miles of EPA range per kWh.

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EV Central

SEPTEMBER 23, 2023

It will start under the federal government’s $89,332 fringe benefits tax EV exemption threshold. It will line up against the likes of the Tesla Model Y , BMW iX3 , Mercedes-Benz EQA , Hyundai Ioniq 5 and Kia EV6. It’s really important for us,” Audi Australia product planning boss Peter Strudwicke told EVCentral.

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The Truth About Cars

MAY 8, 2024

News that Hyundai was considering shifting at least some of the production at its new EV facility in Georgia has been swirling since March. From Reuters : South Korea's Hyundai Motor Group, which houses Hyundai Motor and Kia, said it would invest $12.6 billion affair to one that’ll cost well over $12 billion to complete.

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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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Green Car Congress

NOVEMBER 2, 2011

Kia Motors Corporation plans to build a third manufacturing plant in China in order to meet increasing local demand and to maintain its positive sales momentum in the market. Dongfeng Yueda Kia (DYK) Motors is a 50/50 joint venture through which Kia Motors manufactures, markets and services vehicles in China.). in 2010 (13 th ).

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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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Teslarati

SEPTEMBER 2, 2022

Foreign and domestic automakers were quick to criticize the electric vehicle tax incentive system found within the Inflation Reduction Act. And one company that has been hit particularly hard by these regulations is Hyundai/Kia. production and assembly of vehicles and batteries, this is coming at the cost of many U.S.

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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

MAY 1, 2024

Exide’s standalone profit after tax rose 36.6% Indian battery-maker Exide Industries beat fourth-quarter profit expectations on Tuesday, helped by higher demand in its automotive and industrial products segments. Exide’s standalone profit after tax rose 36.6% from a year ago to 2.84 bn rupees as per LSEG data.

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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

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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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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