Affordable Articles Hyundai Tax 
Teslarati
JANUARY 8, 2024
South Korean automakers Hyundai and Kia placed second together in US electric vehicles (EV) sales after Tesla, beating Detroit-based legacy automakers Ford and General Motors. Hyundai and Kia, along with the Genesis brand, are owned by Hyundai Motor Group, which holds the fourth-largest share in the US car market.
Teslarati
JANUARY 3, 2023
Hyundai has announced that it aims to grow auto sales by 10% this year alone. Over the past two decades, Hyundai Motor Group has become a sizable competitor in the automotive industry. It is now a leader in affordable offerings and electric vehicles, along with the likes of Ford. Hyundai has good reason to be optimistic.
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. What do you think of the article? Top-of-the-line Ford F-150 Lightnings will also no longer be eligible.
Teslarati
AUGUST 5, 2022
4 will be the third most affordable electric vehicle offering in the United States, but the German automaker will nerf performance to reach the price point. The vehicle will now have a starting price of $37,495 instead of $39,995 and, with federal tax credits, will be just under a $30,000 vehicle at the base model.
Teslarati
APRIL 29, 2023
The Tesla Model 3 now qualifies for the full $7,500 EV incentive thanks to a new loophole in the tax incentive system. Perhaps most notably, this includes vehicles like the Hyundai Ioniq 5 and Kia EV6, but this same trick can be extended to the base model Tesla Model 3, which currently only qualifies for half of the $7,500 EV incentive.
EV Life
JUNE 8, 2023
Like their electric car cousins, all-electric SUVs have come a long way—batteries have evolved to increase range and improve performance, new motors are providing impressive torque and towing capabilities, and prices have come down to make options more affordable, making these SUVs some of the most attractive sport utility options out there.
Get Electric Vehicle
SEPTEMBER 6, 2022
The Expiration of Tax Benefits. The expiration of tax benefits offered to the manufacturer played a significant role in the price drop as well. Consumer Reports pointed out that General Motors lost these EV tax benefits. The costs of the most recent models, like the Hyundai Ioniq 5, Kia EV6, Toyota bZ4X, and Volkswagen ID.4,
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