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Kia is Readying a New Affordable EV4 Sedan for the 2025 Model Year

The Truth About Cars

Several automakers have promised affordable EVs, but so far, none have truly delivered. Kia’s now jumping into the fray with the EV4 , a small electric car it promises will land with a reasonable price and widespread availability. EV tax credits, but Kia has begun production of the EV9 in Georgia, and Hyundai will follow suit soon.

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Hyundai says its first EV plant will open this year to gain the $7,500 tax credit

Baua Electric

According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit. billion EV megaplant in Georgia in October 2022. With a $7,500 tax credit on the line, Hyundai has pulled the timeline forward as quickly as possible.

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Hyundai and Kia are gaining a competitive edge ahead of the affordable EV offensive

Baua Electric

The tailwind comes as the South Korean automakers are launching affordable EVs in key global markets, including the US. billion Hyundai Motor Group Metaplant America (HMGMA) in Georgia is expected to be up and running by the end of the year. After a record 2023, Hyundai and Kia are not slowing down this year.

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Boost Your Savings: Best US States for Electric Vehicle Incentives

Setec Powerr

Many states in the US offer various incentives to encourage the adoption of electric vehicles, making it more affordable for consumers to make the switch. Colorado Colorado offers a state tax credit of up to $4,000 for the purchase or lease of a new electric vehicle.

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Blazer EV price cut, Dodge electric muscle, Rivian R2 and R3: The Week in Reverse

Baua Electric

Which affordable EV regained its EV tax credit eligibility this week? Rivian used the moment to pause (and delay) plans for its massive Georgia plant to get the R2 to production by early 2025. The 2024 Nissan Leaf is eligible for an EV tax credit of $3,750, the automaker confirmed mid-week.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

Promote electric vehicle adoption by increasing access to charging infrastructure and supporting the development of plug-in electric vehicles that are as accessible, available, and convenient as gasoline-powered vehicles. Georgia Power. Southern Company: Georgia Power. Dayton Power & Light Company. Duke Energy. General Motors.

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The Complex Calculus of Clean Energy and Zero Emissions

Cars That Think

government was going to try a whole bunch of different government interventions—incentive programs, tax credits, grants, infrastructure investments—to bend the trajectory of our energy transition. and “Is your electricity bill reasonably affordable?” We have the ability to substitute for them very quickly and affordably.

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