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Kia to begin EV9 production in the US by May, expects $7,500 EV tax credit eligibility by 2025

Baua Electric

Kia expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. Kia America’s head of corporate communications, James Bell, told Nikkei that moving EV9 production to its West Point, GA plant will enable it to qualify for a part of the EV tax credit. FTC: We use income earning auto affiliate links.

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VW says ‘most’ 2023, 2024 ID.4s will get full $7,500 EV tax credit

Baua Electric

4s will qualify for the full US EV tax credit in 2024 – here’s the lowdown on eligibility. 4s with US-manufactured SK On battery components placed in service in 2024 will be eligible for the full $7,500 federal tax credit. Click here to find a local dealer that may have the Volkswagen ID.4 VW 2023 and 2024 ID.4s

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The 2024 Chevy Silverado EV lease price costs more than two Rivian trucks

Baua Electric

The folks at CarsDirect report that a Chevy bulletin sent to dealers lists the Silverado EV at $1,449 for 39 months, with $5,679 due at signing. That’s for the RST trim based on an MSRP of $96,495 with destination and 10,000 miles a year. Video] Click here to find a local dealer that may have the Rivian R1T in stock.

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The Tesla Model 3 is now cheaper to lease than a Toyota Camry

Baua Electric

If the 2024 Tesla Model 3 Long Range All Wheel Drive is catching your eye, it’s now more affordable because it’s become eligible for the full $7,500 tax credit. The Long Range AWD has around 70 more miles of range. Click here to find a local dealer that may have the Tesla Model 3 in stock. You can read more about that here.

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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. More on this below.

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Auto Lobby Wants Input on Government EV Policy Before Changes Are Made

The Truth About Cars

For example, fuel taxes (which are accounted for when you pay at the pump) are responsible for funding anywhere from a quarter to a third of all roadway maintenance — which would evaporate as more people started driving electric vehicles. But let’s not presume that the industry is exclusively the victim here.

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Kia’s EV sales surged to a new record in the US with affordable, long-range models

Baua Electric

With the $7,500 federal tax credit, prices fall to as low as $48,995. The long-range EV9 gets up to 320 miles range, starting at $60,695. For the Light Long Range RWD EV6 with up to 310 miles range, price start at $45,950. You can use our links below to find deals on Kia’s EVs at a dealer near you.