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Kia looks to secure US federal tax credit for EV9 in 2025

Teslarati

It appears that South Korean automaker Kia is taking some steps to ensure that its EV9 all-electric SUV will qualify for the full $7,500 federal tax credit in the United States next year. As noted in a Nikkei Asia report, Kia is poised to start the production of the EV9 in the United States by May 2024.

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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’s first three-row electric SUV is off to a good start. However, Kia will accelerate EV9 momentum with plans to begin US production by May. Kia expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. Despite the strong start, Kia expects the momentum to pick up.

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Kia will push EV leasing to harvest tax credit score boon

Baua Electric

Kia The united states will incline aggressively into an Inflation Relief Office provision that permits it to go ailing a $7,500 federal incentive to electrical automobile shoppers who choose to hire as opposed to purchase, in line with Eric Watson, the automaker’s gross sales leading. or in a rustic the place the U.S.

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Kia shatters US sales record again with its first three-row electric SUV picking up steam

Baua Electric

Kia just set another US sales record in August, with more cars sold than in any month in company history. As demand for its first three-row electric SUV, the EV9 , continues to build, Kia’s EV sales climbed 27% from last year. Kia credited higher demand for SUVs and EVs for the record-breaking performance.

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Kia EV3 sales top 4,000 in its first month on the market

Baua Electric

In its first full sales month, the company sold just over 4,000 EV3 models as the electric SUV hits new markets. The EV3 was first introduced last October as part of Kia’s first annual EV day. The compact electric SUV was showcased alongside other affordable EV concepts, including the EV4 and EV5.

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Kia is recalling 12,400 EV9 SUVs over faulty remote parking assist that may not stop

Baua Electric

Kia issued a recall for 12,400 EV9 models due to a software glitch that could cause the remote smart parking feature to fail to stop as intended. Kia first noticed the issue earlier this month after an EV9 model in Korea using the feature collided with a parked car. Kia’s recall number is SC324.

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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. 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.