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2024 Hyundai Ioniq 6 undercuts Tesla Model 3 by more than $9,000

Baua Electric

A dealer bulletin shows that all versions of the 2024 Ioniq 6 are eligible for $7,500 in “retail bonus cash”—a rebate that can essentially be applied only to purchases, and not with Hyundai’s current low-interest financing, CarsDirect notes. and starts at $40,380 including destination.

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Hyundai Brand News for 2024 and 2025

Clean Fleet Report

Ioniq 5 N Charging Update For purchased or leased new Ioniq 5 N customers, Hyundai is providing a ChargePoint Home Flex Level 2 charger for free, or a $450 credit for use at ChargePoint’s public charging stations. The XRT will be built in the new Hyundai Motor Group Metaplant America (HMGMA) facility in Savannah, Georgia.

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Hyundai sold nearly 269,000 electric vehicles last year as IONIQ 5 and 6 spark growth

Baua Electric

Meanwhile, Hyundai said it expects the global auto market to continue growing in the future as the shift to electric heats up. Hyundai said its investment plans for 2024 include increasing the number of mass-produced models and building its new EV plant in Georgia while continuing to develop future tech.

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The 2024 Chevy Blazer EV has a quirky $4k discount for Tesla drivers

Baua Electric

The $4,000 discount applies to both 2024 Chevy Blazer EV leases and purchases and according to CarsDirect, it can be stacked with other deals, such as the $7,500 tax credit and the $1,000 Costco member-only incentive. affiliate* FTC: We use income earning auto affiliate links. Get started here.

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ICCT study finds state EV incentives playing a significant role in driving sales

Green Car Congress

California, Georgia, Hawaii, Oregon, and Washington—have electric vehicle sales shares that are approximately 2–4 times the national average. They calculated benefits over the duration of ownership of the vehicle, assumed to be six years based on the average length of time a new vehicle is retained by the purchaser.

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The Congressional Review Act and its potential impact on EV tax credits

Plug in America

auto industry globally competitive. history, offering tax credits on energy-efficient electric heat pumps, home energy efficiency improvements, rooftop solar or battery storage, and–our personal favorite–clean vehicle tax credits for both new and used EVs. As a result, the EV tax credits are complicated.

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Westwater Resources is building a facility in Alabama to process one of the largest graphite deposits in the US

Charged EVs

Now, if you look at just the materials half of the $7,500 tax credit, there’s $3,750 available, and graphite is on a short list of critical materials, along with lithium, cobalt, nickel and a few others. If you do the math and make some assumptions, it means $550-600 of the total tax credit is attributable just to graphite.

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