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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. While the federal tax credit of $7,500 per vehicle may be thought to be the major factor in consumer decision making in the U.S.,

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Hyundai’s new Georgia EV plant adds its 18th supplier as an extensive US network unfolds

Baua Electric

billion EV plant in Georgia gained its 18th supplier as the automaker builds an extensive US supply chain. Hyundai’s Georgia EV plant attracts its 18th supplier Georgia Governor Brian Kemp announced that Shinsung Petrochemical will invest $11.2 The company is the 18th supplier to invest in Hyundai’s new Georgia EV plant.

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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. Currently, production of the EV9 is in South Korea, but Kia is looking to start manufacturing the all-electric SUV at its West Point, Georgia plant.

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Hyundai just opened its massive new Georgia EV plant as the first IONIQ 5 rolls out

Baua Electric

billion EV plant in Georgia is now officially up and running. billion EV plant in Georgia officially opens After breaking ground on the site in October 2022, Hyundai Motor Group’s Metaplant America (HMGMA) in Bryan County, GA, is now open. The larger electric SUV will be built alongside the 2025 IONIQ 5 in Georgia. Hyundai’s $7.6

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LG Energy Solutions & Hyundai team up for battery plant in the United States

Teslarati

Hyundai Motor Group and LGES signed a memorandum of understanding on May 26 in Seoul, Korea, for a battery cell manufacturing facility in Bryan County, Savannah, Georgia. The battery plant would allow Hyundai electric vehicles (EV) to qualify for the Inflation Reduction Act’s (IRA) $7,500 tax credit. based battery plant.

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Rivian (RIVN) adds R1S SUV to lease program and expands to additional states

Baua Electric

FTC: We use income earning auto affiliate links. The post Rivian (RIVN) adds R1S SUV to lease program and expands to additional states appeared first on Bauaelectric Auto News. That brings the total to 16 states in all. Current delivery windows for an R1S lease are 1-2 weeks. You can explore Rivian’s R1S lease inventory here.

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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. ad* FTC: We use income earning auto affiliate links. VW 2023 and 2024 ID.4s That means that the 2023 ID.4