Baua Electric

JUNE 24, 2024

After a record 2023, Hyundai and Kia are not slowing down this year. With new tariffs on Chinese EVs, Hyundai and Kia look to gain an edge over their overseas rivals. Hyundai Motor, including Kia, generated a record over $9 billion (KRW 12.27 trillion) in profits last year. million).

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Baua Electric

JUNE 10, 2024

Hyundai Motor Group, including Tesla, is gaining ground on Tesla in the US electric vehicle market. After a record start to 2024, Hyundai and Kia accounted for 11.2% Hyundai and Kia have been on a roll with some of the most affordable, fuel-efficient electric cars in the US. Hyundai Motor’s share has risen from 3.2%

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Baua Electric

MARCH 14, 2024

Hyundai and Kia will recall around 170,000 EVs in Korea, the largest since they launched. The recall is over a software issue impacting Hyundai’s IONIQ, Genesis, and Kia EVs. Hyundai and Kia recall 170,000 electric vehicles The South Korean Ministry of Land, Infrastructure, and Transport announced the recall on Thursday.

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Baua Electric

SEPTEMBER 26, 2024

Shinsung, a leading auto sealant company, will be a key supplier for Hyundai’s new Metaplant in Bryan County. “We After topping Ford and GM in US electric vehicle sales in the second quarter, Hyundai Motor (including Kia) looks to establish its position for the future. million in a new manufacturing facility in Toombs County.

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Baua Electric

SEPTEMBER 20, 2024

2024 Kia EV9 GT-Line (Source: Kia) As new electric vehicles hit the market, discounts continue piling up as automakers fight for sales. According to new research, the most popular EVs on Cars.com right now are the Ford F-150 Lightning, Mustang Mach-E, and Kia EV9 , all of which feature massive incentives this month.

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Baua Electric

SEPTEMBER 6, 2024

A big factor behind leasing is the ability to pass on the $7,500 federal tax credit to lessees. According to Motor Intelligence , Kia’s new three-row EV9 SUV sold with an average discount of over $18,000 in June. For smaller (subcompact) SUVs, the 2024 Kia Niro Wind EV is listed at $169 for 24 months.

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Baua Electric

JANUARY 22, 2024

Three months after opening US orders for the long-anticipated three-row EV9 SUV, the folks at Kia invited media out to wine country to test drive it for the first time. 2023 was a huge year for Kia in a lot of ways, but EV9’s development was a huge part of that narrative, even if it wasn’t a genuine contributor to its record US sales (yet).

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Baua Electric

SEPTEMBER 13, 2024

A big factor behind leasing is the ability to pass on the $7,500 federal tax credit to lessees. According to Motor Intelligence , Kia’s new three-row EV9 SUV sold with an average discount of over $19,700 in July. For smaller (subcompact) SUVs, the 2024 Kia Niro Wind EV is listed at $169 for 24 months.

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The Truth About Cars

FEBRUARY 1, 2024

According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. About half of all dealerships also said they never bothered to register with the IRS to more easily facilitate EV tax credit exchanges.

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Baua Electric

SEPTEMBER 23, 2024

2024 Chevy Blazer EV RS (Source: GM) GM is still about 20,000 EV sales behind Hyundai Motor (including Kia), but only about 2,000 shy of overtaking Ford. Hyundai and Kia sold about 21,760 EVs in July and August, Ford sold 17,876, and GM sold 20,948. FTC: We use income earning auto affiliate links. GM, Hyundai, or Ford?

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Clean Fleet Report

JULY 5, 2021

Photos by John Faulkner and Kia. The 2021 Kia Niro PHEV is one of three electrified Niro models to choose from, alongside a hybrid and a pure battery electric version. kW electric motor. Not bad, unless I was driving the Kia Stinger , which welcomes some seriously aggressive driving. A Winning Formula.

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Baua Electric

JUNE 17, 2024

Hyundai Motor Group CEO Chang Jae-hoon confirmed EVs are “the top priority” in the US as construction on its massive $7.59 The comments come as construction on the Hyundai Motor Group Metaplant America (HMGMA) is expected to be complete in Q4 2024. 2024 Hyundai IONIQ 5 (Source: Hyundai) Although Hyundai Motor has invested $7.59

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Baua Electric

JANUARY 12, 2024

It’s essentially like receiving the full EV tax credit with a new purchase. Like the IONIQ 6, Tesla’s Model 3 is no longer eligible for the IRA tax credit. 305 $51,265 SE Dual Motor AWD 77.4 316 $47,065 SEL Dual Motor AWD 77.4 270 $49,865 Limited Dual Motor AWD 77.4 361 $43,656 SEL RWD 77.4

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Teslarati

MAY 31, 2023

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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Baua Electric

AUGUST 20, 2024

Sources familiar with the matter said Yang Heui-won, Hyundai Motor Group’s R&D chief, will head the project. 2025 Hyundai Santa Fe After that, electric Hyundai and Kia pickup trucks will also gain EREV drivetrains. Source: KED Global FTC: We use income earning auto affiliate links. Its massive $7.6B

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Baua Electric

MARCH 4, 2024

Including Kia and Genesis, Hyundai topped American automakers Ford and GM’s Chevy for second behind only Tesla. Although Hyundai’s first three-row electric SUV debuted as the SEVEN concept at the 2021 LA Auto Show, reports suggest it will now go by the IONIQ 9. of the market. of rear legroom. of rear legroom.

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Baua Electric

JANUARY 17, 2024

Hyundai Motor Europe’s best-selling EV is getting even more attractive. Apple CarPlay and Wireless Android Auto support comes standard. Hyundai Motor Group (including Kia) overtook Ford and GM to take second in US EV sales last year, behind only Tesla. FTC: We use income earning auto affiliate links. wide, and 62.2″

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Clean Fleet Report

SEPTEMBER 11, 2024

headquarters for the Hyundai Motor Group. The XRT will be built in the new Hyundai Motor Group Metaplant America (HMGMA) facility in Savannah, Georgia. tax credit at start of sale. If leasing, all Ioniq 5 models qualify for the $7,500 credit that Hyundai passes on to consumers.

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Baua Electric

FEBRUARY 2, 2024

Hyundai Motor (including Kia) topped Ford and GM in EV sales last year despite not qualifying for the EV tax credit (only through leasing). FTC: We use income earning auto affiliate links. Once up and running, which is expected next year, Hyundai’s EVs will qualify.

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Baua Electric

MAY 26, 2023

“We will create a strong foundation to lead the global EV transition through establishing a new EV battery cell plant with LG Energy Solution, a leading global battery producer and long-time partner,” Jaehoon Chang, CEO of Hyundai Motor Co. appeared first on Bauaelectric Auto News. stated within the remark. Associate Hyundai Mobis Co.

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Baua Electric

JANUARY 25, 2024

Meanwhile, Hyundai said it expects the global auto market to continue growing in the future as the shift to electric heats up. Hyundai accelerated construction to take advantage of government incentives like the $7,500 tax credit. FTC: We use income earning auto affiliate links.

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Baua Electric

MARCH 15, 2024

Model 3 registrations were down 23% after losing the $7,500 EV tax credit. Kia was sixth after EV registrations more than doubled YOY. Kia EV9 (Source: Kia) Other automakers, including BMW, Mercedes-Benz, and Cadillac, saw EV registration growth in January. FTC: We use income earning auto affiliate links.

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Baua Electric

FEBRUARY 8, 2024

Kia, Hyundai’s sister company, revealed plans to launch two electric trucks. In the US, Hyundai Motor (including Kia) surged past Ford and GM to become the second top-selling EV brand behind Tesla. And that’s without its electric models qualifying for the federal tax credit (only through leasing).

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Baua Electric

JANUARY 16, 2024

Hyundai and sibling brand Kia combined now rank second in EV sales after Tesla, meaning the two Korean brands are ahead of other established automakers like Ford and General Motors. The Ioniq 6 does not qualify for the $7,500 federal EV tax credit, but neither do the two Model 3 Highland variants released so far.

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Baua Electric

JULY 25, 2024

2025 Kia Sorento plug-in hybrid In the U.S., Many plug-in hybrids lost the federal EV tax credit this year, and pricing was already generally less favorable compared to hybrids in 2023, so there’s cause to wonder whether this growth will continue. lineup in response to what the automaker views as softening EV sales.

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Baua Electric

JANUARY 12, 2024

Deliveries of the medium-duty commercial truck are now underway following following Federal Motor Vehicle Safety Standards (FMVSS) and EPA certification, REE said in a press release. Kia, for instance, announced s PBV lineup this past week that will boast all those by-wire traits—plus potentially even more flexibility.

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Baua Electric

APRIL 25, 2024

Hyundai’s total auto sales fell 1.5% The automaker believes electric models, like the IONIQ 5 and IONIQ 6, will qualify for the federal EV tax credit, which should help boost demand. Hyundai Motor America CEO Randy Parker assured, “Demand for our vehicles, especially EVs, remains high.” of the share (vs 8.2%).

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Baua Electric

JULY 2, 2024

January February March April May June 2024 YTD Total % Chg YTD Hyundai IONIQ 5 sales 1,465 1,993 3,361 3,702 4,449 3,755 18,728 +37% Hyundai IONIQ 5 sales by month through the first half of 2024 The news comes after Kia set a new Q2 EV sales record as demand for its three-row EV9 and low-cost EV6 continues climbing.

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Baua Electric

JUNE 7, 2023

You’ll to find those tales and extra in as of late’s automotive information, proper right here at Motor Authority. Accountable for the design is Anthony Jannarelly, the fashion designer of the Jannarelly Design-1 sports activities automotive. 2025 Volvo EX30 hits 60 mph in 3.4 2025 Volvo EX30 hits 60 mph in 3.4

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Baua Electric

MAY 23, 2024

2024 Hyundai Kona electric (Source: Hyundai) In a new interview , Hyundai Motor America CEO Randy Parker told Electrek that the company remains “all-in” on EVs. EVs built at the facility are expected to qualify for the $7,500 federal tax credit. Source: Automotive News FTC: We use income earning auto affiliate links.

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Baua Electric

FEBRUARY 29, 2024

Including Kia, Hyundai topped Ford (69,163) and GM’s Chevy (63,659) in US electric vehicle registrations in 2023 with over 80,000. Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai) Hyundai is “pulling ahead” to gain access to the $7,500 federal EV tax credit.

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Baua Electric

JANUARY 23, 2024

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.

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Clean Fleet Report

MARCH 2, 2023

Is an EV Genesis, the luxury division of Hyundai Motor Group, began this past week producing its first model in the United States at the sprawling HMG factory in Montgomery, Alabama. Both GV70s share a platform that was specifically designed for a gasoline engine and electric motors. kWh lithium-ion battery.

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Baua Electric

SEPTEMBER 24, 2024

We found that current factory lease offers on 22 different EV models dispel that myth with terms that pass the entire commercial clean vehicle Federal tax credit to the lessee, enabling the lessee to eventually own the vehicle for thousands of dollars less than paying cash upfront or taking out a loan.

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Baua Electric

SEPTEMBER 3, 2024

2025 Volvo EX90 2025 Volvo EX90 2025 Volvo EX90 2025 Volvo EX90 Volvo EX90 is efficient, nimble, and quiet I spent the day with two different Twin Motor Performance versions of the SUV, in the top Ultra trim, both bearing the same $93,345 sticker price , in a spec that will. seconds might suggest. seconds might suggest.

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Baua Electric

JULY 18, 2024

Kia on Tuesday announced that the 2025 Sorento PHEV will cost $49,365 with the mandatory $1,375 destination charge. Neither version is eligible for a federal EV tax credit. Wireless Apple CarPlay and Android Auto are standard with both configurations, with digital key functionality on SX Prestige models.

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The Truth About Cars

MAY 18, 2023

Dual electric motors (74kW and 165kW) combine for 320 horsepower and 446 lb-ft of torque in an all-wheel-drive setup. Meanwhile, the similar Kia EV6 manages to take the same overall shape and use angles much better – the Kia is sexier. Is it a crossover or a hatchback or… It doesn’t really matter. It’s just pretty dang good.

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