Baua Electric

JANUARY 21, 2025

In a sudden reversal, Hyundais new IONIQ 5 and IONIQ 9 EVs no longer qualify for the $7,500 US tax credit. Although this is a major blow to one of the top-selling EV brands in the US, there is still a way you can get the credit. billion EV plant in Georgia in October. Genesis, Hyundais luxury brand, also lost eligibility.

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The Truth About Cars

JUNE 26, 2024

Kia said the EV4 will arrive in 2025 and noted that it plans to build 70,000 units annually. EV tax credits, but Kia has begun production of the EV9 in Georgia, and Hyundai will follow suit soon. assuming it comes here. Both automakers have not yet been able to meet the requirements for U.S.

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Baua Electric

MARCH 28, 2024

Kia expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. Kia currently builds the EV9 in Korea but expects to move production to the US by the end of May. The EV9 is expected to qualify for the full $7,500 tax credit by early 2025. With that included, the EV9 starts at just $51,395.

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Baua Electric

SEPTEMBER 26, 2024

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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Teslarati

MAY 31, 2023

LG Energy Solutions (LGES) and Hyundai teamed up to build a battery cell manufacturing plant in the United States. 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. based battery plant.

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Baua Electric

OCTOBER 4, 2024

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. Just last week, the plant added its 18th supplier as Hyundai builds an extensive US network.

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Teslarati

FEBRUARY 28, 2024

Hyundai Motor Group’s Metaplant America (HMGMA ) in Georgia will likely boost its electric vehicle (EV) sales in the United States. The Asian car company is also building a $5 billion EV battery cell plant with SK ON in Georgia, which is expected to employ 3,500 workers. Hyundai Motor Group is investing $7.59

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Cars That Think

SEPTEMBER 27, 2022

As coal plants close, they leave behind empty building shells and scores of lost jobs. Plant operators might save on costs, with transmission lines, cooling towers, office buildings, and roads already in place. Only one nuclear power plant is currently under construction in the United States, in eastern Georgia.

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Teslarati

FEBRUARY 12, 2024

The base model Rivian R1T and R1S now start at $71,700 and $76,700, respectively, including shipping but before a $3,750 federal tax credit—though buyers can also access the full $7,500 if leasing. “Like every electric vehicle producer with a U.S.

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Teslarati

APRIL 25, 2023

The South Korean companies invested $5 billion in Bartow Country, Georgia, to build the EV battery plant. Each company is taking a 50% stake in the Georgia battery facility. US battery guidance might slash IRA EV Tax credits Hyundai will use the cells to produce Hyundai, Kia, and Genesis EV models within the United States.

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Baua Electric

FEBRUARY 27, 2024

February 26, 2024, will forever be known as Hyundai Day in the state of Georgia as the automaker gears up to begin production at its first dedicated EV and battery plant in the US later this year. Hyundai announced its fast-tracking production at its Hyundai Motor Group Metaplant America (HMGMA) in Georgia. Hyundai is investing $7.59

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Green Car Congress

JULY 21, 2016

Georgia Power. Southern Company: Georgia Power. It will also list current tax credits and incentives applicable to EV charging. The Standard for High Performance Green Buildings will consider a revision to encourage EV-ready building practices. Dayton Power & Light Company. Duke Energy. Eversource Energy.

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The Truth About Cars

APRIL 16, 2024

It's important to note that Kia hasn’t confirmed the EV3 for American buyers, but it’s hard to imagine that an affordable electric model wouldn’t at least cover its costs here, even without federal tax credits. That, and the brand needs an entry-level model to push buyers higher in the lineup over time.

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Baua Electric

OCTOBER 30, 2024

was recently shifted to Kia’s West Point, Georgia, plant. Hyundai has its own Georgia EV “Metaplant” that’s slated to build 2025 Ioniq 5 models, but Hyundai will also have to make room for the Ioniq 9 to make that model tax-credit eligible.

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Baua Electric

JULY 15, 2024

recently began shifting to that brand’s West Point, Georgia, factory. Hyundai has its own Georgia EV “Metaplant” that will initially build the Ioniq 5, but Hyundai will also have to make room for the three-row model in order to make it tax-credit eligible.

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Baua Electric

JANUARY 8, 2025

The refreshed IONIQ 5 was the first vehicle to roll off the assembly line at Hyundais new EV plant in Georgia. Build in the US, it now qualifies for the $7,500 federal tax credit for the first time. In addition to the $7,500 EV tax credit, all trims feature a $7,500 Retail Cash Bonus. But thats not all.

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Baua Electric

FEBRUARY 3, 2025

This milestone marks progress for the solar industry and reinforces the essential role energy policies play in building up the domestic manufacturing industry that American workers and their families rely on. SEIAs strategy has focused on building out domestic module production first to create demand for upstream components.

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Baua Electric

JANUARY 9, 2025

Hyundai plans to continue making large-scale investments to build EV-only facilities in 2025. Last year, Kia began production at its new Gwangmyeong EVO Plant, where it builds the new EV3. billion EV plant in Georgia. Hyundai IONIQ 5 production at its Ulsan Plant (Source: Hyundai) Another KRW 12 trillion ($8.2

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Baua Electric

JANUARY 25, 2024

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. Hyundai accelerated construction to take advantage of government incentives like the $7,500 tax credit.

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Baua Electric

NOVEMBER 21, 2024

Better yet, the model will now be produced in Kia’s plant in Georgia, offering easier access to US tax credits. Finally, the EV6 is embracing North America in another way, by moving production of the vehicle to Georgia (except the GT trim level). Don’t say we didn’t warn you.

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Baua Electric

APRIL 25, 2024

Hyundai will add hybrid production lines at its dedicated EV plant in Georgia as demand rises. Hyundai adds hybrids at its new dedicated EV plant Hyundai is shaking things up after initially announcing plans to build a $5.5B EV assembly and battery plant in Bryan County, GA.

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Baua Electric

MARCH 10, 2024

Which affordable EV regained its EV tax credit eligibility this week? Rivian used the moment to pause (and delay) plans for its massive Georgia plant to get the R2 to production by early 2025. With the price cut, the Blazer EV will cost $50,195, or just $42,695 to households who can take advantage of the $7,500 tax credit.

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Baua Electric

OCTOBER 1, 2024

The sales growth comes despite Hyundai unveiling the updated 2025 IONIQ 5 , which will be the first vehicle built at its new Georgia EV plant opening this month. With new models rolling out, like the Chevy Blazer, Equinox, and Silverado EVs, GM expects to build momentum into the end of 2024.

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Baua Electric

JANUARY 3, 2025

Hyundai began production at its massive new EV plant in Georgia, where it will produce new EVs like the upgraded 2025 IONIQ 5 and three-row IONIQ 9. Toyota also scrapped plans to build new Lexus electric SUVs in North America. Instead, the new Lexus EV models will be imported from Japan.

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Baua Electric

NOVEMBER 21, 2024

Assembly will move to Kia’s West Point, Georgia, plant, which also started building the three-row Kia EV9 earlier this year. built EV9 still only qualifies for a $3,750 federal tax credit —half the full amount—because its batteries aren’t sourced from the U.S.,

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Baua Electric

JANUARY 3, 2025

Hyundai opened its massive new EV plant in Georgia late last year and is building new models like the upgraded 2025 IONIQ 5 and three-row IONIQ 9. New EVs built at the facility now qualify for the $7,500 federal tax credit for the first time. Let us know your thoughts below.

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Baua Electric

JANUARY 3, 2025

Parker said the confidence comes from exciting new models like the IONIQ 9 and increased US production ramping up at its new EV plant in Georgia. Hyundai IONIQ 9 three-row electric SUV (Source: Hyundai) Hyundai began building EVs at the facility in October, starting with the upgraded 2025 IONIQ 5. Check back soon for more info.

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Baua Electric

DECEMBER 3, 2024

All US-built Hyundai EVs qualify for a partial $3,750 tax credit, but Hyundai is passing the full $7,500 on through leasing. Based on customer feedback, Hyundai added several physical buttons. Once the battery plant opens next year, Hyundai expects US-made EVs will be eligible for the full $7,500.

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Baua Electric

MARCH 12, 2024

billion Metaplant in Georgia, which is expected to begin building vehicles later this year. Hyundai expects models built at the facility will qualify for the $7,500 EV tax credit. It’s expected to be built at Hyundai’s new $7.6

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Baua Electric

MARCH 7, 2024

Rivian is targeting an entry price of $45,000 for the R2, which with potential qualification for the EV tax credit, would make it less than $40,000 for many American families. The R2 is 185.6 inches long, 75.0 inches wide, and 66.9 At face value, the R2 looks like a great market opportunity to seize.

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Baua Electric

OCTOBER 21, 2024

This past week I drove the ID.Buzz not in San Francisco but on the rural back roads and through the suburban communities of north Georgia. inches without the mirrors, and on the narrow Georgia backroads, with no shoulder, I appreciated its predictable behavior and easy lane placement. The ID.Buzz is quite wide, at 78.1

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Plug in America

JULY 22, 2024

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. The impact of the IRA is huge.

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Teslarati

APRIL 22, 2024

In April 2023, SK On and Hyundai announced a $5 billion investment in Bartow County, Georgia, for a battery production facility. The two companies plan to build a 35 GWh battery facility to produce enough cells for 300,000 electric vehicles. SK On also partnered with Ford to build a $800 cathode plant in Canada.

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Baua Electric

FEBRUARY 10, 2025

Rendering: FREYR FREYR Battery (NYSE: FREY) has scrapped plans to build a $2.6 billion battery energy storage system factory in Coweta County, Georgia heres why. The post FREYR kills plans to build a $2.6 billion battery factory in Georgia appeared first on Bauaelectric EV News. Get started here.

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Charged EVs

AUGUST 1, 2023

The company is currently building a graphite processing plant in Kellyton, Alabama. Fast forward to today and Westwater is building a graphite plant in Alabama, and people are eager to buy our capacity. 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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Baua Electric

NOVEMBER 25, 2024

Hyundai’s new EV plant in Georgia is now up and running. Watch Hyundai’s new EV plant go up from space Production officially began at the new Hyundai Motor Group Metaplant America (HMGMA) in Bryan County, Georgia last month. billion in investments in Georgia. The massive $7.6 2022 and Oct.

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Cars That Think

NOVEMBER 20, 2023

government was going to try a whole bunch of different government interventions—incentive programs, tax credits, grants, infrastructure investments—to bend the trajectory of our energy transition. The best we can do is to build tools that allow us to explore possible futures.” And Oregon is pretty transparent.

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