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Kia to build $30,000 EV3 in Mexico, unlocking US EV tax credit

Electrek

A new low-cost EV is primed to hit the US market. Kia plans to build its new EV3 in Mexico as it looks to take advantage of the US electric vehicle tax credit.

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Kia and Hyundai to build EVs in Mexico for IRA tax credit eligibility

Electrek

The Governor of New Nuevo León, Mexico, announced a new (potential billion-dollar) investment from Kia to expand its plant in the region and produce two EVs together with Hyundai. The move comes as the two automakers look to ensure EV models qualify for the IRA tax credit.

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Second Tesla center in New Mexico to open on Santa Ana Pueblo

Teslarati

Tesla is building its second sales, service and delivery center on tribal land. The Pueblo of Santa Ana announced a new Tesla Center on the Tamaya Indian Reservation last Friday. . The new Tesla Center will occupy four acres of land in the Pueblo’s Master Business Lease/Business Development District.

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Ram hydrogen fuel-cell truck, BMW EV batteries, rural charging: Today’s Car News

Baua Electric

BMW has started building a battery plant in Mexico that will provide more energy-dense cylindrical cells for longer range and faster charging in next-generation Neue Klasse EVs. If Inflation Reduction Act rules remain, the products might eventually qualify for the EV tax credit. This and more, here at Green Car Reports.

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Another One Bites the Dust: Kia Killing the Rio After 2023

The Truth About Cars

Kia will continue building sedans, but cars have fallen off in favor as SUVs and trucks have taken over the world. As Automotive News pointed out, the shift is likely tied to Kia’s electrification ambitions. Average vehicle purchase prices in the U.S. Image: Kia] Become a& TTAC& insider.

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China is Unhappy with the Inflation Reduction Act and Has Complained to the WTO

The Truth About Cars

Among many other things, the Inflation Reduction Act changed the way EV tax credits work in the United States. With an eye on reducing America’s dependence on Chinese batteries and materials, the Act incentivizes automakers to source materials from free-trade-compliant countries and build EVs in North America.

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Kia to launch affordable EV4 electric sedan next year with an ambitious production goal

Baua Electric

Kia will launch EV4 production in early 2025, aiming to build 70,000 models a year to meet the demand for affordable EVs. A new affordable EV is coming next year Kia unveiled the EV4 last October as part of its new lineup of mass-market electric vehicles. It aims to build 70,000 EV4 models a year.

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