Baua Electric

JULY 11, 2024

Kia sold more electric vehicles in the US in Q2 than its sister company, Hyundai. With the Niro EV included the growth was enough for Kia to surpass Hyundai in US EV sales in Q2. of the market in Q2, topping Hyundai’s 5.1% Hyundai 21% 5.1% With the $7,500 federal tax credit, prices could fall to as low as $48,995.

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Baua Electric

JUNE 17, 2024

Despite the competition pulling back, Hyundai is racing full speed ahead as it looks to close the gap with Tesla in the US electric vehicle market. Hyundai Motor Group CEO Chang Jae-hoon confirmed EVs are “the top priority” in the US as construction on its massive $7.59 Hyundai’s IONIQ EV brand sales are up 42% YOY as of May.

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Baua Electric

MARCH 6, 2024

Hyundai unveiled a sleek new IONIQ 6 Black Edition this week. Hyundai unveils IONIQ 6 Black Edition Following the launch of the updated IONIQ 5 earlier this week, Hyundai revealed another new model in Korea. Hyundai revealed the IONIQ 6 Black Edition. Hyundai is giving up to 1.6 We can help you get started today.

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Baua Electric

JUNE 3, 2024

If you’re seeing more electric Hyundai SUVs out and about, it’s not just you. Hyundai Motor America sold a record number of IONIQ 5 models in May as EV sales continue trending higher. Hyundai has continued its hot streak this year despite talk of an “EV slowdown.” In April , Hyundai sold 3,702 IONIQ 5s, up 59% YOY.

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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.

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Baua Electric

JANUARY 3, 2024

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. GM to give $7,500 incentive for non-qualifying EVs Two weeks ago, GM said the new Chevy Blazer EV and Cadillac Lyriq would lose eligibility for the US EV tax credit at the beginning of 2024. Until then, GM will fill in the gap for buyers.

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Baua Electric

JULY 2, 2024

Hyundai is showing no signs of slowing down in the US EV market after a record-breaking second quarter. The Hyundai IONIQ 5 and IONIQ 6 both set new Q2 sales records as demand for long-range EVs at an affordable price continues to climb in the US. Hyundai sold 3,755 IONIQ 5 models in the US last month (+20% YOY), a new June record.

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Baua Electric

JANUARY 25, 2024

Hyundai sold 268,785 EVs last year as demand for the IONIQ 5 and IONIQ 6 picked up. Hyundai sold 268,785 EVs in 2023 During the last three months of 2023, Hyundai sold over 57,975 electric vehicles globally. With this, Hyundai’s global EV sales reached 268,785 in 2023. billion EV and battery plant in late October.

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Baua Electric

JANUARY 16, 2024

New incentives can make the 2024 Hyundai Ioniq 6 much cheaper than the newly updated Tesla Model 3, according to CarsDirect. But for those purchasing rather than leasing, the rebate drops the Hyundai’s base price from $38,615 to $31,115. Hyundai already gave the Ioniq 6 a $4,100 price cut for 2024 , versus 2023.

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Baua Electric

JUNE 7, 2024

Several automakers, including Hyundai , Kia, and Tesla, are now offering long-range EVs (those with at least 300 miles range) that are cheaper to buy than the average gas-powered car in the US. Hyundai, Kia, and Tesla models with at least 300 miles of range cost less than popular gas cars like the Toyota Camry or Rav4.

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Baua Electric

APRIL 25, 2024

Following similar announcements from rivals, Hyundai is adding more hybrids to its lineup as a bridge to its next-gen EVs. Hyundai will add hybrid production lines at its dedicated EV plant in Georgia as demand rises. Hyundai Q1 2024 sales by region (Source: Hyundai) Overall, EVs accounted for 4.5% (vs 6.5% vs. 15.9%).

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Baua Electric

JANUARY 12, 2024

With a new special cash offer, the 2024 Hyundai IONIQ 6 can be significantly cheaper to buy than the upgraded Tesla Model 3 Highand. Hyundai is offering a $7,500 purchase incentive on the 2024 IONIQ 6. It’s essentially like receiving the full EV tax credit with a new purchase. That’s to buy, not for a lease like previous deals.

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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 In the US, Hyundai shattered its sales record for the third year in a row.

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Baua Electric

FEBRUARY 8, 2024

Is the Hyundai IONIQ T10 the electric truck we’ve been waiting for? A new trademark filing for an IONIQ T10 suggests Hyundai could be aiming for Ford’s F-150 Lightning. Is Hyundai launching an electric IONIQ T10 pickup truck? In June, Hyundai unveiled its new EV platform. We can help you get started today.

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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 12, 2024

After the IONIQ 5 earned Hyundai’s first N-brand treatment, it’s now due for a rugged, off-road XRT upgrade. Hyundai revealed the new IONIQ 5 refresh earlier this month, which includes several design upgrades, a bigger battery (with more range), and an added rear wiper. It’s expected to be built at Hyundai’s new $7.6

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Baua Electric

MARCH 11, 2024

As the Hyundai IONIQ 9 gets closer to its official debut, we are finally getting a sneak peek of what we can expect. Hyundai’s first three-row electric SUV was spotted testing, revealing its large body and sleek design. Hyundai is already making its presence known in the global EV market with its current IONIQ 5 and IONIQ 6.

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EV Life

JUNE 29, 2023

The bill puts forth several measures aimed at advancing decarbonization in the state, including tax credits for industrial facilities to implement emission-reducing improvements, new spending for geothermal energy projects and geothermal electricity generation, the construction of sustainable aviation fuel production facilities, and more.

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Baua Electric

MARCH 4, 2024

The first three-row electric SUV from Hyundai will be named the IONIQ 9. Hyundai plans to change the name of the electric SUV from IONIQ 7 to IONIQ 9 as it looks to build off Kia’s success with the EV9. According to S&P Global registration data, Hyundai was the fourth best-selling EV brand in the US last year, with 4.5%

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Teslarati

JULY 11, 2023

For context, dealers have about 54 days’ worth of inventory for gasoline-powered cars. The Kia EV6, Hyundai Ioniq 5, and Nissan Ariya are also seeing their inventories stacking up. The Hummer EV SUV, for one, is too expensive to qualify for the IRA incentives, and the Hyundai Ioniq 5 is an imported unit.

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Baua Electric

MAY 28, 2024

The Hyundai IONIQ 6 / Credit: Hyundai North America Last February there were nine EVs that leased for an average monthly cost of under $400 before tax and license. Hyundai dealers don’t stock many of these gems. Let us help you find a Hyundai Kona Electric in your area.

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Baua Electric

FEBRUARY 25, 2024

Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai) There’s a loophole in the stricter IRA federal tax credit that only applies $3750 rebates on North American-built cars and separately $3750 on domestic batteries. For whatever reason, all EVs get the full $7500 applied to leases, however.

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EV Adoption

JUNE 21, 2022

Nine of these EVs have a base MSRP of less than $35,000 and another nine would have a net effective price below $30,000 when factoring in the applicable federal EV tax credit. And buyers in some states may qualify for further incentives including rebates or no sales tax, along with some utilities also providing rebates.

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Green Car Reports

DECEMBER 8, 2010

launch of the 2011 Hyundai Sonata Hybrid has slipped a month, just enough to preclude buyers from taking advantage of a $1,300 Federal tax credit that expires December 31. According to Hyundai, the first cars will now reach dealers in January or perhaps later, rather than in early or mid December as it had originally hoped.

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Green Car Congress

FEBRUARY 9, 2018

Hyundai unveiled the redesigned 2018 Sonata Hybrid and Plug-in Hybrid models at the Chicago Auto Show. Sonata Plug-in Hybrid buyers are currently eligible for a $4,919 federal tax credit. Hyundai engineers implemented many active safety technologies for the Sonata Hybrid and Plug-in to assist drivers and help prevent accidents.

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Teslarati

OCTOBER 23, 2023

Texas is one of a handful of states that prohibits direct vehicle sales, meaning that Tesla is not allowed to sell its EVs in the state without doing so through a franchise, dealer or third-party retailer. The funding is set to replace revenue lost from EV owners not paying road maintenance taxes normally charged at the gas pump.

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Baua Electric

SEPTEMBER 4, 2024

Kia’s dealer sales were higher than any month in company history,” Kia America’s vice president of sales, Eric Watson, announced Wednesday. It will follow Hyundai, which revealed its updated IONIQ 5 this week. Kia just set another US sales record in August, with more cars sold than in any month in company history.

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Green Car Congress

MAY 26, 2015

Hyundai began the US rollout of the 2016 Hyundai Sonata Plug-in Hybrid Electric Vehicle (PHEV) ( earlier post ) and its conventional hybrid sibling (HEV) with a series of media drives in California—one of the main markets for the PHEV, which offers some 24 miles (38.6 km) of all electric range and a 9.8 Earlier post.).

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EV Central

APRIL 16, 2024

That’s the findings from the Automotive Insights Report analysing March 2024 used car sales compiled by AutoGrab and the Australian Automotive Dealer Association. per cent) Hyundai Kona – 270 (3.6 Hyundai Kona Electric EV. READ MORE: We buy a used Porsche Taycan! per cent) Tesla Model Y – 596 (7.9 per cent) MG ZS EV – 469 (6.2

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Baua Electric

JANUARY 6, 2024

Which EVs made the tax-credit shortlist in 2024? 2024 Rivian R1S A preliminary list of 2024 EVs qualifying for the tax credit was released early this week by the EPA, and as expected there are very few models qualified for the full $7,500 amount. The plan will include up to 50 dealers in the U.S. Which company faced a $1.7

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Teslarati

OCTOBER 6, 2023

The EV9 will be the first vehicle Kia assembles in North America, making it eligible for the Inflation Reduction Act’s tax incentives. The South Korean automaker recently announced that North American customers may start reserving the three-row EV9 SUV on October 16, 2023, at 10 a.m.

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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. All base pricing includes the mandatory $1,125 destination fee, and qualifies for the federal $7,500 tax credit and any state rebates.

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Baua Electric

MAY 12, 2024

Leapmotor vehicles are likely to be sold via Stellantis India’s existing dealers, which have seen suboptimal volumes so far. Leapmotor will leverage its resources locally in many markets it enters, including the manufacturing facility and dealer network,” the source added. Leapmotor, which sold a 20% stake for €1.5

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Baua Electric

MAY 2, 2024

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. CarsDirect notes that the Honda Fit EV qualifies, but the Hyundai IONIQ Electric doesn’t.

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Electric Vehicles India

MARCH 7, 2023

56 Hyundai Motors 48 111 8 500.0 -57 BMW, Hyundai Motors, Volvo, Mercedes-Benz, KIA Motors have sold a decent number of e-cars and the values can be seen in the table above. E-car manufacturer Feb’ 23 Jan’ 23 Feb’ 22 YoY% MoM% TATA Motors 3,776 2,426 2,316 63.04 56 MG Motors 345 425 38 807.89 -19 BYD India 228 132 12 1800.0

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Baua Electric

AUGUST 17, 2023

for a number of causes: The logo is in large part unknown; the VF 8 is priced above alike automobiles from Ford, Volkswagen and Hyundai; and Tesla’s value cuts to the Style Y manufacture the market-leading crossover extremely aggressive. Analysts say VinFast faces headwinds within the U.S. The post VinFast’s paltry U.S.

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Baua Electric

APRIL 22, 2024

2024 Kia EV9 (Source: Kia) Although Kia expects the EV9 will qualify for the $7,500 federal EV tax credit, it may not be until next year. The price cuts come as many automakers, including BMW, Tesla, Hyundai, Ford, and several others, are making the same move. We can help you get started today.

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