Baua Electric

JANUARY 24, 2024

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. 4s will get full $7,500 EV tax credit appeared first on Bauaelectric Auto News.

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Baua Electric

NOVEMBER 18, 2024

Despite the EV9’s successful debut, new concerns about the EV tax credit are reportedly causing Kia to scale back — at least for now. After another record-breaking US sales month in October, Kia said the impressive growth is driven by “strong demand” for its electrified lineup. billion EV manufacturing plant in Georgia.

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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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The Truth About Cars

OCTOBER 10, 2023

The EV9 will go on sale later in 2023, and Kia will start manufacturing the SUV domestically in 2024 at its plant in Georgia. While it hasn’t been eligible for federal EV tax credits yet, moving production to the United States will give Kia the final North American assembly it needs to qualify its vehicles.

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Baua Electric

JULY 11, 2024

After EV sales more than doubled in the second quarter, Kia looks to keep up the momentum as its new EV9 helps gain market share. Kia’s first three-row electric SUV is already fueling a sales spike. With the Niro EV included the growth was enough for Kia to surpass Hyundai in US EV sales in Q2. Ford 61% 7.2% Kia 135% 5.4%

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Green Car Congress

DECEMBER 10, 2014

Total US sales of plug-in electric vehicles (PEVs)—battery electric and plug-in hybrid electric—have increased in recent years, but still represent only about 0.7% of new vehicle sales in 2014 so far, up from 0.6% sales and use tax. in 2013 and 0.4% Washington has exempted EVs from the state''s 6.5%

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Baua Electric

OCTOBER 1, 2024

Hyundai set a new third-quarter retail sales record in the US, partially driven by “strong demand” for the all-electric IONIQ 5. Hyundai set a new Q3 retail sales record last quarter. Total vehicle sales reached nearly 211,000, up 5% from Q3 2023. Check back for more info soon, as Ford and GM report Q3 sales this week.

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Baua Electric

SEPTEMBER 4, 2024

The Hyundai IONIQ 5 set a new August US sales record ahead of the updated 2025 model, which will arrive at dealerships this fall. Hyundai IONIQ 5 drives record US August sales “This was a record-setting August for Hyundai in total and retail sales,” Hyundai America CEO Randy Parker announced Wednesday.

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Baua Electric

JULY 2, 2024

Kia’s EV sales in the US doubled in the first half of the year, hitting a new record. Kia’s EV sales hit new record in first half of 2024 Kia is on a roll in the US with affordable, long-range models like the three-row EV9 and EV6, reaching buyers. Kia kicked off EV9 production in Georgia in May as the first EV built in the state.

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Green Car Reports

NOVEMBER 4, 2015

Electric-car buyers in Georgia have seen their prospects change dramatically over the past few months. The Peach State previously had one of the most generous incentive programs for new electric-car purchases, offering up to $5,000 in income-tax credits to electric-car buyers.

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Teslarati

JULY 16, 2024

Hyundai Metaplant America to boost its EV sales in the US Besides the 3-row IONIQ EV, Hyundai included the IONIQ 5N EV in its 2025 model year lineup. The IONIQ 5 will be the first EV the South Korean automaker produces in its Hyundai Group Metaplant America (HMGMA) factory in Bryan County, Georgia.

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Green Car Reports

FEBRUARY 9, 2016

For a couple of years, Georgia offered an example to the rest of the nation on how a seemingly unlikely state could boost electric-car sales. Last spring, opponents of the state's generous $5,000 income-tax credit for purchase of a zero-emission vehicle killed off the incentive, in effect since 1998. DON'T MISS.

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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. But despite it already being one of the better EVs out there over the last 3 years of its sales in the US, Kia improved it this morning with some mid-cycle updates. Get started here. –

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Baua Electric

JUNE 17, 2024

billion Metaplant wraps up in Georgia. For now, electric vehicles are the top priority,” Hyundai’s leader added while at an event organized by Georgia Governor Briant Kemp. Hyundai’s top-selling IONIQ 5 set a new monthly sales record in May, with 4,449 units sold. Hyundai’s IONIQ EV brand sales are up 42% YOY as of May.

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Baua Electric

AUGUST 19, 2024

Although IONIQ 5 and 6 sales slipped last month, they are still up 25% and 54% year-to-date, respectively. Meanwhile, sister company Kia continued its record-setting performance in July after EV sales nearly doubled YTD. According to Kelley Blue Book , Kia EV9 sales outpaced the Toyota bZ4X, VW ID.4, Hyundai invested around $7.6

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Green Car Reports

JUNE 12, 2014

Georgia offers buyers of new electric cars a tax credit of up to $5,000--among the highest offered by any state--which is on top of the $7,500 income-tax credit offered by the Federal.'

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Teslarati

OCTOBER 3, 2022

Hyundai has reported record Q3 sales, mirroring its Kia sister brand. Hyundai/Kia continues to grow their sales in the US and are finding a lot of success in their electric vehicle offerings. Both brands will compete with Ford for second place in EV sales in the US, still far from the market leader, Tesla.

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Setec Powerr

MAY 5, 2023

Colorado Colorado offers a state tax credit of up to $4,000 for the purchase or lease of a new electric vehicle. This credit is available for both new and used EVs and applies to both residents and businesses. Georgia Georgia offers an income tax credit of up to $2,500 for the purchase or lease of a new electric vehicle.

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Green Car Congress

OCTOBER 31, 2014

A study by a team from the International Council on Clean Transportation (ICCT) shows that state electric vehicle incentives are playing a significant early role in reducing the effective cost of ownership and driving electric vehicle sales. Source: ICCT. Click to enlarge. —Jin et al. Earlier post.).

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Baua Electric

MARCH 4, 2024

Ford’s EV sales climbed 80% year-over-year (YOY) in February following aggressive price cuts last month. Ford EV sales climb in February following price cuts After EV sales slipped 11% last month in EV sales last month, Ford saw a big improvement in February with 6,368 all-electric vehicles handed over, up 80.8%

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Baua Electric

NOVEMBER 1, 2024

Hyundai’s all-electric IONIQ 5 SUV set a new sales record in the US last month, driving the brand to its best-ever October performance. Hyundai IONIQ 5 tops expectations with upgrades coming Hyundai Motor America sold 71,802 vehicles last month, up 18% from last year and its highest October sales total ever.

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Baua Electric

NOVEMBER 21, 2024

The 2025 Kia EV6 is expected to go on sale in the first half of 2025, with pricing to be announced closer to that time. Assembly will move to Kia’s West Point, Georgia, plant, which also started building the three-row Kia EV9 earlier this year. and that could be the case for the EV6 as well.

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Green Car Reports

JUNE 28, 2016

The continuing tepid sales of the Nissan Leaf electric car, despite a range upgrade to 107 miles, remains one of the puzzles in the plug-in car market. Sure, it's an aging model now in its sixth year with a polarizing design; it lost a huge swath of buyers in Georgia when that state canceled its electric-car tax credit; and gas is cheap.

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Baua Electric

JANUARY 25, 2024

With this, Hyundai’s global EV sales reached 268,785 in 2023. Hyundai attributed the growth to higher sales of its dedicated IONIQ EVs. The company saw solid sales growth across key markets, including North America, Europe, and India. Hyundai aims to be a top three EV maker by 2030 with 18 new models and two million in sales.

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The Truth About Cars

APRIL 16, 2024

Ho Sung Song said that the car, based on the EV3 Concept, would go on sale before the end of 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.

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Green Car Congress

AUGUST 26, 2013

Nissan LEAF sales in the United States are up by 335% year-over-year since the launch of the enhanced 2013 model in March. —Erik Gottfried, Nissan director of EV Sales and Marketing. Georgia has a tax credit worth up to $5,000 for zero-emissions vehicles. area, Maryland offers a $1,000 EV tax credit.

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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. After hybrids accounted for a larger share of sales in the first quarter , Hyundai plans to add hybrid production at the facility. Meanwhile, hybrids accounted for a larger portion of sales in Korea (21% vs. 14.7%), the US (10.9%

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Clean Fleet Report

SEPTEMBER 11, 2024

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. The XRT joins the Ioniq 5 N performance EV, creatomg a third Ioniq 5 variant.

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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

AUGUST 12, 2024

Hyundai three-row IONIQ 9 (SEVEN) electric SUV concept (Source: Hyundai) The timing coincides with the completion of Hyundai’s US Metaplant in Georgia. Hyundai is expected to produce the electric SUV at the new plant to qualify for the $7,500 EV tax credit. The EV9 is also based on the E-GMP platform.

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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

JUNE 19, 2024

Our aim is that sales of EVs account for 14 percent of our total sales in Europe this year – or even a bit more,” Cole told the Automotive News Europe Congress. As a result, EV sales fell 31% last month compared to May 2023. Once up and running, EVs built at the facility are expected to qualify for the $7,500 EV tax credit.

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Baua Electric

OCTOBER 17, 2024

In its first full sales month, the mini electric SUV was Hyundai’s top-selling EV in Korea. The IONIQ 5 (1,222), IONIQ 6 (405), and Kona Electric trailed behind for the company’s best EV sales month so far in 2024. According to Yonhap News , the Casper Electric secured 8,000 orders in its first two weeks.

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Baua Electric

NOVEMBER 8, 2024

The 2025 IONIQ 5 is Hyundai’s first vehicle built at its massive new Metaplant America manufacturing plant in Georgia. 2025 Hyundai IONIQ 5 (Source: Hyundai) All US-built IONIQ 5 models qualify for a $3,750 federal tax credit, but Hyundai is offering the full $7,500 through leasing.

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Baua Electric

JULY 15, 2024

With EV sales up 15% in the second quarter, Hyundai believes it’s found its “sweet spot” in the US. The IONIQ 5 and IONIQ 6 set new sales records in Q2 as Hyundai looks to take a larger market share. billion EV plant in Georgia later this year. Hyundai is already making its mark as the US shifts to electric vehicles.

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Baua Electric

SEPTEMBER 26, 2024

of global EV battery sales in the second quarter. Kia EV3 (Source: Kia) South Korea’s LG Energy Solution (14.7%), Samsung SDI (7.1%), and SK On (4.3%) made the top five in global EV sales. Electrek’s Take Hyundai and Kia are already climbing the global EV sales ranks. According to SNE Research , China’s CATL accounted for 31.6%

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Baua Electric

OCTOBER 28, 2024

It will be built alongside Hyundai’s updated 2025 IONIQ 5 at its new Metaplant America in Georgia. Hyundai IONIQ 9 spotted ahead of November debut (Source: ShortsCar) New EVs built at the facility will initially qualify for a partial $3,750 tax credit. The IONIQ 9 will likely also include one, as it is a US-made model.

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