article thumbnail

Hyundai, Kia confirm first US-made EVs: $7,500 tax credit eligible?

Green Car Reports

Hyundai on Friday confirmed its first EV for U.S. But neither brand is discussing eligibility for the $7,500 federal tax credit quite yet. The Hyundai Ioniq 5 will be the first model produced at the automaker's EV "Metaplant" near Savannah, Georgia, Jose. production, while the automaker's Kia brand began U.S.

article thumbnail

EV tax credit union boost, Hyundai Tucson PHEV pricing, BMW EV range: Today’s Car News

Green Car Reports

The Hyundai Tucson Plug-In Hybrid beats the RAV4 Prime on affordability. And controversy swirls over a boost being given to unions as part of the EV tax credit. A revamped version of the federal EV tax credit, lifting the. BMW is sitting out the race for more mass-market EV range. We help break down why.

article thumbnail

Hyundai delivers first 2019 NEXO fuel cell SUV to US customer

Green Car Congress

Hyundai delivered its first NEXO fuel cell SUV ( earlier post ) to Tom Hochrad of Ventura, California—the first US customer to drive off in the new NEXO, the only mass-produced fuel cell SUV for the US market, featuring a range up to 380 miles.

Hyundai 390
article thumbnail

Hyundai, Kia, Genesis EVs now qualify for the $7,500 US tax credit for the first time

Electrek

Hyundai Motor Group electric vehicles, including Kia and Genesis models, now qualify for the $7,500 EV tax credit for the first time. The Korean auto giant now has five eligible EVs as it looks to play an even bigger role in the US.

article thumbnail

Hyundai says its first EV plant will open this year to gain the $7,500 tax credit

Electrek

The first Hyundai plant dedicated to building EVs and batteries in the US will be open as soon as this October. According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit.

article thumbnail

2020 Hyundai IONIQ Electric offers 37% more driving range, starts at $33,045

Green Car Congress

The redesigned 2020 Hyundai IONIQ Electric delivers 170 miles of range (an increase of 37% from the previous 124-mile range), technology and advanced standard safety features at a starting price of $33,045 for the SE model. Customers may receive the available federal tax credit of up to $7,500 making the net price $25,545 for the SE.

2020 269
article thumbnail

Hyundai will begin construction on its first EV plant October 25 as it targets US tax credit

Electrek

Hyundai will break ground on its massive $5.5 After several months of lobbying with US officials over EV tax credit changes in the recently passed climate law, the South Korean motor group is officially starting construction on its EV manufacturing plant. And it’s official.