The Truth About Cars

DECEMBER 11, 2024

Honda recently added a sweet financing deal and thousands off the SUVs sticker price, which could push sales even higher. Hondas also offering up to $5,000 in dealer cash, which can be combined with the zero-percent offer, and buyers can still get the $7,500 tax credit. Over time, that could add up to thousands in savings.

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The Truth About Cars

AUGUST 23, 2023

Kia will continue building sedans, but cars have fallen off in favor as SUVs and trucks have taken over the world. The automaker’s factory in Monterrey, Mexico, builds the Rio, and the company is expected to retool the facility for EV production. Average vehicle purchase prices in the U.S.

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Teslarati

OCTOBER 12, 2023

As of writing, Say’s webpage for the Tesla Q3 2023 earnings call features a variety of notable questions, spanning topics from Tesla’s factories like Gigafactory Mexico to future projects like Optimus and the dedicated Robotaxi. When do you expect Model 3 Highland to be available in the US?

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The Truth About Cars

AUGUST 16, 2024

Both are owned by Geely, a Chinese corporation, but to get around tariffs on the upcoming Polestar 3, the automaker has moved production of the electric SUV to Volvo’s factory in South Carolina. Polestar joins Volvo and other automakers in localizing vehicle production to cope with tariffs and tax credit eligibility.

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Baua Electric

SEPTEMBER 3, 2024

In its first full sales month, the company sold just over 4,000 EV3 models as the electric SUV hits new markets. The compact electric SUV was showcased alongside other affordable EV concepts, including the EV4 and EV5. Kia is also expected to build the EV3 in Mexico to take advantage of the US tax credit.

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Baua Electric

MARCH 22, 2024

The BMW Vision Neue Klasse X is an electric SUV that forecasts a model due to start production in Debrecen, Hungary, in 2025. Like the previous sedan concept, the Vision Neue Klasse X features a minimalist look , although the SUV sports a prominent version of BMW’s signature twin-kidney grille. federal tax credits.

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Baua Electric

MARCH 22, 2024

The BMW Vision Neue Klasse X is an electric SUV that forecasts a model due to start production in Debrecen, Hungary, in 2025. Like the previous sedan concept, the Vision Neue Klasse X features a minimalist look , although the SUV sports a prominent version of BMW’s signature twin-kidney grille. federal tax credits.

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The Truth About Cars

AUGUST 26, 2024

The SUV comes standard with a 85 kWh battery pack and output of 300 horsepower and 354 pounds of torque. The Optiq will qualify for a $7,500 federal tax credit, as it will be built at a General Motors facility in Mexico. The Luxury 2 starts at $56,590 and the top Sport 2 at $57,090.

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Baua Electric

NOVEMBER 14, 2024

Kia’s new models will feature its latest design theme, shown in its next-gen EV models like the three-row EV9 and compact EV3 electric SUVs. It will likely be the smaller EV3 electric SUV. Earlier this week, Kia said the compact electric SUV is now available in Europe with a “segment-leading” range of up to 375 miles.

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Clean Fleet Report

AUGUST 16, 2024

All-New, All-Electric Midsize SUV The all-new 2024 Honda Prologue should be a comfortable transition for loyal Honda owners going from gasoline to their first all-electric car. Either way, the Prologue will make for a good, but not sporty, handling SUV. It also looks like no other Honda SUV, which is probably what Honda was going for.

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Baua Electric

JANUARY 14, 2025

Hyundai IONIQ 5 drives new EV export record in 2024 Since launching in February 2021 , Hyundais electric SUV has continued winning over buyers around the world. In the US, Hyundais electric SUV was the fifth best-selling EV in 2024 , behind only the Tesla Model Y, Model 3, and Ford Mustang Mach-E.

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Baua Electric

SEPTEMBER 11, 2024

Kia confirmed plans to launch new AWD and GT variants for its electric EV3 SUV. million), Kia’s new electric SUV racked up over 10,000 reservations in 23 days. Kia’s new electric SUV was a bright spot in August despite overall sales slipping in Korea (-4.1%) and overseas (-1.4%).

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Baua Electric

NOVEMBER 13, 2024

The KBB report notes several EV models, including the Honda Prologue and Chevy Equinox EV, are battling for market share in the midsize SUV segment. 2024 Honda Prologue Elite (Source: Honda) In October, the ATP for midsize SUVs was $48,977, within 1% of the industry average of $48,623. And that’s before the $7,500 tax credit.

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Baua Electric

OCTOBER 4, 2024

Kia’s new E-Value offer allows you to buy the all-electric EV3 SUV for as little as $67 per month in Korea. Kia’s compact electric SUV features its latest tech and design style, as shown in the flagship EV9, but in a smaller, more affordable package. With a potential tax credit, EV3 prices could fall under $30,000.

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Baua Electric

FEBRUARY 26, 2024

A large family SUV , dubbed a sort of “Giga-Panda,” also gets a concept, as well as a camper van, which also pays homage to the Panda from the 1980s, “recalling the versatility of a car that was made from the city with the features of an SUV and the soul of a trusty companion.” That’s some press-speak for you.

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Baua Electric

MARCH 4, 2024

However, Mach-E sales were down 20% through the first half of 2023 as Ford retooled its Cuatitlan, Mexico plant, where the EV is assembled. Rivian’s R1S electric SUV was the seventh best-selling EV last year, with over 24,783 units sold. over last year. Ford sold 2,930 Mustang Mach-E models in February, up 64.3%

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Baua Electric

JANUARY 10, 2024

Unlike many of those hulking SUVs we’re seeing, this sweet retro-styled city car is one of the lightest and cheapest EVs on the market. It starts at a reasonable $32,500 plus a $1,595 destination fee, although it’s not eligible for the $7,500 federal tax credit.

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EV Adoption

NOVEMBER 26, 2021

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

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Baua Electric

MAY 29, 2024

While that price tag won’t be anywhere as affordable as the XT4 ($39,090 base), Cadillac’s gasoline-fueled compact entry SUV, if it qualifies for the $7,500 EV tax credit it will cost about the same, effectively, as today’s XT5 SUV ($47,290 base) while providing much more cargo and passenger space.

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EV Adoption

NOVEMBER 29, 2021

In my previous article, Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives , I outlined and analyzed 13 proposed changes to IRC 30D (federal EV tax credit). But all of these PHEVs have batteries of around 9 kWh and so they could easily be upgraded to 10 kWh to qualify for the tax credit.

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Baua Electric

MARCH 16, 2024

In a review of the 2024 Volvo XC90 Recharge , GCR found that this already appealing Swedish SUV package adds more electric range, more power, and more refinement, making it now a nearly ideal pick for families who aren’t always sure about where they’ll be plugging in on the go. With the recent addition of the Volkswagen ID.4

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Teslarati

MARCH 4, 2025

Credit: Tesla Tesla North America announces a new set of incentives for the reengineered Model 3 sedan. buyers must put a down payment of at least 15 percent down, though Tesla also says the federal tax credit can go toward this if eligible. On the Mexico order configurator, neither of these promotions are currently available.

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Baua Electric

NOVEMBER 21, 2024

BMW Group Plant Debrecen, Hungary The first Neue Klasse model will be an SUV previewed by the Vision Neue Klasse X concept revealed earlier this year. Production in San Luis Potosí, Mexico , will then follow in 2027. The post BMW Neue Klasse electric SUV enters pre-production status appeared first on Bauaelectric EV News.

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Charged EVs

SEPTEMBER 22, 2022

The provision that’s gotten the most press is a redesign of the federal EV tax credit—that’s only natural, because it’s the policy that’s most likely to directly affect the average consumer, and because politicians love to talk about tax breaks. Credit where credit is due.

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Baua Electric

MAY 12, 2024

2024 Hyundai Ioniq 6 Kia has confirmed that its compact EV3 electric SUV is production-bound and will arrive next year. Rivian is rejiggering the production capacity of its plant in Normal, Illinois, to accommodate up to 155,000 of its more affordable R2 SUVs annually. But the Ioniq 6 doesn’t quite get it right on all its details.

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Baua Electric

JANUARY 6, 2025

Consumer tax credits from the IRA and the leasing loophole could be affected. Tariffs and import duties on vehicles, even those sourced from Mexico and Canada, could be impacted. This was largely caused by high sales growth of BYD PHEVs and Li Auto extended-range electric vehicle (EREV) SUVs.

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Baua Electric

JUNE 18, 2024

The Kia EV3 electric SUV could be assembled in Mexico for the U.S. market, a move that could allow it to be eligible for a federal tax credit and hit a $30,000 price point, reports Korean Car Blog (via Electrek ). The North American version, codenamed SVm, is reportedly scheduled to start testing later this year.

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