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Korean EVs now qualify for the $7,500 federal tax credit - but it may be too late
The Korean automotive group's models that qualify for the credit include the Kia EV6, Kia EV9, Genesis GV70, Hyundai Ioniq 5, and Hyundai Ioniq 9. So far, only 18 vehicles will qualify for the tax credit in 2025 as the requirements have become stricter.
Winners and losers as the EV tax credit rules change for 2025
The $7,500 tax credit is split into two components. $3,750 is available if the battery components are made or assembled in the US. The other half now requires that 60 percent of the critical minerals in the battery—things like lithium,
Tighter Regulations Means Reduced Federal EV Tax Credit Eligibility In 2025
New regulations on materials sourcing disqualifies some EVs, and qualifies some new ones, for the $7,500 federal EV tax credit.
1d
on MSN
Tesla set for a $1 billion windfall in Europe after rivals fail to sell enough EVs
The EV giant is banding together with major competitors including Ford, Stellantis, and Toyota to help them meet European ...
1h
The 10 Bestselling EVs of 2024
Lots of EVs saw significant sales increases in 2024, but none of the traditional automakers could come even close to the numbers put up by Tesla.
2d
on MSN
The 4 coolest EVs and car tech we saw at CES 2025
CES 2025 is wrapping up, and as always, the show delivered a bold vision of what’s next in automotive tech. This year, the ...
1d
Oshkosh Ready for Possible USPS Shift to Gas Trucks From EVs
Oshkosh Corp. is prepared to provide the US Postal Service more gas-powered mail trucks if the agency cuts back orders for ...
2d
on MSN
China's EVs Drew Big Crowds At CES. They Should Make Everyone Else Nervous
It has an 800-volt electric architecture—very few U.S.-spec EVs do, but China overwhelmingly leads the way there—and can ...
PCMag on MSN
1d
5 Top Takeaways From CES 2025: Plenty of Copilot+ PCs, But Where Were the EVs?
At CES, companies raced to add AI to pretty much everything, PC makers pushed the boundaries of performance, and smart ...
3d
Honda shows off “nearly production” EVs and new operating system at CES
At last year's CES, Honda showcased prototypes that embodied the Zero platform ethos of "Thin, Light and Wise." This year, ...
cbtnews
3d
Cox Automotive’s 2024 CBJ study reveals EVs leading in satisfaction and digital engagement
The 2024 Cox Automotive Car Buyer Journey (CBJ) Study reveals that new-car buyer satisfaction has reached a record high, with ...
5d
Porsche walks back EVs - people still want gas cars
Porsche customers are reportedly not taking kindly to electrification, and the marque is more than willing to accommodate.
1d
on MSN
Mercedes-Benz EVs will get access to Tesla’s Supercharger network next month
Mercedes-Benz is the latest automaker to adopt NACS now that Tesla’s charging tech has established itself as the standard.
Fleet Owner
1d
Two fleets discuss the pains of EVs and their benefits—both expected and unexpected
This second part of FleetOwner's side-by-side comparison of two fleets' electrification journeys examines the headaches and ...
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