Hyundai & Kia Electrify US Market with New Tax Credits

Good news for EV enthusiasts! Hyundai and Kia’s electric models, including the Ioniq 5 and Kia EV9, now qualify for the $7,500 US federal tax credit, thanks to their $7.6B Georgia Metaplant America ramping up production in October 2024. This brings the total eligible vehicles to 25 across 10 brands. Hyundai’s US EV sales soared by 30.3% last year. However, brace yourselves—the incoming Trump administration is rumored to cut these shiny incentives. Stay charged!