Hyundai and Kia now qualify for federal EV tax credit

Hyundai Ioniq 5, GV70 EV Are Now Eligible For $7,500 Fed Tax Break
Hyundai Ioniq 5 and Genesis GV70 Electrified are officially eligible for the $7,500 federal tax credit at the point of sale for a purchase. Hyundai announced months ago that its refreshed Ioniq 5 would be built at its new “Metaplant America” in Georgia and claimed initial cars would be eligible for a $3,
Hyundai and Kia now qualify for the federal EV tax credit
But unless Congress votes to eliminate the program, Hyundai and Kia buyers could still get the incentive for the 2025 tax year or take advantage of it through a lease. The New Yor
Hyundai Motor EVs secure up to $7,500 in U.S. tax credits
Electric vehicles (EVs) from Hyundai Motor Group are now eligible for up to $7,500 (approximately 11 million won) in tax credits under the Inflation Reduction Act (IRA), marking the first time the South Korean automaker’s models have qualified for the program.
Hyundai EVs to qualify for U.S. tax credits for the first time
Hyundai Motor Group's five EV models will be subject to the U.S. tax credit program for EV purchases this year for the first time, industry sources said Thursday.
$7,500 Tax Credit Sparks Hyundai, Kia, and Genesis EV Push in Competitive US Electric Market
Hyundai, Kia, and Genesis electric vehicles join the list of $7,500 US tax credit qualifiers for the first time. This significant boost aligns with Hyundais rapid US expansion through local manufacturing and advanced

Hyundai Creta Electric teased

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