Hyundai's 5 EV models subject to US tax credit
- The US Department of Energy listed five Hyundai EV models that qualify for the federal tax credit in 2025.
- President-Elect Donald Trump plans to eliminate the EV tax credit when he takes office.
- More than 250,000 credits were issued for new clean vehicles in 2024 at the dealer.
- Only the Chrysler Pacifica remains eligible while several other models lost eligibility in 2025.
13 Articles
13 Articles
Hyundai and Kia now qualify for the federal EV tax credit
Photo by Andrew J. Hawkins / The Verge Five electric vehicles from Hyundai, Kia, and Genesis now qualify for the US’s $7,500 EV tax credit, Electrek reports. The new models include popular vehicles like the Hyundai Ioniq 5 crossover SUV and Kia EV9 three-row family hauler. Now, 25 EVs and plug-in hybrids across 10 brands qualify for the credit. The Biden Administration’s EV tax credit rules mandate building vehicles in North America for eligibi…
Hyundai and Kia EVs now available with the $7,500 tax credit
In a significant development for the electric vehicle market, Hyundai, Kia, and Genesis announced that five of their EV models now qualify for the $7,500 federal tax credit in the United States. This is the first time the Korean automaker has been eligible for the incentive since the Inflation Reduction Act (IRA) came into effect in 2022. Eligibility for the tax credit comes after the company invested $7.6 billion in a new EV manufacturing plant…
Hyundai and Kia now qualify for the federal EV tax credit - Techregister
Five electric vehicles from Hyundai, Kia, and Genesis now qualify for the US’s $7,500 EV tax credit, Electrek reports. The new models include popular vehicles like the Hyundai Ioniq 5 crossover SUV and Kia EV9 three-row family hauler. Now, 25 EVs and plug-in hybrids across 10 brands qualify for the credit. Hyundai, Kia, and Genesis models have been added to the Federal Tax Credits list as of January 1st, 2025.Screenshot: The Verge However, …
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