$7,500 EV Tax Credit at Risk

$7,500 EV Tax Credit at Risk as Hyundai, Kia Models Finally Qualify
Electric vehicles from Hyundai and Kia are eligible for a $7,500 clean energy tax break. But is the popular tax credit on its way out?
Hyundai and Kia now qualify for the federal EV tax credit
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.
Five Hyundai and Kia Electric Vehicles Now Eligible for $7,500 Tax Credit
Hyundai, Kia, and Genesis electric vehicles have qualified for the $7,500 federal EV tax credit, according to Electrek. Five models, including the popular Hyundai Ioniq 5 crossover and Kia EV9 family SUV,
USA changes EV tax credit list: Hyundai is in, VW is out
The US Department of Energy has updated its list of vehicles eligible for the US tax credit as of 1 January 2025. Electric models from the Hyundai Group now
Hyundai and Kia score big with their EVs now eligible for $7,500 tax credit
Five models have made the cut to receive the tax credit incentive. These include the popular Hyundai Ioniq 5 crossover SUV, the new Ioniq 9 three-row
Hyundai, Kia, Genesis EVs now qualify for the $7,500 US tax credit for the first time
Hyundai Motor Group electric vehicles, including Kia and Genesis models, now qualify for the $7,500 EV tax credit for
$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
Car shoppers take advantage of EV tax credit before Trump takes office
The president-elect criticized the EV incentives on the campaign trail, and reports indicate they could be on the chopping block along with more stringent greenhouse gas tailpipe emissions regulations. Tesla Inc. CEO and Trump backer Elon Musk has said he supports ending the EV tax credits.
US Car Sales Get Year-End Boost From Trump’s Threat to End EV Tax Credits
The threat by President-elect Donald Trump to end tax credits for electric vehicles helped lift sales in the fourth quarter, giving US automakers a much-needed boost after a disappointing year.
Electric Cars and Plug-In Hybrids That Qualify for Federal Tax Credits
Even if the Trump administration takes away the EV tax credit, these new cars, trucks, and EVs still qualify in the meantimeThe Chevrolet Equinox EV currently qualifies for a federal tax
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Hyundai is selling vehicles on Amazon? ‘You’re gonna need a bigger cart’
Buying a new Hyundai is now as easy as adding it to your next Amazon order. However, you might need a bigger cart. Amazon revealed plans to expand into vehicle sales in 2023, starting with Hyundai.
You’re now able to get a tax credit if you buy a Tesla Cybertruck—but it might not last
As of January 1, some more EVs are eligible for the federal tax credit, while others have dropped off the list. But it's ...
Thinking of buying an EV? You might want to move quickly
The best time to buy an electric vehicle may be right now. That's because a $7,500 federal tax credit could soon disappear.