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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
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4d
TopSpeed’s Best Electric SUV Of The Year Is The 2025 Hyundai Ioniq 5 N
In the realm of electric vehicles, the field of SUVs has a much wider variety to choose from than other body styles, even if ...
Torque News
5d
Advice For Other Hyundai Ioniq Drivers: Get The ICCU Recall Work Done ASAP, And It Should Be Smooth Sailing
One Ioniq 5 owner turned a frustrating recall issue into a smooth-sailing EV journey and offers practical tips you don’t want ...
Electrek
10d
Hyundai IONIQ 5 set a new EV World Record after taking on the highest driveable road
Hyundai Motor India and Evo India, a leading auto magazine firm, organized the event. The IONIQ 5 began its journey at Umling ...
1d
Lamborghini Appears To Be Benchmarking The Hyundai Ioniq 5 N For Its First EV
With all of that in mind, the Italian brand needs to be sure that its first EV, the Lanzador, which is due before the end of the decade, will be worthy of the badge on the hood. CEO Stephan Winkelmann ...
Torque News
8d
Okay, Lesson Learned The Hard Way and Specific Advice For My Fellow Ioniq 5 Owners When You Ask For Hyundai Roadside Assistance
Stranded in the cold with a dead Hyundai Ioniq 5, Kevin’s shocking roadside ordeal reveals crucial advice every EV owner ...
autoevolution
9d
Hyundai Ioniq 5 Goes From the Highest Paved Road in the World to the Sea, Sets EV Record
South Korean carmaker Hyundai says it drove an Ioniq 5 EV from India's Umling La mountain pass to the Kuttanad river delta, ...
TopSpeed
5d
5 Electric SUVs That Are Gamechangers (And, 5 Fair Alternatives)
There are plenty of electric SUVs available today. Some of them will go down as gamechangers, but they also have decent ...
9d
on MSN
Hyundai Ioniq 5 Electric Crossover Heads Down from Thin Air
Hyundai’s electric hatch sets a Guinness World Record for the greatest elevation change by an EV, but is it the perfect ...
4d
2026 Hyundai Ioniq 9: A Three-Row EV Decked Out For Road Trips
Hyundai is bringing a new three-row SUV to the market next year, the all-electric Ioniq 9. This is how the brand has set it ...
The Financial Express
9d
Hyundai Ioniq 5 Sets Guinness World Record for EV Altitude Change
Built on the advanced Electric-Global Modular Platform (E-GMP), the SUV achieved 5,802m elevation change on a 4,900 km ...
10d
on MSN
Hyundai IONIQ 5 Sets Guinness World Records for Greatest Altitude Change by an EV
Hyundai Motor India Limited has achieved a significant milestone with its flagship electric SUV, the Hyundai IONIQ 5, setting ...
Business Car
2d
Hyundai Ioniq 5 video review
The Hyundai Ioniq 5 is a brilliant, all-electric family car with a comfortable drive and a staggering amount of rear passenger space.
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