Friday, November 15, 2024
Hyundai offers a limited-time cash incentive of up to $7,500 for US electric vehicle buyers until January 31. This move aims to compete with rivals benefiting from federal tax credits and includes models like the Ioniq 5, Ioniq 6, and Kona Electric. Hyundai is also expediting construction in Georgia to start EV production by 2024, potentially qualifying for $2.1 billion in tax breaks.