Hyundai, Kia confirm first US-made EVs: $7,500 tax credit eligible?

2024 Hyundai Ioniq 5Hyundai on Friday confirmed its first EV for U.S. production, while the automaker's Kia brand began U.S. EV production that same day. But neither brand is discussing eligibility for the $7,500 federal tax credit quite yet. The Hyundai Ioniq 5 will be the first model produced at the automaker's EV "Metaplant" near Savannah, Georgia, Jose...

$25,000 Jeep EV is coming to US soon, said Stellantis CEO

2024 Jeep WranglerA $25,000 Jeep EV is coming to the U.S. "very soon," Stellantis CEO Carlos Tavares told CNBC and other media at a Bernstein investor conference last week. "If you ask me what is an affordable BEV, I would say 20,000 euros in Europe and $25,000 in the U.S.,” Tavares said at the conference, which was held prior to last week's Wagoneer S debut...

Jeep Wagoneer 3-row SUV will go electric too—with range-extender

2024 Jeep WagoneerAt the reveal of its Jeep Wagoneer S electric SUV, the Stellantis SUV brand on Thursday confirmed plans to push ahead with what potentially might amount to a great many different electrified powertrain options across its lineup later in the decade. That includes extended-range EV versions of the Wagoneer and Grand Wagoneer, which were confirmed...

GM exec: 2026 Chevy Bolt EV will be most affordable US EV

2020 Chevrolet Bolt EV review update  -  Portland ORWhen the Chevrolet Bolt EV returns next year it will be the most affordable EV in the U.S., Marissa West, president of General Motors North America, said in a recently published interview with Automotive News. GM discontinued the Bolt EV at the end of 2023 but has since then emphasized it's coming back. The next-generation Bolt EV will share...