{"id":141626,"date":"2025-01-02T23:29:23","date_gmt":"2025-01-02T23:29:23","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2025\/01\/02\/hyundai-and-kia-now-qualify-for-the-federal-ev-tax-credit\/"},"modified":"2025-01-02T23:29:23","modified_gmt":"2025-01-02T23:29:23","slug":"hyundai-and-kia-now-qualify-for-the-federal-ev-tax-credit","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2025\/01\/02\/hyundai-and-kia-now-qualify-for-the-federal-ev-tax-credit\/","title":{"rendered":"Hyundai and Kia now qualify for the federal EV tax credit"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">Five electric vehicles from Hyundai, Kia, and Genesis now qualify for the US\u2019s $7,500 EV tax credit, <a href=\"https:\/\/electrek.co\/2025\/01\/02\/hyundai-kia-evs-qualify-7500-tax-credit-first-time\/\" target=\"_blank\" rel=\"noopener\"><em>Electrek<\/em><\/a> 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 <a href=\"https:\/\/fueleconomy.gov\/feg\/tax2023.shtml\" target=\"_blank\" rel=\"noopener\">qualify for the credit<\/a>.<\/p>\n<\/div>\n<div>\n<div class=\"my-9\">\n<p><figcaption class=\"duet--article--dangerously-set-cms-markup inline text-gray-13 dark:text-gray-e9 [&amp;&gt;a:hover]:text-black [&amp;&gt;a:hover]:shadow-underline-black dark:[&amp;&gt;a:hover]:text-gray-e9 dark:[&amp;&gt;a:hover]:shadow-underline-gray-63 [&amp;&gt;a]:shadow-underline-gray-13 dark:[&amp;&gt;a]:shadow-underline-gray-63\"><em>Hyundai, Kia, and Genesis models have been added to the Federal Tax Credits list as of January 1st, 2025.<\/em><\/figcaption><cite class=\"duet--article--dangerously-set-cms-markup inline not-italic text-gray-63 dark:text-gray-bd [&amp;&gt;a:hover]:text-gray-63 [&amp;&gt;a:hover]:shadow-underline-black dark:[&amp;&gt;a:hover]:text-gray-bd dark:[&amp;&gt;a:hover]:shadow-underline-gray [&amp;&gt;a]:shadow-underline-gray-63 dark:[&amp;&gt;a]:text-gray-bd dark:[&amp;&gt;a]:shadow-underline-gray\">Screenshot: The Verge<\/cite><\/p>\n<\/div>\n<\/div>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">However, Hyundai and Kia might lose the benefit if the upcoming Trump administration makes drastic changes. The President-elect vowed during his campaign to eliminate the EV incentives <a href=\"https:\/\/www.theverge.com\/2024\/11\/6\/24289494\/trump-election-electric-vehicle-tax-credit-tesla-elon-musk\" target=\"_blank\" rel=\"noopener\">on \u201cday one,\u201d<\/a> though American automakers have <a href=\"https:\/\/www.theverge.com\/2024\/11\/21\/24302592\/trump-ev-tax-credit-auto-alliance-av-framework\" target=\"_blank\" rel=\"noopener\">pleaded to let it live<\/a>.<\/p>\n<\/div>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">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. <a href=\"https:\/\/www.nytimes.com\/2024\/11\/15\/climate\/electric-vehicles-trump-tax-credit.html\" target=\"_blank\" rel=\"noopener\"><em>The New York Times<\/em> recently reported<\/a> that Trump could try to take other actions without Congress by eliminating the credit for leases or taking down websites with information about the program.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.theverge.com\/2025\/1\/2\/24334471\/hyundai-kia-genesis-federal-ev-tax-credit-2025-trump\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Five electric vehicles from Hyundai, Kia, and Genesis now qualify for the US\u2019s $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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":141627,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-141626","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/141626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=141626"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/141626\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/141627"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=141626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=141626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=141626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}