WASHINGTON — The ratio of leases among electric vehicle sales in the U.S. has risen as high as 90% for some models, as overseas automakers take advantage of a loophole that allows some foreign-made cars to receive the same tax credits as those assembled in America. South Korea’s Hyundai Motor and Germany’s BMW are both… Continue reading Non U.S.-made EVs secure tax credits via lease loophole
Tag: Hyundai
EssentiallySports Launches ES Think Tank: Unveiling the Symbiotic Nexus of Sports and Brands
NEW YORK, April 10, 2024 /PRNewswire/ — In an era where the confluence of sports and business transcends conventional boundaries, EssentiallySports proudly announces the launch of ES Think Tank, a groundbreaking podcast series meticulously curated to explore the intricate relationship between athletes, sports, and brands. Through insightful dialogues and expert analyses, ES Think Tank promises to… Continue reading EssentiallySports Launches ES Think Tank: Unveiling the Symbiotic Nexus of Sports and Brands
Hyundai and Premier Hyundai of Seaside Donate $20,000 to Food Bank for Monterey County
CARMEL VALLEY, Calif., April 10, 2024 /PRNewswire/ — Hyundai Motor America and Premier Hyundai of Seaside recently donated $20,000 to the Food Bank for Monterey County to support hunger relief initiatives in the local community. The donation is a part of Hyundai’s corporate social responsibility initiative, Hyundai Hope, which seeks to uplift the community by… Continue reading Hyundai and Premier Hyundai of Seaside Donate $20,000 to Food Bank for Monterey County
New Hyundai Creta surpasses 1 lakh bookings milestone in 3 months
Hyundai Motor India Limited (HMIL) has announced that its flagship SUV, the new Hyundai Creta, has achieved a remarkable milestone by securing over 1 lakh bookings within 3 months of its launch. Tarun Garg, COO of Hyundai Motor India Ltd., speaking on the announcement shared, “The response to the recently launched new Hyundai Creta has… Continue reading New Hyundai Creta surpasses 1 lakh bookings milestone in 3 months
2024 Kia Sorento brings EV9 looks and new tech for £41,995
Kia has revealed pricing and specification details for the new Sorento SUV, which gains a new look inspired by the all-electric Kia EV9, a suite of new technology and interior design changes for 2024. The new Kia Sorento, the brand’s flagship SUV which has been a part of its model line-up for 21 years, is priced… Continue reading 2024 Kia Sorento brings EV9 looks and new tech for £41,995
Hyundai IONIQ 5 N to Compete for Electric Production SUV/Crossover Record at Pikes Peak International Hill Climb
“We are returning to the mountain stronger than we have left it, with a class-leading electric SUV in the form of IONIQ 5 N,” said Till Wartenberg, head of N Brand and Motorsport. “Hyundai has a history of proving new technologies and products at Pikes Peak going all the way back to 1992 and the… Continue reading Hyundai IONIQ 5 N to Compete for Electric Production SUV/Crossover Record at Pikes Peak International Hill Climb
South Korean, European EVs secure U.S. tax credits via lease loophole
WASHINGTON — The ratio of leases among electric vehicle sales in the U.S. has risen as high as 90% for some models, as overseas automakers take advantage of a loophole that allows some foreign-made cars to receive the same tax credits as those assembled in America. South Korea’s Hyundai Motor and Germany’s BMW are both offering… Continue reading South Korean, European EVs secure U.S. tax credits via lease loophole
Hyundai Ioniq 6 N primed as performance brand’s second EV
Hyundai’s N division is putting the finishing touches to a hot new version of the Ioniq 6 saloon, which will bring Porsche Taycan levels of performance and dynamic agility honed on the racetrack. Hyundai N’s second electric car, following the just-launched Ioniq 5 N, is entering an advanced stage of development shortly after the performance… Continue reading Hyundai Ioniq 6 N primed as performance brand’s second EV
KUMHO TIRE U.S.A. DRIVES THE FUTURE OF ELECTRIC VEHICLES WITH LAUNCH OF TWO ADVANCED TIRE OPTIONS
Majesty 9 Solus TA91 EV and Crugen HP71 EV added to Kumho Tire’s expanding EV tire offerings ATLANTA, April 9, 2024 /PRNewswire/ — Kumho Tire U.S.A., one of the world’s leading tire manufacturers, has introduced two new options in its expanding EV tire lineup: the Majesty 9 Solus TA91 EV and Crugen HP71 EV. Featuring… Continue reading KUMHO TIRE U.S.A. DRIVES THE FUTURE OF ELECTRIC VEHICLES WITH LAUNCH OF TWO ADVANCED TIRE OPTIONS
Maruti Suzuki expands capacity at Manesar plant by additional 100,000 units
Passenger vehicle market leader Maruti Suzuki India has commissioned another vehicle assembly line at its Manesar facility today. This assembly line has been added to the existing Plant-A of the three manufacturing plants at Manesar. The new vehicle assembly line has the capability to manufacture 100,000 units per annum and expands the total manufacturing capability… Continue reading Maruti Suzuki expands capacity at Manesar plant by additional 100,000 units