In a rollercoaster turn of events, Hyundai and Kia EVs are expected to again qualify for the full $7,500 federal tax credit. With new models rolling out this year, the Korean auto giants expect another big year in the US in 2025.
After opening the doors to its new manufacturing plant in Georgia, Hyundai said earlier this year that US-made EVs, including the 2025 IONIQ 5 and IONIQ 9, would qualify for the $7,500 federal tax credit.
Hyundai’s new electric SUVs were expected to be among 25 models that qualified in early January. The announcement was significant given that this would be the first time Hyundai would qualify since the Inflation Reduction Act (IRA) was passed in 2022. Until now, Hyundai has been passing the credit on through leases.
An updated list released by the Department of Energy (DOE) in mid-January excluded Hyundai’s EVs. Although no official statement was made, it was expected to be due to the new battery sourcing rules.
The only Hyundai Motor Group vehicles on the DOE list were the 2025 Kia EV9 and EV6. Its luxury Genesis brand also lost eligibility.
2024 Kia EV9 GT-Line (Source: Kia)
Do Hyundai and Kia’s EVs qualify for the US tax credit?
It appears Hyundai already has a plan to regain eligibility. According to Business Korea, Hyundai will begin mass producing the 2025 IONIQ 5 next month.
At the same time, SK Battery America (SKBA), a division of SK On, will begin building batteries for Hyundai and Kia EVs, also expected as early as next month.
Hyundai’s new 2025 IONIQ 5 Limited with a Tesla NACS port (Source: Hyundai)
SK will produce batteries on 9 out of 12 assembly lines at Hyundai’s new EV plant in Georgia. The move will shift 75% of SK On’s local plant production to support Hyundai and Kia.
Hyundai and SK On’s battery plant in Bartow County can transport batteries to the new EV plant in about five hours. Once up and running, it will have roughly 16.5 GWh annual battery capacity, or enough for around 200,000 EVs.
Hyundai IONIQ 9 electric SUV (Source: Hyundai)
Last year, Hyundai officials said they expected US-made EVs to qualify for a partial $3,750 tax credit until the battery plant came online.
Meanwhile, Trump’s threat to end EV incentives, including the $7,500 tax credit, could throw a loop in Hyundai’s plans.
Until then, Hyundai will continue passing the $7,500 tax credit on through leasing. With leases starting as low as $199, the updated 2025 IONIQ 5 (now with more range and an NACS port to charge at Tesla Superchargers) is even cheaper than a new Toyota RAV4 right now.
Hyundai is also offering a free ChargePoint Level 2 home charger or a $400 public charging credit for those who purchase or lease a new 2025 IONIQ 5.
Are you ready to experience Hyundai and Kia’s EVs firsthand? We’ve got you covered. You can use our links below to find exclusive offers at a dealer near you.
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Rivian issued a recall for over 17,000 vehicles on Friday due to a headlight issue that only occurs in cold weather. The recall impacts certain 2025 R1S SUV and R1T electric pickup models. Luckily, it should be an easy fix.
Rivian issues a recall for 2025 R1S and R1T vehicles
In a letter sent to the National Highway Traffic Safety Administration (NHTSA), Rivian said it planned to recall 17,260 R1S and R1T vehicles.
The safety notice comes after the company found the headlights on certain 2025 models did not meet the requirements of Federal Motor Vehicle Safety Standard (FMVSS) number 108, “Lamps, Reflective Devices, and Associated Equipment.”
In cold weather, the headlight low beams might not illuminate once the vehicle is started. A message on the driver display will pop up, saying, “Low beam lights not working.” The issue only occurred in colder climates.
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Rivian said it’s unaware of any crashes, injuries, or fatalities related to the recall. The 2025 R1S and R1T models were built with incorrectly figured parts from its supplier between April 29, 2024, and February 03, 2025.
Rivian R1T (left) and R1S (right) electric vehicles (Source: Rivian)
For those impacted, Rivian will replace the headlight control module free of charge. Owner notification letters are expected to be mailed out on March 28, 2025.
If you have questions, you can contact Rivian’s customer service at 1-888-748-4261. Rivian’s recall number is FSAM-1612. You can also contact the NHTSA hotline at 888-327-4236 or visit NHTSA.gov for more information.
Production at Rivian’s Normal, IL plant (Source: Rivian)
The recall comes after Rivian posted its first positive gross profit in the fourth quarter, a big milestone as the EV maker aims to hit its next growth stage.
Rivian delivered 51,579 vehicles in 2024, but as it prepares to introduce its mass-market R2 electric SUV, the company expects a slight dip in 2025, forecasting between 46,000 and 51,000. A big part of this is due to plans to retool its Normal, IL manufacturing plant to prepare for the R2, which will launch in the first half of 2026. The midsize electric SUV will start at around $45,000, or almost half the R1S ($77,700) and R1T ($71,700).
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Super73, a leading e-bike manufacturer based in Irvine, California famous for its moped-style electric bikes, has issued a recall for two of its popular models.
The recall covers approximately 1,400 units of its model year 2024 Z Miami SE and Z Adventure Core electric bicycles. At the heart of the recall is an issue with the braking system.
Specifically, the retaining pin within the disc brake calipers may loosen and detach, potentially leading to brake failure and increasing the risk of crashes and injuries.
According to a recall notice posted by the Consumer Product Safety Commission (CPSC), the recall covers the Z Miami SE in Bandit Black (black seat), Palladium Gray (camel seat), and Astro Orange (black seat), as well as the Z Adventure Core in Sandstorm, featuring a black and brown frame.
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Super73 has confirmed that the affected e-bikes were sold between April 2024 and September 2024 at Super73’s Irvine store, various bicycle retailers nationwide, and online.
According to the company, Super73 has received 21 reports concerning loose retaining pins or associated brake failures, with one incident resulting in a minor injury.
Owners of the recalled models are advised to immediately cease using the e-bikes and contact Super73 for a complimentary repair kit. The company is providing a new retaining pin and will reimburse up to $50 for professional installation services. To obtain reimbursement, consumers should submit their installation receipts to Super73. The company is proactively reaching out to all known purchasers.
Customers seeking information on the recall can reach Super73 by phone at 888-841-3584 from Monday and Friday, 9 a.m. to 5 p.m. PT, or by email safety@super73.com. They can also visit a recall-related web page set up by the company.
These types of recalls are not uncommon in the e-bike industry, as manufacturers continue to refine designs and address safety concerns. Additionally, because most bicycle components are not built by the electric bike makers themselves, issues in systems such as brakes and wheels are usually related to the subcomponent manufacturers and can affect many bicycle companies downstream in the supply chain.
The problem appears to be that Nissan expected a merger while Honda was looking for a takeover of its fellow Japanese automaker.
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Now, it looks like Nissan has exhausted its potential lifelines in Japan and it is starting to explore potential partners outside of the country.
The Financial Times has revealed that a group has been put together to approach Tesla for a potential investment in Nissan:
A high-level Japanese group that includes a former prime minister has drawn up plans for Elon Musk’s Tesla to invest in the struggling carmaker Nissan, following the collapse of its merger talks with rival Honda.
The group includes Hiro Mizuno, a former Tesla board member, and ex-premier Yoshihide Suga.
FT’s report claims that the group believes Tesla is interested in buying Nissan’s factories in the US:
The group is hopeful Tesla will become a strategic investor since they believe the world’s largest pure electric-vehicle maker is keen to acquire Nissan’s plants in the US, according to the people. The factories would help it boost domestic manufacturing in response to Donald Trump’s tariff threats.
Tesla has greatly slowed down its plans for new car factories over the last few years as sales have gone down and its current factories are not operating at full capacity.
Electrek’s Take
At this time, it’s unclear if this report should be taken seriously. Japan seems to be panicking a bit because it doesn’t want Nissan to fall into the ends of China as Foxconn has shown interest in taking a stake.
Tesla doesn’t need Nissan’s factories and it has made clear that it prefers to build its own than take over existing factory since its takeover of Fremon factory from Toyota and GM, and that was back in 2010.
I am sure Tesla will hear them out since Mizuno is involved, but I doubt this will go much further than that.
What do you think? Let us know in the comment section below.
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