Five electric vehicles from Hyundai, Kia, and Genesis now qualify for the US’s $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.

Electric vehicles from Hyundai and Kia are eligible for a $7,500 clean energy tax break. But is the popular tax credit on its way out?

The US Department of Energy has updated its list of vehicles eligible for the US tax credit as of 1 January 2025. Electric models from the Hyundai Group now

Hyundai Ioniq 5 and Genesis GV70 Electrified are officially eligible for the $7,500 federal tax credit at the point of sale for a purchase. Hyundai announced months ago that its refreshed Ioniq 5 would be built at its new “Metaplant America” in Georgia and claimed initial cars would be eligible for a $3,

Kia and Hyundai EVs, plus Tesla's Cybertruck, make the list for the first time, but a few best-sellers drop off.