Cleantech & EV'sNews

Kia and Hyundai to build EVs in Mexico for IRA tax credit eligibility

The Governor of New Nuevo León, Mexico, announced a new (potential billion-dollar) investment from Kia to expand its plant in the region and produce two EVs together with Hyundai. The move comes as the two automakers look to ensure EV models qualify for the IRA tax credit. After becoming the third largest automaker globally last year, The Hyundai Motor Group, including Kia and Genesis, looks to…
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