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

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.

Hyundai, Kia, and Genesis electric vehicles join the list of $7,500 US tax credit qualifiers for the first time. This significant boost aligns with Hyundais rapid US expansion through local manufacturing and advanced

Despite falling short of their 2024 targets, Hyundai and Kia are pushing ahead into 2025 with ambitious goals amid increasing challenges.

Hyundai sold 836,802 vehicles in the United States last year to achieve a new annual record. Hyundai and Kia have a lot to celebrate as both achieved record sales last year. Starting with the latter,