Tagged: eV

Hyundai steps up Georgia EV production to fall 2024

2023 Hyundai Ioniq 5Hyundai’s top U.S. executive on Tuesday suggested that, prompted by the inherent unfairness of the Inflation Reduction Act to companies relying on importing EVs and batteries, it’s hoping to speed up construction at its $7.6 billion manufacturing complex near Savannah, Georgia, dubbed the “Metaplant.” That means EVs from...

Tesla Model 3 earns a spot among top 10 leased vehicles

2022 Tesla Model 3The Tesla Model 3 is now one of the top 10 leased vehicles in the U.S., marking the first time an EV has appeared among the top leased vehicles, according to credit report provider Experian. In the second quarter of 2023, the Model 3 was the seventh most-leased vehicle in the U.S. The top leased vehicle was the Ford F-150 pickup truck, which is...