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Unfortunately, the production version probably won't look quite as interesting as the original design. But Kia's striking EV6 model shows the brand is down to break from the norms of car design. The concept Kia EV9.
Bloomberg includes plug-in hybrids in its count of “electric vehicles,” but a large majority are purely battery-powered models. It’s unclear exactly why 5% seems to mark the point where EV sales really take off. The Mustang Mach-E, which hit the market in in 2021, was the first electric vehicle to take a notable chunk of Tesla’s still-dominant EV market share. The act, passed this year, changes the rules around which electric vehicles are eligible for consumer tax credits. Given their popularity and already high sales, incentive rules could help push EV sales significantly higher.
A Tesla Model 3 vehicle is on display at the Tesla auto store on September 22, 2022 in Santa Monica, California. The data firm found that Tesla's market share of new registered electric vehicles in the U.S. stood at 65% through the third quarter, down from 71% last year and 79% in 2020. S&P forecasts Tesla's EV market share will decline to less than 20% by 2025, with the number of EV models expected to grow from 48 today to 159 by then. A drop in Tesla's U.S. market share was expected, but the rate of the decline could be concerning for investors in Elon Musk's autos and energy company. "Given that consumer choice and consumer interest in EVs are growing, Tesla's ability to retain a dominant market share will be challenged going forward."
"I think what Hyundai, Kia and Genesis have done is they've really compressed that time frame. Sales of Hyundai and Kia vehicles have risen roughly 61% since 2010 to more than 1.4 million vehicles in the U.S. last year. LMC forecasts Hyundai's sales of all-electric vehicles are expected to represent 9.2% of the U.S. EV market this year. While sales are expected to grow that percentage is seen as the company's peak until at least 2024 or 2025, when the new Georgia plant is set to come online. Munoz said the new Georgia plant is expected to produce 300,000 vehicles annually, with the potential to reach 500,000 in the future.
I drove the Tesla Model Y and the Kia EV6 to see how the two electric SUVs stacked up. The Tesla Model Y. Tim Levin/InsiderTesla sells some of the longest-range EVs on the market. The Model Y. Tim Levin/InsiderSome buyers might prefer the Kia's sporty and bold interior over Tesla's minimalist and button-free aesthetic. The Model Y. Tim Levin/InsiderThe Model Y's big touchscreen makes it a tech fan's dream. But if you prize a minimalist interior, tech features out the wazoo, and Supercharger convenience, go with the Model Y.
We spoke with one tech founder who moonlights as a ghostwriter for prominent VCs, and rakes in hundreds of thousands of dollars — sometimes for a single thread. Below, we've got an inside look at the lives of Twitter ghosts, a job that, in one ghostwriter's case, is "60% shitposting." Top VCs are paying ghostwriters big bucks to craft tweets for them. This person — a founder of a tech startup — started ghostwriting as a side hustle, taking five hours out of his week to come up with original tweets. VCs, on their hunt for the next superstar startups, must establish themselves on Twitter, and write the kind of content that will get the attention of young founders.
I drove the Tesla Model Y and Kia EV6 to see how the two electric SUVs stack up. The Tesla Model Y. Tim Levin/InsiderTesla sells some of the longest-range EVs on the market. The Tesla Model Y. Tim Levin/InsiderThe EV6 is one of the quickest-charging electric cars you can buy. The Tesla Model Y. Tim Levin/InsiderBut some buyers might prefer the Kia's sporty and bold interior over Tesla's minimalist and button-free aesthetic. The Tesla Model Y. Tim Levin/InsiderThe Model Y's big touchscreen makes it a tech fan's dream.
CNN Business —Reversing a century of tradition, most cars now sell for over the manufacturer’s sticker price. It isn’t some luxury or performance brand; it’s Kia, the South Korean car brand usually thought of as a value purchase. On average, Kia cars and SUVs are selling for about 6% over their sticker price, according to data from Edmunds.com. Roughly tied for second, at 4% above sticker price on average, are Honda, Hyundai and the luxury SUV brand Land Rover. Kia Motors AmericaAdding to the pressure is that, while manufacturing slowdowns have hit the whole industry, Kia models are especially hard to find.
In September, Michael Durschlag bought a fire engine red Kia EV6, an all-electric crossover, for $70,000, expecting he would snag a $7,500 federal tax credit when he filed his return. But the biotech executive in San Diego turned out to be wrong. The sweeping energy law Congress passed in August included a provision that says electronic vehicles purchased on or after Aug. 16, 2022, must be assembled in North America to qualify for a tax credit. His Kia, made in South Korea, didn’t count.
What You Need to Know for Filing Taxes in 2023
  + stars: | 2022-08-16 | by ( Ashlea Ebeling | ) www.wsj.com   time to read: 1 min
In September, Michael Durschlag bought a fire engine red Kia EV6, an all-electric crossover, for $70,000, expecting he would snag a $7,500 federal tax credit when he filed his return. But the biotech executive in San Diego turned out to be wrong. The sweeping energy law Congress passed in August included a provision that says electronic vehicles purchased on or after Aug. 16, 2022, must be assembled in North America to qualify for a tax credit. His Kia, made in South Korea, didn’t count.
We drove the impressive 2022 Kia EV6, Kia's newest electric SUV. The 2022 Kia EV6 GT-Line. The 2022 Kia EV6 GT-Line. The 2022 Kia EV6 GT-Line. The 2022 Kia EV6 GT-Line.
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