Kia to Rely on Lease Loophole to Make Its EVs Eligible for Tax Credit

Though their electric vehicle lines are among the most compelling new zero-emissions models, Kia and Hyundai’s EVs don’t currently qualify for federal tax credits because of where they’re built. Both are working toward bringing EV production to the U.S., but in the meantime, Kia is looking to take advantage of a little-known provision in the new rules that allow customers to receive the credit on ineligible vehicles when leasing.

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  • Jagboi The Canadian Mark VI's had the "Electronic fuel injection" badge on the side, but had the Ford Variable Venturi carb. The Canadian brochure for these cars does not have the portion about EFI that the US brochures have. A bit of false advertising for sure.I've seen a number of these cars up to 1983 and none of the Canadian market cars had EFI. The US cars had a crank triggered ignition systenm, the Canadian cars had the Duraspark just like the carbed Ford and Mercury Panthers.
  • Syke Back when BMW actually made ultimate driving machines.
  • Alan Many Ford designs that are manufactured in China are designed in Australia. Ford just fired hundreds of engineers. That only leaves engineers to keep on designing the Rangers, Bronco, etc.
  • Alan Big Al,Seems the author has confused horsepower and kilowatts. Check out what the Aussie Ranger Raptor power output is.The VW Amarok is the 2.3 Eco Boost, I think its about what the author wrote.To be fair, the author may be quoting EU hp.
  • Paul Alexander Is TTAC okay? Where are the other articles? Where are the other comments?