Five models have made the cut to receive the tax credit incentive. These include the popular Hyundai Ioniq 5 crossover SUV, the new Ioniq 9 three-row electric SUV, the Kia EV9, and 2025 EV6 models, as well as the Electrified GV70 from Hyundai’s luxury brand Genesis.
Hyundai and Kia score big with their EVs now eligible for $7,500 tax credit
