Hyundai is offering up to $7,500 in cash bonuses to U.S. EV buyers to compete with American automakers benefiting from federal tax credits. This move aims to keep Hyundai's electric cars competitive under President Joe Biden's Inflation Reduction Act. Biden has also backed electric cars with a $623 million charger boost to 'win the EV race.' However, the initiative faces struggles to get EVs over the finish line. The slow spending of the $7.5 billion appropriated in November 2021 for EV charging stations is being criticized as potential corruption, with claims that the money is being used to buy votes for the re-election of the Biden regime in the 2024 election year.
The slow spending of the $7.5 billion appropriated in November 2021 for EV charging stations is not incompetence. It's corruption. 2024 is an election year and that money has started flowing to buy votes for the re-election of the failed Biden regime. https://t.co/6h25j71hnS https://t.co/tsoC2KFUzx
Hyundai offers American EV buyers $7,500 cash bonuses https://t.co/91gkdEiv01 https://t.co/n3XjTCmwBb
Biden’s $623 million charging initiative faces struggles to get EVs over the finish line https://t.co/JyqEotWFYy
Hyundai to offer its EV buyers a 7500 dollar cash discount to compete with American EV makers. This is collapse of EV car market. Total and complete shit product.
"Hyundai will give U.S. EV buyers as much as $7,500 in cash bonuses to compete with domestic autos that qualify for tax credits" https://t.co/51UjBaMgxW
Hyundai offers American EV buyers $7,500 cash bonuses to compete with US manufacturers who get federal tax credit - here is the full list of (official and dealer) discounts on electric cars https://t.co/vqpCG3PD0t https://t.co/FaUxpLFFRR
Joe Biden backs electric cars with massive $623million charger boost to 'win the EV race' https://t.co/8p9bfpQFtT
Hyundai will give as much as $7,500 in cash bonuses for EV buyers in the US, seeking to keep its cars competitive with automakers qualifying for tax credits under President Joe Biden’s Inflation Reduction Act https://t.co/0ImXpYc5Gs