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Hyundai Offers $7,500 Cash Bonus for EVs to Match US Tax Credits

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Jan. 15, 2024, 7:46 a.m. | Heejin Kim

Bloomberg Technology bloomberg.com

Hyundai Motor Co. will give as much as $7,500 in cash bonuses for electric-vehicle buyers in the US, seeking to keep its cars competitive with automakers qualifying for tax credits under President Joe Biden’s Inflation Reduction Act.

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