Hyundai Pushes to Make EVs Qualify for Biden Tax Credit

The transcript discusses Hyundai's challenges and strategies regarding the EV tax credit under the Inflation Reduction Act. Hyundai is lobbying for rule changes to minimize the impact of the tax credit ineligibility. The company emphasizes product quality and competitive strategies in the absence of tax credits. Hyundai's stance on unionization and labor issues is also covered, along with plans for a battery joint venture in Georgia. The transcript addresses market outlook, consumer confidence, and Hyundai's response to vehicle theft issues affecting certain models.

What are Hyundai's plans for a potential battery joint venture in Georgia, and how does it relate to the IRA tax break?

What is Hyundai's outlook on consumer confidence and car sales in the United States for the upcoming year?

How does Hyundai plan to address the recent surge in thefts of their vehicles in the US?