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The Ioniq 5 is once again eligible for the $7,500 tax credit

The Hyundai Ioniq 5 is once again eligible for the full $7,500 federal tax credit.

After a brief and confusing absence, the Hyundai Ioniq 5 is once again eligible for the full $7,500 federal tax credit — and this time, it’s sticking around (at least for now). So, what happened? Let’s unpack the ride.

The Ioniq 5, a sleek and tech-savvy electric crossover, initially made headlines not just for its design, but for being built at Hyundai’s brand-new Metaplant in Georgia. That domestic assembly qualified it for the EV tax credit under the Inflation Reduction Act (IRA), which requires vehicles to be made in North America with batteries sourced from trade-friendly countries. But early in 2025, the Ioniq 5 vanished from the list. Why? Likely due to its battery packs, which were then still being sourced from SK On’s Hungarian facility.

During that limbo, the only way to get the $7,500 incentive was to lease the vehicle—thanks to a legal loophole that treats leased EVs as “commercial vehicles,” skirting the strict sourcing requirements. Hyundai even stepped in with its own $7,500 discount for those financing or buying outright, softening the blow.

But as of late April 2025, the Ioniq 5 is officially back on the EPA’s eligibility list, thanks to Hyundai switching battery sourcing to SK On’s U.S.-based factory in Georgia. That means buyers can now get the tax credit up front at purchase—no lease gymnastics required.

Just make sure you qualify: Your adjusted gross income must fall below $300,000 (joint), $225,000 (head of household), or $150,000 (individual). Also, the vehicle’s MSRP must be under $80,000—which is no problem since the Ioniq 5 ranges from $44,075 to $56,975.

So if you’ve been eyeing an Ioniq 5, now’s a great time to plug in.

BYD has launched the third-generation Qin Plus DM-i in China, and the first thing that caught my eye is its price. According to CarNewsChina, the plug-in hybrid sedan starts at 79,900 yuan, which is about $11,980. That’s an incredibly low price for a brand-new car, especially by US standards.

What’s even more impressive is the range. The Qin Plus DM-i can drive up to 137 miles on electricity alone, which should cover most people’s daily commutes without using a drop of gas. Once the battery runs out, the 1.5-liter engine takes over. Thanks to its 17-gallon tank and roughly 91 mpg with a drained battery, the combined range reaches up to 1,423 miles. 

Apple won the PC market’s worst quarter, but that’s not the entire story. It won the race by stumbling less than everyone else.

PC makers shipped just 57 million computers worldwide in Q3, which might look good, but it’s a 21% year-over-year plunge (via Counterpoint Research). And despite Apple’s Mac shipments falling by 11%, to 5.6 million, its market share rose from 8.7% to 9.8%. How did that happen?

Update (October 22 23:54 PT): In response to our query, GM clarified that offline recording support is already available on eligible vehicles. Like Tesla's Sentry Mode, it requires owners to connect a USB drive to save incident recordings, which can be viewed on the vehicle's infotainment screen. The upcoming Connected Cameras feature will build on this by giving owners remote access to these recordings via the revamped OnStar app, allowing them to check footage without walking out to their car.

General Motors has announced plans to add a new Connected Cameras feature to its OnStar service starting next year, giving drivers a way to monitor parked vehicles remotely and capture footage of certain incidents.