AutoLab's deep dive into the 2025 IRA FEOC prohibition. Learn why Hyundai and Kia's efforts to localize manufacturing may fail to secure the $7,500 tax credit, leading to sudden price increases for US buyers. Avoid the subsidy trap. Global Battery Manufacturing Capacity by Country 2022-2027 Chart, China Dominance The global battery supply chain. IRA seeks to reduce the overwhelming dependence on specific countries, primarily China. Introduction: The Looming Shadow Over Your EV Purchase Dear American EV owners and prospective buyers, a storm is brewing on the horizon of your electric dreams. The Inflation Reduction Act (IRA) , hailed as a game-changer for clean energy, is now casting a long, complex shadow over your next EV purchase. Specifically, for popular brands like Hyundai and Kia , a crucial deadline in 2025 threatens to abruptly terminate the generous $7,500 tax credit , potentially sending EV prices soaring for millions. As "AutoLab," your trusted source for...