2025 Genesis GV70 EV
Vehicle Type: Compact Electric Luxury SUV
Assembly: United States
Partial Tariff: 25% applies to at least 83% of vehicle value (Non-US/Canada Content)
Vehicle Details
| Vehicle Type | Compact Electric Luxury SUV |
| Assembly | United States |
| US / Canada Content | 17% |
| Major Sources Of Foreign Parts Content | 80% Korea |
| Country Of Origin For Engine/ Motor | Korea |
| Country Of Origin For Transmission(s) | Korea |
Important Note:
While some vehicles may be subject to a full or partial 25% tariff, automakers do not always pass the entire cost on to consumers. In some cases, manufacturers may choose to absorb a portion of the tariff to remain price competitive.
Important Note:
It is difficult to determine the exact breakdown of U.S. and Canadian content in a vehicle, but tariffs will still apply to the Canadian portion of the content.
United States Tariff and Duty Guidelines for Imported Vehicles:
- The 25% tariff will be applied to imported passenger vehicles (sedans, SUVs, crossovers, minivans, cargo vans) and light trucks, as well as key automobile parts (engines, transmissions, powertrain parts, and electrical components), with processes to expand tariffs on additional parts if necessary.
- Importers of automobiles under the United States-Mexico-Canada Agreement (USMCA) will be given the opportunity to certify their U.S. content and systems will be implemented such that the 25% tariff will only apply to the value of their non-U.S. content.