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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. Tesla’s Model 3 was the next closest to hitting the mark.

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The Best Cars from the 2024 New York Auto Show

The Truth About Cars

Last week in New York, I sat down with Brian Moody, the executive editor at AutoTrader , to discuss what was going in Manhattan at the 2024 New York Auto Show. Matthew Guy also stopped by to chat about the show, and we did a studio segment on the battery booster packs he uses -- that was a part of our ongoing "Stuff We Use" segment.

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Hyundai and Kia surge past Ford, GM to take second in US EV sales in 2023

Baua Electric

Hyundai and Kia placed second in the US EV market behind Tesla after a record sales year in 2023. The Korean automakers surged past Ford and GM with stylish, functional EVs built for the modern era. Hyundai and Kia take second in US EV sales According to Kelley Blue Book estimates, a record 1.2

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Hyundai is launching an electric van as its first export model based on its new EV platform

Baua Electric

Hyundai announced a new deal with Iveco Group to supply an all-electric van based on its global eLCV platform. The Iveco-badged electric van will be Hyundai’s first export to use its new EV platform. Hyundai will build the chassis, while Iveco will customize the electric vans, distributing them through its network.

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Hyundai to add hybrids at EV-only plant as rising demand throws a curveball

Baua Electric

Following similar announcements from rivals, Hyundai is adding more hybrids to its lineup as a bridge to its next-gen EVs. Hyundai will add hybrid production lines at its dedicated EV plant in Georgia as demand rises. Hyundai Q1 2024 sales by region (Source: Hyundai) Overall, EVs accounted for 4.5% (vs 6.5% vs. 15.9%).

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Hyundai & Kia take second place after Tesla in US EV sales

Teslarati

South Korean automakers Hyundai and Kia placed second together in US electric vehicles (EV) sales after Tesla, beating Detroit-based legacy automakers Ford and General Motors. Hyundai and Kia, along with the Genesis brand, are owned by Hyundai Motor Group, which holds the fourth-largest share in the US car market.

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Hyundai bets on new materials to improve its upcoming electric vehicles

Baua Electric

Hyundai is constantly looking for ways to improve the range and performance of its EVs. With its latest partnership, Hyundai will develop new materials for better EV performance. According to Chang Song, Hyundai’s president, the company aims to become a “first mover and gain a competitive edge” with the new materials.

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