Boston Consulting Group Ford Hyundai Sale 
Baua Electric
APRIL 5, 2024
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.
The Truth About Cars
MARCH 21, 2024
Boston Consulting Group, an American-based global management consulting firm that issued the report, said the figure accounts for customer tax credits — painting a rather bleak picture for the future of EVs. Automakers differ in their approaches to EVs, but most have felt the punch of slowing sales growth.
Baua Electric
APRIL 12, 2024
2024 Ford Mustang Mach-E However, 35% of those surveyed said they might consider buying an EV in the future—down from 43% a year ago. 2024 Hyundai Ioniq 6 These findings come in the context of rising EV sales. It found that only one vehicle meets those needs now—the Hyundai Ioniq 6. EVs represent about 8% of the U.S.
Baua Electric
MARCH 20, 2024
While automakers prepare to launch their next wave of electric vehicles, Hyundai already has an EV that checks all the boxes. According to a new report, the Hyundai IONIQ 6 is the only EV on the market offering fast charging in under 20 minutes, over 350 miles range, and at an affordable starting price. 361 $43,656 SEL RWD 77.4
Cars That Think
JANUARY 17, 2023
Ford, for example, recently cut 3,000 highly-paid salaried and contract workers as a down payment to help fund the transition to EVs. Ford CEO Jim Farley has said , employee cuts are necessary as Ford has “too many places in some places, no doubt about it. Ford is not alone.
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