Kia surprisingly tops Hyundai in market value with affordable EVs rolling out
Baua Electric
JANUARY 31, 2024
The Hyundai Motor Group was formed in 2000 after buying out Kia. Despite a “difficult business environment” expected this year, Kia plans to keep the momentum up by launching new lower-cost EVs. The new low-cost EVs were revealed during Kia’s first EV day in October. million in sales (wholesale).
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