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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. And that’s including gas-powered cars. 361 $43,656 SEL RWD 77.4

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Hyundai introduces decked-out IONIQ 6 EV Black Edition

Baua Electric

Hyundai unveiled a sleek new IONIQ 6 Black Edition this week. Hyundai unveils IONIQ 6 Black Edition Following the launch of the updated IONIQ 5 earlier this week, Hyundai revealed another new model in Korea. Hyundai revealed the IONIQ 6 Black Edition. Hyundai is giving up to 1.6 We can help you get started today.

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Electric Vehicle Spotlight: Financing Chevrolet Equinox EV

EV Life

Building on the success of the popular and affordable Bolt EV and Bolt EUV , the automaker has continued to expand its electric offerings to include EV versions of several of its most popular models. We’ll also show you how to save a ton of money by financing your purchase through EV Life. Enter the Chevrolet Equinox EV.

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Hyundai Offering Free Chargers to EV Buyers, Swelling Industry Incentives

The Truth About Cars

Hyundai is offering customers willing to buy an all-electric vehicle a Level 2 home charger for no extra cost. While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America. or from a free-trade agreement partner.

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Rivian (RIVN) R1S cracks top 5 best-selling EVs in Q4 just as EV leasing heats up

Baua Electric

New data from Xperian’s State of the Automotive Finance Market Report Q4 2023 shows Rivian’s electric was the fifth best-selling EV in the US last quarter. SUVs, in general, dominated in the fourth quarter, pulling market share from pickups and sedans with almost 63% of financing. That’s up from 7.1% a year ago.

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Tesla Supplier LG Energy Solution tempers 2024 revenue expectations

Teslarati

They simply can’t afford it,” he said. According to local Asian news outlets, LGES joins the growing list of automakers and suppliers who have shown concerns about EV demand during rising interest rates. Tesla CEO Elon Musk shared similar concerns about interest rates during the company’s last earnings call. year-over-year.

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Hatchbacks not giving up territorial rights so easily | Autocar Professional

Baua Electric

What’s more, in March 2024, for the first time, the top two vehicles sold were SUVs—Tata Punch and Hyundai Creta. To make matters worse, even vehicle finance rates are at their peak at 9.5%. Even though SUV volumes have risen drastically, players such as Hyundai feel that hatchbacks remain relevant. lakh to Rs 8.2

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