Remove Affordable Remove Hyundai Remove Market Remove Motor
article thumbnail

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

Electrek

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.

Kia 133
article thumbnail

Hyundai Motor Group to acquire controlling interest in mobile robot firm Boston Dynamics

Green Car Congress

Hyundai Motor Group will acquire a controlling interest in the mobile robot firm Boston Dynamics from Softbank in a deal that values Boston Dynamics at $1.1 The deal came as Hyundai Motor Group envisions the transformation of human life by combining world-leading robotics technologies with its mobility expertise.

Boston 475
article thumbnail

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. 305 $51,265 SE Dual Motor AWD 77.4

article thumbnail

Hyundai is ‘humble and hungry’ to separate itself from the EV pack, Tesla NACS coming soon

Electrek

After a strong start to 2024, Hyundai expects the momentum to continue with some of the most affordable and efficient EVs on the US market. In an exclusive interview with Electrek , Hyundai Motor America CEO Randy Parker said the company is “humble and hungry” as it remains committed to EVs in the US.

Hyundai 127
article thumbnail

Hyundai commits to fulfilling electrification strategy despite hybrid appeal

Teslarati

Hyundai is committing to fulfilling its electrification strategy, refusing to divest and putting effort toward other, potentially more in-demand powertrains as it continues to find its footing in the world of electric vehicles. Hyundai is one of these companies. And our products have done extremely well in the marketplace.”

Hyundai 120
article thumbnail

Kia surprisingly tops Hyundai in market value with affordable EVs rolling out

Baua Electric

For the first time since 2001, Kia surpassed Hyundai in market value with new affordable EVs rolling out this year. Kia surpasses Hyundai in market value Hyundai, which saved Kia from bankruptcy in 1998, owns around a third of the South Korean automaker. trillion won). million in sales (wholesale).

Kia 52
article thumbnail

Hyundai Motor Group’s Supernal unveils eVTOL vehicle cabin concept at 2022 Farnborough International Airshow

Green Car Congress

Supernal revealed its initial eVTOL vehicle cabin concept at Farnborough International Airshow, providing the first look at how Hyundai Motor Group is integrating automotive capabilities to develop the Advanced Air Mobility (AAM) market. —Jaiwon Shin, President of Hyundai Motor Group and CEO of Supernal.

Hyundai 221