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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.

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Kia will beat Rivian and Tesla into affordable mass-market EVs

Electrek

Although Rivian and Tesla are making headlines with planned expansions into mass-market electric vehicles, Kia is set to launch two affordable EVs of its own. One of them, the Kia EV3, is expected to launch by the end of the year.

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

Electrek

For the first time since 2001, Kia surpassed Hyundai in market value with new affordable EVs rolling out this year. Kia is now South Korea’s fifth most-valued stock at $31 billion (41.3 trillion won).

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ACEA map: Affordability of electric cars, correlation between market uptake and GDP in the EU

Green Car Congress

The European Association of Automobile Manufacturers (ACEA) has published an interactive map that illustrates the correlation between the market uptake of electrically-chargeable vehicles (ECVs) and GDP per capita for each of the 27 EU member states and the United Kingdom. Across the EU, 3.0% Across the EU, 3.0% and Italy 0.9%).

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BYD launches affordable Dolphin EV in Japan to unlock market dominated by Toyota

Electrek

more… The post BYD launches affordable Dolphin EV in Japan to unlock market dominated by Toyota appeared first on Electrek. BYD launched the all-electric Dolphin hatchback starting at ¥3.63 million ($24,570) in Japan Wednesday as it looks to take on Toyota head-on.

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Ford may build its affordable EV platform in this key overseas market to revamp sales

Electrek

Amid its shift to more affordable electric vehicles, Ford could build its new EV platform overseas as it looks to revamp sales.

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BYD’s affordable Seagull EV poised to arrive as the UK’s cheapest electric car

Electrek

BYD’s most affordable Seagull EV, starting under $10,000 (69,800 yuan), could arrive as the UK’s cheapest electric car. Although BYD has yet to confirm plans, UK leaders see a market for the low-cost “Lamborghini Mini” EV.