Genesis is quietly outpacing luxury rivals as EV availability expands into new states
Baua Electric
MAY 14, 2024
The luxury Genesis brand is outpacing rivals, closing in on Porsche and Land Rover in sales as its all-electric models expand into new states. Genesis sales have grown from less than 7,000 in 2016 to over 69,000 last year, according to data from CNBC. The sportier Magma brand is designed to spread awareness and boost sales.
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