article thumbnail

Tesla, Toyota, or Hyundai — Who Wore It Best? A 1st Quarter US Sales Analysis

CleanTechnica EVs

In this article, I analyze the Q1 sales results of three leading automakers and try to make sense of why the EV laggards did the best. continued] The post Tesla, Toyota, or Hyundai — Who Wore It Best? A 1st Quarter US Sales Analysis appeared first on CleanTechnica.

Hyundai 135
article thumbnail

Hyundai & Kia take second place after Tesla in US EV sales

Teslarati

South Korean automakers Hyundai and Kia placed second together in US electric vehicles (EV) sales after Tesla, beating Detroit-based legacy automakers Ford and General Motors. Hyundai and Kia, along with the Genesis brand, are owned by Hyundai Motor Group, which holds the fourth-largest share in the US car market.

Kia 109
article thumbnail

Hyundai sets massive sales growth target propelled by new EV offerings

Teslarati

Hyundai has announced that it aims to grow auto sales by 10% this year alone. Over the past two decades, Hyundai Motor Group has become a sizable competitor in the automotive industry. Following this success, the Korean automotive group has set the ambitious goal of growing its vehicle sales by 10% in 2023.

Hyundai 87
article thumbnail

Aptiv to sell stake in self-driving venture to Hyundai, cuts FY sales view – ET Auto

Baua Electric

As part of the agreement, Hyundai will fund Motional with an additional USD 475 million, which is expected to occur in the second quarter. Auto parts supplier Aptiv on Thursday cut its annual sales forecast and said it would reduce equity interest in its self-driving joint venture, Motional, with Hyundai Motor.

Hyundai 52
article thumbnail

Ford and Hyundai report over 70% and 30% growth in EV sales

Teslarati

In their respective June sales reports, Ford and Hyundai saw growth in EV sales compared to last year’s second quarter. growth in EV sales, while Hyundai posted a respectable ~30% growth year-over-year. electric vehicle sales.” ” The brand totaled 4,353 EV sales in June alone, a 76.6%

Hyundai 113
article thumbnail

Hyundai sales growth challenged by a huge problem in the U.S.

Teslarati

Hyundai has reported record Q3 sales, mirroring its Kia sister brand. Hyundai/Kia continues to grow their sales in the US and are finding a lot of success in their electric vehicle offerings. Both brands will compete with Ford for second place in EV sales in the US, still far from the market leader, Tesla.

Hyundai 69
article thumbnail

Hyundai, Kia join China’s Baidu to develop connected cars – ET Auto

Baua Electric

Seoul, South Korea’s top carmaker Hyundai Motor and its affiliate Kia said on Sunday that they have inked an agreement with China’s tech giant Baidu to develop technologies for connected cars. The annual sales of connected cars in China are anticipated to reach 17 million units this year, marking a sharp rise from 7.2

Kia 52