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Hyundai surpassed Volkswagen Group’s operating profit

Teslarati

Hyundai Motor Group surpassed Volkswagen Group’s operating profit for the first time in Q1 2024. The South Korean automaker attributes its success to diverse offerings, including electric vehicles, plug-in hybrids, and gas-powered cars. In Q1 2024, Hyundai Motor Group reported an operating profit of $5.09

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Check out the ‘EV-derived, futuristic design’ for Hyundai’s new 2024 KONA

Electrek

Hyundai unveiled the design for its next-generation KONA models Monday. Rather than trying to make it look like another gas-powered car, the automaker introduced elements to incorporate the direction in which the auto industry is headed – toward electric vehicles.

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Hyundai's Auto Expo Presentation: Our Thoughts

Plug In India

The PluginIndia team, got a chance to visit the Hyundai India electric car stall at the Auto Expo 2023. Video : Hyundai is just not doing enough. We visited the Hyundai stall at the Auto Expo 23 and there was a huge crowd at the Hyundai stall. And then of course Hyundai had to do it.

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EV prices nipping at gas-powered vehicle heels with discounts and cheaper options

Baua Electric

Who says electric vehicles are too expensive? New data shows EV prices are nearly the same as gas-powered vehicles. EV prices are closing in on gas-powered vehicles According to Cox Automotive , the average transaction price for an EV was $50,798 at the end of 2023. Tesla led the way after slashing prices all year.

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EV chargers increasingly a ‘necessity’ at LA apartments and stores

Teslarati

As the auto industry transitions to electric vehicles (EVs), many have aired concerns that there will not be enough charging stations. One environmentally conscious housing developer, Cityview, is attempting to add as many charging stalls as allowed by a building’s electrical system.

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Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos.

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Hyundai looks to start U.S EV production early to catch new incentives

Teslarati

Hyundai is now considering jump-starting their production in the U.S. According to Reuters , an inside source at Hyundai-Kia has stated the company is now considering attempting to start U.S. production of their electric vehicles sooner rather than later. The post Hyundai looks to start U.S

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