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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. Hyundai’s second dedicated EV, the IONIQ 6, saw sales surge 1,542% in Q1 to 3,646.

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Is Hyundai’s IONIQ 6 the ultimate EV? Fast charging, long-range, and affordable price

Baua Electric

According to a new report from Boston Consulting Group , the Hyundai IONIQ 6 is the only EV on the market that meets potential buyers’ median price, range, and charging targets. Source: Boston Consulting Group) BCG research found that 70% of US consumers are considering buying an EV. FTC: We use income earning auto affiliate links.

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Hyundai IONIQ 6, Kona EV are two of the cheapest cars (EV or gas) to lease at just $169/mo

Baua Electric

Including Kia and Genesis, Hyundai Motor was second, behind only Tesla. According to online auto research firm CarsDirect , Hyundai’s IONIQ 6 is the cheapest car to lease in the US, gas or electric, at an effective cost of just $249 per month. FTC: We use income earning auto affiliate links. of the US EV market.

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Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

Green Car Congress

The next-generation platform will be used on 13 new dedicated EV models from Hyundai Motor Group’s automotive brands Hyundai, Kia and Genesis through 2030. In the existing system, auto parts can only be shared among vehicles that share the same platform. Hyundai Motor Group established Supernal, LLC in Washington, D.C.

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VW, BMW and ChargePoint partner to create SAE Combo DC fast charging corridors on the East and West Coasts

Green Car Congress

There are three fast charging standards currently active in the US: the Japan-developed CHAdeMO (used e.g. in the Nissan LEAF, Kia Soul EV, Mitsubishi i-MiEV); the Tesla Supercharger (used in the Model S); and now the SAE Combo, used by BMW, VW, and GM (Spark EV). Public fast charging in the US.

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Hyundai Motor Group to invest more than $10B in US by 2025

Green Car Congress

HMG intends for the new facility to help the Group lead the US auto market’s EV transition and the Group’s roadmap to be one of top three EV providers in the US by 2026. The Group is committed to the growth of Boston Dynamics by expediting mass production of future products, enhancing product lineup and strengthening competitiveness.

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