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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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Hyundai Motor Group to invest $7.4B in US by 2025 for EVs, smart mobility, enhanced production

Green Car Congress

Hyundai Motor Group (HMG), which includes Hyundai Motor Company and Kia Corporation, plans to invest $7.4 Hyundai and Kia will invest in growing its EV manufacturing footprint to scale production and satisfy US market demands. The Group also will firmly establish its presence in the robotics field through Boston Dynamics.

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Hyundai, Kia Announce Solid-State Battery With Factorial Energy

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and Kia Corp last week. Hyundai and Kia will integrate Factorial’s technology into the cell, module, and system levels of future vehicles under the terms of the cooperative development agreement, which involves an undisclosed investment from the South Korean automaker. First Time For Factorial.

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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.

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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. Source: Boston Consulting Group) A recent report from Boston Consulting Group found the Hyundai IONIQ 6 was the only EV that met potential buyers’ median price, range, and charging targets. of the US EV market. 361 $43,656 SEL RWD 77.4

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Hyundai Motor Group and Aptiv to form autonomous driving joint venture; autonomous platform to be available in 2022

Green Car Congress

Hyundai Motor Group affiliates—Hyundai Motor, Kia Motors and Hyundai Mobis—will collectively contribute US$1.6 The new joint venture will be led by Karl Iagnemma, President, Aptiv Autonomous Mobility and headquartered in Boston, with technology centers across the United States and Asia, including Korea.

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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. Having acquired Boston Dynamics in 2021 to secure robotics leadership, Hyundai Motor is proceeding with the internalization of core hardware and software through its Robotics Lab.

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