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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. This included the installation of a hydrogen refueling station and providing NEXO SUVs.

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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. What do you think? Let us know in the comments.

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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 second-generation platform, the scope of vehicle development extends beyond the mid-sized SUVs covered by the current E-GMP system.

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