In the US, Hyundai's flagship electric SUV, the Ioniq 5, ramped up sales by 30.9 percent to 44,400 units. A recovery in tax credits for commercial clean vehicles under the Inflation Reduction Act (IRA) helped bolster its sales its sales to become the first of Hyundai's EV lineup to surpass 100,000 cumulative sales in the US.
The list of automakers with access Tesla's Supercharger EV charging network continues to grow as time goes on.
Hyundai Motor Group ranked second in electric vehicle sales in the US last year, following the No.1 EV maker Tesla, with plans to boost local production amid the inauguration of Donald Trump. According to data from the Korea Automobile & Mobility Association,
Hyundai CEO Jose Munoz said he thinks the Tesla CEO's influence over the Trump administration may be positive for the rest of the auto industry.
Hyundai and Kia surpassed Ford in EV sales in the U.S. Tesla was the top-selling brand, while GM's brands sold less.
Tesla, BYD cut electric car prices to compete in European market Electric vehicle price cuts increase competition in the European market
The Japan launch of the Hyundai Inster follows attempts by foreign brands such as Tesla to enter a country which has seen a slow take-up of EVs. With the Inster, Hyundai will tackle the problem with an approach akin to the low-price strategy of China's leading EV maker BYD.
Buy or lease the new 2025 IONIQ 5, and Hyundai will give you a free ChargePoint Level 2 EV charger. Or, you can choose a $400 charging credit. That’s a pretty sweet deal, with leases starting as low as $199 per month. Here’s how you can snag the offer.
Korean automaker follows in footstep of GM, Ford and Toyota to safeguard interest Hyundai Motor has decided to donate $1 million to the upcoming inauguration of US President-elect Donald Trump as it seeks to bolster ties with the incoming leader looking to impose tariffs and strengthen protectionism.
Mercedes-Benz is giving its electric vehicle owners access to Tesla's Supercharger network for public fast charging with approved adapters.
Polestar is keeping the ball rolling in 2025. The Chinese-owned electric carmaker has confirmed the Polestar 5 four-seat Grand Tourer will enter production this year and confirmed plans for the Polestar 7 compact electric SUV.
Tesla is discounting select Cybertrucks, the latest indication that the EV pickup and its polarizing design are suffering from a demand slump. Christian Weingärtner is now VP of Europe Business ...