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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. 305 $51,265 SE Dual Motor AWD 77.4 361 $43,656 SEL RWD 77.4

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Hyundai and Kia are gaining a competitive edge ahead of the affordable EV offensive

Baua Electric

The tailwind comes as the South Korean automakers are launching affordable EVs in key global markets, including the US. Hyundai Motor, including Kia, generated a record over $9 billion (KRW 12.27 For now, electric vehicles are the top priority,” Hyundai Motor Group CEO Chang Jae-hoon said earlier this month. million).

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

The automaker has already begun idling auto plants and is warning of future closures to pay for its transition to EVs and to try to keep EV prices affordable. employees engaged in motor vehicle parts manufacturing, about one-quarter—nearly 150,000—make components for internal combustion powertrains.”.

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Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Electric car supporters are rising to defend General Motors’ development of the Chevy Volt after the Obama Administration’s automotive task force proclaimed that the car was probably too expensive to be commercially successful in the near future. . April 17, 2009 11:38 am Link Goodbye GM. and Chrysler. Whatever B.C.G.’s

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