Hyundai and Kia are gaining a competitive edge ahead of the affordable EV offensive
Baua Electric
JUNE 24, 2024
With new tariffs on Chinese EVs, Hyundai and Kia look to gain an edge over their overseas rivals. The tailwind comes as the South Korean automakers are launching affordable EVs in key global markets, including the US. Hyundai’s new 2025 IONIQ 5 will be the first vehicle to roll off the assembly line as the automaker looks to a new era.
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