Baua Electric

JUNE 19, 2024

Hyundai is launching two new electric vehicles in Europe, including a low-cost EV and a new IONIQ model, to boost its market share in the region. Hyundai is launching the Inster EV, an affordable electric car under $27,000 (25,000 euro), and a new IONIQ model. Despite talk of an “EV slowdown,” Hyundai is charging ahead.

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Baua Electric

JULY 2, 2024

Kia’s EV sales hit new record in first half of 2024 Kia is on a roll in the US with affordable, long-range models like the three-row EV9 and EV6, reaching buyers. Kia kicked off EV9 production in Georgia in May as the first EV built in the state. With the $7,500 federal tax credit, prices fall to as low as $48,995.

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Baua Electric

JUNE 24, 2024

The tailwind comes as the South Korean automakers are launching affordable EVs in key global markets, including the US. billion Hyundai Motor Group Metaplant America (HMGMA) in Georgia is expected to be up and running by the end of the year. The EV3 is the first of Kia’s new low-cost electric car line-up priced from $30,000 to $50,000.

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Baua Electric

SEPTEMBER 26, 2024

According to Hyundai, this reduces hazardous substance emissions and cuts production costs. More affordable EVs are coming Hyundai claims its new method can boost production efficiency while driving lower costs compared to current processes. However, Hyundai and Kia are planning to launch even more affordable EVs.

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Green Car Congress

JULY 21, 2016

Georgia Power. Southern Company: Georgia Power. It will also list current tax credits and incentives applicable to EV charging. This will result in a significantly smaller, lighter weight, less expensive battery pack (below $100/kWh) and more affordable EVs. Dayton Power & Light Company. Duke Energy. Maui Electric.

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