Teslarati

FEBRUARY 28, 2024

Hyundai Motor Group’s Metaplant America (HMGMA ) in Georgia will likely boost its electric vehicle (EV) sales in the United States. Hyundai Motor Group is investing $7.59 A study by the Center for Automotive Research estimated that Hyundai’s investments in Georgia will create about 40,000 jobs and result in $4.6

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Teslarati

OCTOBER 12, 2023

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. This helped to cancel out increases from BMW (4.4%), Daimler (11.5%), Ford (4.9%), GM (1%), Hyundai (2.8%), Stellantis (5.6%) and Volkswagen (4%). ” For Tesla, transaction prices decreased 5.5

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Teslarati

JULY 16, 2024

Hyundai announced the debut of an all-electric 3-row IONIQ SUV later this year. The new Hyundai IONIQ electric vehicle (EV) will likely launch in 2025. Hyundai recently released a few changes to its 2025 Model Year lineup. Hyundai is keeping mum about the all-new model for now.

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Baua Electric

JUNE 24, 2024

After a record 2023, Hyundai and Kia are not slowing down this year. 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. trillion) in profits last year.

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Clean Fleet Report

JUNE 15, 2021

One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., Tesla’s Model 3 paved the way to powerful, affordable EVs. Electric Vehicles are Affordable. You can now purchase an electric vehicle at a fair price due to the existing tax credits.

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The Truth About Cars

AUGUST 23, 2023

Mitsubishi recently announced that it would discontinue the Mirage, removing one of America’s few remaining affordable new cars. Hyundai cut the Rio’s corporate counterpart, the Accent, after 2022, and sales of the subcompact have been slow for a while. Though disappointing, the move isn’t a surprise.

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The Truth About Cars

SEPTEMBER 22, 2023

Hyundai is offering customers willing to buy an all-electric vehicle a Level 2 home charger for no extra cost. While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America. or from a free-trade agreement partner.

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EV Adoption

JUNE 21, 2022

Nine of these EVs have a base MSRP of less than $35,000 and another nine would have a net effective price below $30,000 when factoring in the applicable federal EV tax credit. And buyers in some states may qualify for further incentives including rebates or no sales tax, along with some utilities also providing rebates.

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Teslarati

AUGUST 5, 2022

4 will be the third most affordable electric vehicle offering in the United States, but the German automaker will nerf performance to reach the price point. The vehicle will now have a starting price of $37,495 instead of $39,995 and, with federal tax credits, will be just under a $30,000 vehicle at the base model.

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Baua Electric

MAY 28, 2024

The new affordable VW EVs are expected to be priced around $21,800 (20,000 euros). VW still aims for affordable EVs to debut in 2027 After walking away from its partnership to develop an entry-level EV (20,000 euro) with Renault, Volkswagen is going solo. VW said last week it was still looking at its options for affordable EVs.

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Baua Electric

JUNE 7, 2024

Buying an electric car with at least 300 miles of range is getting more affordable than ever. Several automakers, including Hyundai , Kia, and Tesla, are now offering long-range EVs (those with at least 300 miles range) that are cheaper to buy than the average gas-powered car in the US.

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Baua Electric

JANUARY 25, 2024

Hyundai sold 268,785 EVs last year as demand for the IONIQ 5 and IONIQ 6 picked up. Hyundai sold 268,785 EVs in 2023 During the last three months of 2023, Hyundai sold over 57,975 electric vehicles globally. With this, Hyundai’s global EV sales reached 268,785 in 2023. billion EV and battery plant in late October.

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Baua Electric

DECEMBER 16, 2024

Volvos most affordable EV, the EX30 , already has up to $9,000 in discounts with US deliveries just around the corner. Volvos most affordable EV hits the US with big discounts The EX30 is already among the top-selling electric cars in Europe after delivering the first models in January. Even the Volvo C40 Recharge may be a better buy.

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Baua Electric

JUNE 17, 2024

Despite the competition pulling back, Hyundai is racing full speed ahead as it looks to close the gap with Tesla in the US electric vehicle market. Hyundai Motor Group CEO Chang Jae-hoon confirmed EVs are “the top priority” in the US as construction on its massive $7.59 Hyundai’s IONIQ EV brand sales are up 42% YOY as of May.

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Baua Electric

JANUARY 12, 2024

With a new special cash offer, the 2024 Hyundai IONIQ 6 can be significantly cheaper to buy than the upgraded Tesla Model 3 Highand. Hyundai is offering a $7,500 purchase incentive on the 2024 IONIQ 6. It’s essentially like receiving the full EV tax credit with a new purchase. 361 $43,656 SEL RWD 77.4

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Baua Electric

JULY 11, 2024

Kia sold more electric vehicles in the US in Q2 than its sister company, Hyundai. With the Niro EV included the growth was enough for Kia to surpass Hyundai in US EV sales in Q2. of the market in Q2, topping Hyundai’s 5.1% Hyundai 21% 5.1% With the $7,500 federal tax credit, prices could fall to as low as $48,995.

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Baua Electric

SEPTEMBER 5, 2024

Hyundai’s electric vehicles are becoming more affordable in Korea. Hyundai unveiled new E-Value + trims for the IONIQ 5, IO NIQ 6, and Kona EVs in its home market. The cheaper Hyundai EVs use the same battery as the standard models and start at around $22,500 with incentives. Will the new models make their way to the US?

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Baua Electric

SEPTEMBER 26, 2024

Hyundai and Kia are teaming up to develop LFP battery materials to power up lower-priced EVs. Hyundai and Kia eye cheaper EVs with LFP battery tech Hyundai and Kia launched a new project to develop lithium iron phosphate battery cathode material for future EV models. According to SNE Research , China’s CATL accounted for 31.6%

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Baua Electric

JANUARY 8, 2025

With discounts, Hyundais new 2025 IONIQ 5 can be bought for under $28,000, nearly half off MSRP. Hyundais best-selling electric SUV is now better than ever. The 2025 Hyundai IONIQ 5 was introduced last September with more range, style, and features. Hyundais promotion ends on February 3, 2025. But thats not all.

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Baua Electric

JUNE 3, 2024

If you’re seeing more electric Hyundai SUVs out and about, it’s not just you. Hyundai Motor America sold a record number of IONIQ 5 models in May as EV sales continue trending higher. Hyundai has continued its hot streak this year despite talk of an “EV slowdown.” In April , Hyundai sold 3,702 IONIQ 5s, up 59% YOY.

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Baua Electric

JULY 2, 2024

Hyundai is showing no signs of slowing down in the US EV market after a record-breaking second quarter. The Hyundai IONIQ 5 and IONIQ 6 both set new Q2 sales records as demand for long-range EVs at an affordable price continues to climb in the US. And that’s for the 2024 Hyundai IONIQ 5 SEL RWD with up to 303 miles range.

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Cars That Think

APRIL 4, 2022

The Hyundai Ioniq5 and Kia EV6 that I recently tested—a pair of wildly impressive, high-design EVs—take a different approach to solving range anxiety: an 800-volt battery architecture that delivers some of the fastest charging in the EV game, and unheard of at these price levels. The Hyundai Ioniq5. The Hyundai Ioniq5.

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Baua Electric

JUNE 26, 2024

Kia will launch EV4 production in early 2025, aiming to build 70,000 models a year to meet the demand for affordable EVs. A new affordable EV is coming next year Kia unveiled the EV4 last October as part of its new lineup of mass-market electric vehicles. According to Kia, the EV4 “redefines the electric sedan.”

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Baua Electric

SEPTEMBER 4, 2024

Demand for Hyundai’s best-selling EV continues to climb. The Hyundai IONIQ 5 set a new August US sales record ahead of the updated 2025 model, which will arrive at dealerships this fall. Hyundai had its best-ever total and retail August sales month in the US, with 79,278 vehicles sold, up 22% from last year.

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Baua Electric

JUNE 19, 2024

Despite talk of an “EV slowdown,” Hyundai is charging ahead. 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 does not see its EV growth slowing in Europe over the next few years.

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Baua Electric

SEPTEMBER 27, 2024

Instead of adding lithium to “precursor materials” like phosphate and iron sulfate, as in current LFP production, a new “direct synthesis” process would combine iron powder, phosphate, and lithium without the precursor step, Hyundai and Kia explained. LFP battery tech originated in the U.S. ,

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Teslarati

JANUARY 7, 2024

It’s also expected to help the automaker gain access to EV tax credits in the U.S. Honda and General Motors (GM) had also planned a partnership to develop affordable EVs and compete with market leader Tesla, though the automakers said in a joint statement in October that they would be canceling those plans.

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Baua Electric

OCTOBER 17, 2024

Hyundai’s cheapest EV is now even more affordable in Korea. With subsidies, Hyundai expects the new model will be available for as little as $7,300 (10 million won). million won), Hyundai’s Casper Electric is already a hit in its home market. million won) after tax benefits. million won).

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Baua Electric

AUGUST 19, 2024

Hyundai Motor Group, including Kia and Genesis, is taking the US EV market by storm this year. After reaching double-digit market share, Hyundai continued closing the gap with Tesla as the second-largest EV brand in the US through July. Hyundai outpaced Ford (7.4%) and GM (6.3%), according to Motor Intelligence.

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Baua Electric

MAY 23, 2024

in March as several automakers, including Hyundai and Ford, saw electric car sales surge. With new affordable models like the Volvo EX30 and Chevy Equinox EV, some see the momentum picking up in 2024. Hyundai and Ford see EV registrations surge Hyundai and Ford strengthened their positions in March as EV registrations accelerated.

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Baua Electric

FEBRUARY 28, 2024

However, Jacobson said GM is “mindful” of the growing need for affordable EVs. GM has already delayed production of its promised affordable electric replacement, the Equinox EV. The brand expects it to be the most affordable EV in its segment under $35,000 with up to 319 miles range. Chevy Equinox EV 2LT $43,295 319 mi 17.7″

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EV Connect

JUNE 25, 2024

Because they have 90% fewer moving parts than internal combustion engine vehicles, BEVs are the most fuel-efficient and affordable vehicles to maintain of all. Some electric vehicles even qualify for federal tax credits, worth up to $7,500, but these depend on satisfying critical mineral and battery component criteria.

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Clean Fleet Report

APRIL 8, 2021

Affordable Cars that Move the Green Needle. Despite these trends, there are still affordable clean cars on the market today. Most affordable–and maybe the most fun. It comes in at an MSRP of $29,900, and that’s before the $7,500 federal EV tax credit. A long legacy as an affordable EV. Mini Cooper SE.

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Baua Electric

JUNE 10, 2024

Hyundai Motor Group, including Tesla, is gaining ground on Tesla in the US electric vehicle market. After a record start to 2024, Hyundai and Kia accounted for 11.2% Hyundai and Kia have been on a roll with some of the most affordable, fuel-efficient electric cars in the US. Hyundai Motor’s share has risen from 3.2%

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Baua Electric

JANUARY 10, 2024

Hyundai and Kia placed second in the US EV market behind Tesla after a record sales year in 2023. Hyundai and Kia take second in US EV sales According to Kelley Blue Book estimates, a record 1.2 Hyundai capped off a record year with nearly 47,000 IONIQ 5 and IONIQ 6 EVs sold, while Kia sold almost 19,000 EV6 electric crossovers.

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Teslarati

FEBRUARY 12, 2024

While the Equinox EV 1LT’s starting price of $34,995 price seems quite a bit higher than the “around $30,000” estimate shared by GM in the past, it is still a fairly affordable electric vehicle. At that price, the Equinox EV becomes a pretty legitimate contender in the all-electric crossover segment.

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Baua Electric

OCTOBER 25, 2024

Is Hyundai bringing its most affordable EV to the US? For the first time, Hyundai’s Casper Electric was spotted driving on US streets. After opening pre-orders for its smallest and most affordable in July, starting at just $23,000 (31.5 million won), the Casper Electric is already Hyundai’s best-selling EV in Korea.

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