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Hyundai IONIQ 5 and IONIQ 6 set new Q2 US sales records as EV hot streak continues

Baua Electric

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. The IONIQ 5 wasn’t Hyundai’s only EV with a new sales record.

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Hyundai & Kia take second place after Tesla in US EV sales

Teslarati

South Korean automakers Hyundai and Kia placed second together in US electric vehicles (EV) sales after Tesla, beating Detroit-based legacy automakers Ford and General Motors. Hyundai and Kia, along with the Genesis brand, are owned by Hyundai Motor Group, which holds the fourth-largest share in the US car market.

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Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

Green Car Congress

At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 The company aims for 2 million units in annual EV sales by 2030. trillion (US$85 billion) over the next 10 years, including KRW 35.8

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EVs Take 55% Of The German Auto Market In December!

CleanTechnica EVs

The tide has turned in the electrification of the German auto market, with plugin electric vehicles taking the majority of sales for the first time in December. of the month’s passenger auto sales, with full electrics taking a third (33.2%), and plugin hybrids taking over a fifth (22.2%). Plugins took 55.4%

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Hyundai Motor Group plans to become top 3 EV manufacturer by 2030; investing US$18.2B in Korean EV market

Green Car Congress

Hyundai Motor Group (the Group) today announced its goal to become one of the world’s top 3 EV manufacturers by 2030 through the combined sales of Hyundai Motor, Kia and Genesis electric models, at the groundbreaking ceremony of Kia’s dedicated plant for purpose-built vehicle (PBV) production in Korea. million units by 2030.

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Hyundai Motor to use solar energy to power Georgia Metaplant

Teslarati

Hyundai Motor will use solar energy to power its Georgia Metaplant, which is still under construction. South Korean automaker Hyundai Motor Group signed a 15-year power agreement with Spain’s Matrix Renewables to power the electric vehicle (EV) plant. However, EV sales growth has reportedly slumped.

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Hyundai to launch Creta EV in Q4 FY25, mass market model in offing | Autocar Professional

Baua Electric

Hyundai Motor India plans to calibrate its EV strategy and plan its EV timeline in line with market demand in the country by launching appropriate models, according to the draft red herring prospectus filed by the company with the Securities Exchange Board of India for an IPO.

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