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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 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 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 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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Tesla Model Y Takes Over 38% Of Norway’s Auto Sales In March!

CleanTechnica EVs

share of the auto market in March, down from 91.9% The slight dent in share came from a drop in plugin hybrid volume, against overall market growth. Overall auto volume was 19,366 units, up some 19% YoY, and the highest March sales since at least 2016 […] Norway’s plugin electric vehicles took 91.1%

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Hyundai sets massive sales growth target propelled by new EV offerings

Teslarati

Hyundai has announced that it aims to grow auto sales by 10% this year alone. Over the past two decades, Hyundai Motor Group has become a sizable competitor in the automotive industry. Following this success, the Korean automotive group has set the ambitious goal of growing its vehicle sales by 10% in 2023.

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