Remove Available Remove Boston Consulting Group Remove Dealers Remove GM
article thumbnail

Hyundai, Tesla pave the way for long-range (+300 mi) EV prices falling below average gas cars

Baua Electric

Hyundai’s IONIQ 6 was found to be the only EV that met potential buyers’ median price, range, and charging targets, according to a recent report from Boston Consulting Group. Source: Boston Consulting Group) At just $243 per month, the IONIQ 6 is significantly cheaper to lease than the Toyota Camry, which costs $346 per month.

article thumbnail

Hyundai and Kia are gaining a competitive edge ahead of the affordable EV offensive

Baua Electric

2024 Hyundai IONIQ 5 (Source: Hyundai) Despite rivals like Ford and GM pulling back on EV plans, Hyundai and Kia remain focused on closing the gap with Tesla. For now, electric vehicles are the top priority,” Hyundai Motor Group CEO Chang Jae-hoon said earlier this month. FTC: We use income earning auto affiliate links.

Kia 52