Hyundai and Kia are gaining a competitive edge ahead of the affordable EV offensive
Baua Electric
JUNE 24, 2024
The tailwind comes as the South Korean automakers are launching affordable EVs in key global markets, including the US. Strong demand in the US, Europe, and India fueled the growth. Hyundai electric cars produced at the facility are expected to qualify for the $7,500 EV tax credit, which will fuel momentum in 2025.
Let's personalize your content