Boston Consulting Group Hyundai News Price 
Baua Electric
JUNE 7, 2024
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. Electric vehicle prices have fallen significantly in the US after a series of aggressive price cuts led by Tesla over the past few years.
Baua Electric
MARCH 22, 2024
Hyundai is offering two of the cheapest cars to lease (EV or gas-powered), the IONIQ 6 and Kona EV, in the US, with prices as low as $169 per month. Hyundai EVs are some of the cheapest cars to lease After selling a record number of vehicles in the US, Hyundai looks to keep the momentum rolling in 2024.
The Truth About Cars
MARCH 21, 2024
A new study is claiming that automakers lose an average of $6,000 for every $50,000 electric vehicle they sell. Boston Consulting Group, an American-based global management consulting firm that issued the report, said the figure accounts for customer tax credits — painting a rather bleak picture for the future of EVs.
Baua Electric
APRIL 5, 2024
Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. Tesla’s Model 3 was the next closest to hitting the mark.
Baua Electric
MARCH 20, 2024
While automakers prepare to launch their next wave of electric vehicles, Hyundai already has an EV that checks all the boxes. According to a new report, the Hyundai IONIQ 6 is the only EV on the market offering fast charging in under 20 minutes, over 350 miles range, and at an affordable starting price.
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. Hyundai Motor, including Kia, generated a record over $9 billion (KRW 12.27 In the US, Hyundai shattered its sales record for the third year in a row.
Cars That Think
JANUARY 17, 2023
The automaker has already begun idling auto plants and is warning of future closures to pay for its transition to EVs and to try to keep EV prices affordable. Brian Cassella/Chicago Tribune/Tribune News Service/Getty Images. billion to South Korean company Hyundai and $1.5 North Carolina has provided $1.2 billion to Rivian.
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