Remove Boston Consulting Group Remove Kia Remove Tax Credit
article thumbnail

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

Baua Electric

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 Kia opened orders for its EV3 in Korea earlier this month, starting at $30,700 (KRW 42.08

Kia 52
article thumbnail

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

Baua Electric

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. Hyundai, Kia, and Tesla models with at least 300 miles of range cost less than popular gas cars like the Toyota Camry or Rav4.