Tesla's Grip Slips: U.S. Market Share Plummets Below 50%As of April 2024, Tesla, the largest EV company in the US, held less than 50% of the new electric vehicle market share in the country.
Hyundai Revs Up U.S. Production with IONIQ 5 at New Georgia PlantHyundai Motor has decided to produce the Ioniq 5 as the first vehicle at its new plant in Georgia, USA, named HMGMA.
US Electric Vehicle Market Heats Up with Price Cuts: A Look at the CompetitionPrice cuts for BEVs continue in the US market. The average price of new BEVs in the first quarter of 2024 fell 9%.
Hyundai's Ioniq 5 eN1: The Electric Race Car of the FutureHyundai Motor Company is set to host the 2024 Hyundai N Festival on the 11th and 12th at the Everland Speedway in Yongin, Gyeonggi Province. The Hyundai N Festival will also feature the eN1 Class, Korea’s first electric vehicle racing competition. The class will showcase the Ioniq 5 eN1 Cup Car, the first electric race […]
Hyundai Ioniq 5: Game Changer in U.S. Electric Car Sales3,361 units sold in March, a 58% increase compared to last year6,822 units sold in Q1, an 18% increase compared to last yearIoniq 6 and Kona EV joining the lineup to set new records Hyundai Motor Company is gaining prominence in the U.S. electric vehicle (EV) market by showcasing its brand-specific EV models. In particular, […]
Hyundai Motor Group Ranks Second in U.S. EV Market Share after TeslaIoniq 5 / Hyundai Hyundai Motor Group has risen to second place in the electric vehicle market in the United States, following Tesla. With a market share nearing double digits, expectations for this year’s sales volume are rising. According to industry sources on the 25th, the ranking of electric vehicle sales in the United States […]
Hyundai's Electric Vehicle Lineup Racks Up 48 Awards Across 13 CountriesIn the fierce global electric vehicle market, Hyundai Motor Group’s various electric vehicle models have been honored one after another at award ceremonies hosted by influential automotive organizations and media around the world, including in the U.S., Europe, and Asia. According to Hyundai Motor Group on March 19, the electric vehicles of its three brands […]
Explore the Features of 'Hyundai Ioniq 6: 'Electric Car of the Year' [TheGuru=Jinwoong Yoon] Hyundai Ioniq 6 has been selected as the '2023 Electric Vehicle of the Year' by the US automotive publication The Driver...
Hyundai and Kia Set New U.S. Sales Records for Ioniq 5 and EV6In October 2023, Hyundai Ioniq 5 U.S. sales jumped 88% YoY to 2,979 units, while Kia's EV6 increased 30%, selling 1,542 units.
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