In the US, Hyundai's flagship electric SUV, the Ioniq 5, ramped up sales by 30.9 percent to 44,400 units. A recovery in tax credits for commercial clean vehicles under the Inflation Reduction Act (IRA) helped bolster its sales its sales to become the first of Hyundai's EV lineup to surpass 100,000 cumulative sales in the US.

The list of automakers with access Tesla's Supercharger EV charging network continues to grow as time goes on.

Hyundai Motor Group ranked second in electric vehicle sales in the US last year, following the No.1 EV maker Tesla, with plans to boost local production amid the inauguration of Donald Trump. According to data from the Korea Automobile & Mobility Association,

Hyundai CEO Jose Munoz said he thinks the Tesla CEO's influence over the Trump administration may be positive for the rest of the auto industry.

Hyundai and Kia surpassed Ford in EV sales in the U.S. Tesla was the top-selling brand, while GM's brands sold less.

Tesla, BYD cut electric car prices to compete in European market Electric vehicle price cuts increase competition in the European market

The Japan launch of the Hyundai Inster follows attempts by foreign brands such as Tesla to enter a country which has seen a slow take-up of EVs. With the Inster, Hyundai will tackle the problem with an approach akin to the low-price strategy of China's leading EV maker BYD.

Amid all of the glitzy, high-dollar press conferences about groundbreaking new cars and technology at CES 2025, leave it to Tesla to quietly drop updates to the world's best-selling car on its ...

Hyundai Motor Company, including Kia and its premium brand ... EV market and become the second largest EV seller behind Tesla. Five Hyundai Motor EVs -- the Hyundai Ioniq 5 and Ioniq 9, Kia ...

Realistically, however, Tesla's latest update looks closer to the Hyundai Verna (which starts ... climbed from 4.8 to 4.3 seconds on the dual-motor version. The ground clearance goes from 172.2 ...

Hyundai CEO Jose Munoz isn't ... has raised fears that the Tesla CEO could use his newfound influence to boost his own company and target rival automakers. Musk has already signaled his support ...

Buy or lease the new 2025 IONIQ 5, and Hyundai will give you a free ChargePoint Level 2 EV charger. Or, you can choose a $400 charging credit. That’s a pretty sweet deal, with leases starting as low as $199 per month. Here’s how you can snag the offer.