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.

Elon Musk’s close relationship with incoming US President Donald Trump could be good for all automakers, according to the new chief executive officer of Hyundai Motor Co., who dismissed concerns over the influence the Tesla Inc.

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,

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

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.

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 ...

Korean automaker follows in footstep of GM, Ford and Toyota to safeguard interest Hyundai Motor has decided to donate $1 million to the upcoming inauguration of US President-elect Donald Trump as it seeks to bolster ties with the incoming leader looking to impose tariffs and strengthen protectionism.

Hyundai and other automakers are following Tesla's "Gigacasting" technology in which major sections of vehicles are made with large single parts, thereby streamlining production and lowering costs. "Hyundai Motor Group is making the largest investment ever ...

Hyundai launches online car sales on Amazon, promising purchases in 15 minutes Hyundai revolutionizes vehicle shopping with rapid online purchases on a popular e-commerce site

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.