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 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 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,

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

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

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.

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 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 ...

Self-driving cars, also known as autonomous vehicles, are not yet available for purchase by consumers. The combination of computer processing power and advanced automotive

China’s biggest EV maker, BYD, built more electric cars than Tesla in 2024, signaling a global shift toward cheaper electric cars.

Hyundai , Maruti Suzuki and Tata Motors used the India auto show to unveil ambitious plans to expand their electric vehicle charging network to address the issues that are putting customers off making the switch.