WKSP - Hyundai Continues To Expand Its EV Lineup | Benzinga
While legacy automakers General Motors (NYSE: GM) and Ford Motor (NYSE: F) continue to scale down and reassess their EV ambitions, Hyundai Motor Company (OTC: HYMTF) is growing its EV portfolio. After setting a strong foundation with its current EV success in the U.S. with IONIQ 5, IONIQ 6 and Kona Electric, Hyundai will be introducing a three-row electric SUV, the IONIQ 9.
While even the EV king, Tesla Inc (NASDAQ: TSLA) kicked off 2024 by struggling with the slowdown, Hyundai has been enjoying increased interest in its EV offerings. During the first quarter, Hyundai reported that its EV sales surged as much as 62% due to record performances of the IONIQ 5 and Kona Electric.
The IONIQ 9 Promises To Cement Hyundais’ EV Positioning
The Hyundai IONIQ 9 will be Hyundai’s first three-row electric SUV. Therefore, it will compete with three row electric SUVs from Rivian Automotive Inc (NASDAQ: RIVN), namely ...