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EV Boom Helps Drive Record US Sales for Hyundai and Kia

Started by Epoch-Times-Bot, Dec 01, 2022, 10:04 PM

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Epoch-Times-Bot

Dec 01, 2022, 10:04 PM
EV Boom Helps Drive Record US Sales for Hyundai and Kia

Demand for electric vehicles (EVs) helped drive record sales for South Korean automakers Hyundai and Kia in the United States last month, as EV adoption continues to grow and Tesla's dominance of the market slips.
Hyundai Motor America had "terrific" sales in November, especially for its lineup of "eco-friendly vehicles," the company's CEO Randy Parker noted in a statement released Thursday.
Retail sales of two EV models, the Elantra Hybrid sedan and Kona Electric SUV, rose 733 percent and 113 percent, respectively, compared to the same month in 2021. Including gas-powered cars, Hyundai sold a total of 63,305 units during the month, up 43 percent from November 2021, although year-to-date sales were down 5 percent compared to the same period last year....

Source: EV Boom Helps Drive Record US Sales for Hyundai and Kia

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