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According to EV-Volumes data, from Jose Pontes, five OEMs handled more than half of all EV sales.
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Loosening inventories balance economic pressures, including rising interest rates.
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Data analysis puts South Korean brand’s volume above GM, other big players.
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Court rules that Hyundai’s discretionary allocations weren’t unreasonable.
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NASCAR Driver Toni Breidinger teams up with Kelley Blue Book to test top award winner.
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Hyundai may not maintain its EV sales momentum if it can no longer qualify for U.S. tax credits under the Biden Administration’s Inflation Reduction Act.
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South Korea wants a three-year grace period on the U.S. Inflation Act to enable Korean automakers to keep receiving U.S. electric vehicle (EV) incentives.
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Honda points to continued supply issues as overall industry inventory improves.
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Hyundai Motor Co. will focus on luxury models, SUVs and electric vehicles (EVs) to achieve record-high earnings in 2022.
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