Affordable EVs are on the way. Hyundai plans to launch a cheaper electric vehicle,
the IONIQ 2, that will sit below the popular IONIQ 5 SUV.
Hyundai is doubling down on its plans to become a top three EV maker by 2030.
The Hyundai Motor Group (including Kia) plans to sell 3.6 million EVs by the end of the decade.
Hyundai hit a new export record last month, driven by surging demand for EVs.
The company says its EVs are “playing a major role” in helping them secure leadership in the global electric vehicle market.