EV sales: Hyundai overtakes GM, but Tesla's U.S. dominance continues

📆 7/7/2023 7:13 PM
📰 CNBC

⏱ Reading Time:
29 sec. here
2 min. at publisher
📊 Quality Score:
News: 15%
Publisher: 72%

Car Car Headlines News

Car Car Latest News,Car Car Headlines

Do you drive an electric vehicle?

such as a Mexican facility that produces its electric Mustang Mach-E crossover.

Tesla's market share of U.S. EV sales dropped nearly 10 percentage points from a year ago to represent 60% of electric vehicles domestically sold, according to the data from Motor Intelligence. , which are complex, are meant to benefit EVs that are produced in North America. EVs from Hyundai are currently imported from overseas.under the Biden administration's Inflation Reduction Act. The Hyundai brand has increased leasing of its EVs from roughly 2% to begin this year and has now hit more than 30%, according to Hyundai Motor America CEO Randy Parker.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Car Car Latest News, Car Car Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk Predicts Tesla Self-Driving Cars Will Arrive ‘This Year’Musk’s prediction follows a series of failed forecasts from the billionaire estimating driverless cars are just around the corner.
Source: Forbes - 🏆 394. / 53 Read more »