The state of Georgia and local governments are giving $1.8 billion in tax breaks and other incentives to Hyundai Motor Group in exchange for the automaker building its first U.S. plant dedicated to electric vehicles near Savannah, according to the signed agreement disclosed Friday. The deal calls for Hyundai to invest $5.5 billion in its
Hyundai has official plans to bring an affordable, entry-level electric vehicle to market in Europe, though it's not going to happen right away. The brand recently launched its popular Ioniq 5 crossover and has plans to follow it with multiple fully electric vehicles going forward. Hyundai and Kia have both dipped their toes in electrification
Hyundai reports that it sold 47,872 vehicles last month, which is 10% more than a year ago and the new highest January sales total in the company's history. Out of that, 989 Hyundai Ioniq 5 were sold last month, which is already over 2% of the total volume. Together with 153 units sold in December
Hyundai Kona Electric has not made it to dealers in the United States quite yet. But if awards are any indication, Hyundai has a hit on their hands. Because the all electric crossover has recently taken home several major honors in North America and Europe. In Spain, the Kona was given the Best Car of the Year award
