BY may ann gallego

Korean Brands Talks About Big EV Plans

Korean Brands Talks About Big EV Plans

Hyundai, Kia, and Genesis have impressed US Market with their EV sales and future ...

electric plans 

Hyundai, Kia, and Genesis swiftly adopted electric vehicle strategies, stunning the industry.

WHAT are the plan of korean brands

?

By 2030, the automakers plan to introduce new battery-electric vehicles with an investment of more than $16 billion.

This includes 11 Hyundai brand vehicles and six high-end Genesis vehicles 

In the meantime, Kia, the sibling brand, plans to offer eight battery-EV in the United States by 2029.

Many in the industry don't know if the new tax credit rules would affect automakers' product plans.

Hyundai and Kia's plans target the market's center, where tax credits could sway consumers.

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