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Hyundai and Kia have high demand for electric cars.

27 November 2023 to 17: 59
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electric cars, Hyundai, Kia, Los Angeles Motor Show, sales, United States, Volkswagen, Ford, GM, growth, energy transition, battery, Savannah, Georgia, production, prices.
Hyundai Kona Electric 2024 – USA

Korean automakers are standing out with the advancements of their new generation electric cars, proving to be true pioneers in the automobile market. With technological and sustainable innovations, they continue to gain more and more space and recognition. The quality and performance of its products have positively surprised consumers and experts in the field.

In September, according to Cox Automotive, the average price of a new electric vehicle in the US fell to just over $ 50.000 (R $ 245.000). This represents good news amid the current challenges.

In Brazil, neither of the two manufacturers sells cars electrical. However, the Kia has already confirmed that it will launch the Kia EV7 9-seater electric SUV sometime in 2024. Hyundai, in turn, only sells the previous generation Hyundai Kona model, available at Caoa Hyundai.

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'Our contributions to Factory of batteryelectrical em Savannah (Georgia) are progressing. Therefore, we are giving maximum effort to complete it by October next year,' he stated. '(Investments) are not delayed. They are being accelerated. We are moving forward.'

Demand remains high for the South Korean conglomerate, to the point where Munoz declared that if the Hyundai had greater production capacity, it could sell even more electric vehicles. A view that also applies to Kia.

There is great fear among automakers regarding the impact that inflation and interest rates are having on the energy transition. This fear is so significant that the three automakers have already made adjustments to their expansion plans, even canceling the construction of large production plants. batterypostpone launches of new models. In this case, rising inflation and interest rates are playing a crucial role.

'I'm still very optimistic about the trams battery', said Jose Munoz, global operations director at Hyundai, in Los Angeles, before the salon that opened on Friday, adding that sales of electric vehicles of the company are doubling year on year.

In contrast to its main competitors, who are experiencing a slowdown in growth and the sales of electric cars in the main global markets, Hyundai e Kia are celebrating positive performance and strong demand, especially in United States.

According to Reuters, executives from the two automakers shared these results during the Los Angeles Motor Show. This perspective contrasts with recent statements from companies such as Volkswagen, Ford and GM, who expressed concerns about a growth slowest on the market eletric cars than expected.

These numbers show the favorable position of Korean automakers in the automotive market. eletric cars, despite the general trend.

Source: Insideevs Uol

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