EV Boom Helps Drive Record US Sales for Hyundai and Kia

EV Boom Helps Drive Record US Sales for Hyundai and Kia
A Hyundai Ioniq battery electric vehicle being charged, in a file photo. Christopher Furlong/Getty Images
Greg Isaacson
Updated:
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Demand for electric vehicles (EVs) helped drive record sales for South Korean automakers Hyundai and Kia in the United States last month, as EV adoption continues to grow and Tesla’s dominance of the market slips.

Hyundai Motor America had “terrific” sales in November, especially for its lineup of “eco-friendly vehicles,” the company’s CEO Randy Parker noted in a statement released Thursday.
Greg Isaacson
Greg Isaacson
Author
Greg Isaacson spent 7 years in China and Thailand researching and reporting on business and real estate in Asia, with a focus on commercial real estate in Chinese-speaking markets as well as outbound investment from China. He has also worked as a real estate research analyst in Chicago and a real estate reporter in New York.
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