Tesla is still on top, and Chinese makers are proliferating. But Hyundai Motor Group has a plan to be dominant in EVs in the very near future.
Hyundai sold just under 4 million vehicles in 2022, but big changes are looming as the parent company aims high in the EV world.
What we can say is that if the Hyundai Motor Group wants to sell 3.6 million EVs in 2030, it's going to have to put in the work. The competition will not be resting. Exactly what that means is a bit difficult to define, and even Hyundai isn't willing to say publicly which companies it is targeting. Tesla is obviously the world's number-one EV company, but they're not alone.
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