SEOUL, April 17 (Reuters) - Hyundai Motor (005380.KS), opens new tab plans to temporarily suspend production of some of its electric vehicles (EVs) in South Korea due to slow demand and U.S ...

Yonhap added that the suspension comes as EV orders from major markets have fallen sharply in April following the removal of government EV subsidies and U.S. tariffs on imported vehicles.

or Kona EV. Here’s why that matters: As of January 2025, Hyundai’s EVs no longer qualify for the tax credit if you buy them outright, due to strict federal rules about battery sourcing and ...

SEOUL (Reuters) - Hyundai Motor plans to temporarily suspend production of some of its electric vehicles (EVs) in South Korea due to slow demand and U.S. tariffs, Yonhap news agency reported on ...

Meanwhile, In February this year, Hyundai Motor temporarily suspended production of its Ioniq 5 and Kona Electric models, as weakening electric vehicle (EV) demand continues to impact sales.

However, some of you may remember that the Hyundai Staria EV (name unconfirmed) was spotted in an underground garage a few months ago in its home market of South Korea. And yes, that pre ...

Hyundai, for one, has gone all-in. Its U.S. lineup already includes hybrid versions of the Santa Fe, Tucson, Sonata and ...

Hyundai Motor celebrates its fourth straight year of success at the World Car Awards, with INSTER named 2025 World Electric Vehicle The sub-compact EV was selected by a jury of 96 automotive ...

SEOUL (Reuters) - Hyundai Motor plans to temporarily suspend production of some of its electric vehicles (EVs) in South Korea due to slow demand and U.S. tariffs, Yonhap news agency reported on ...