Hyundai, Kia Target Record EV Sales

15 Oct 2024 CW Team

The two automakers plan to leverage their diverse range of electric models to attract a broader customer base. With models like the Hyundai Ioniq 5 and Kia EV6 already receiving positive market feedback, they are well-positioned to capitalize on the rising interest in electric vehicles among consumers. The companies are also focusing on enhancing their charging infrastructure and integrating advanced technologies to improve the overall driving experience.

This ambitious sales target comes amid heightened competition in the EV sector, where several automakers are striving to establish themselves. Hyundai and Kia’s strategy involves not only increasing production capacity but also investing in research and development to bring innovative technologies to market. Their efforts aim to ensure that their EV offerings remain attractive in terms of performance, range, and affordability.

The push for record sales is also aligned with broader industry trends, where automakers worldwide are pivoting towards electrification to meet regulatory requirements and consumer preferences. Governments are implementing stricter emissions standards and offering incentives for electric vehicle purchases, further stimulating market growth.

Hyundai and Kia's commitment to electric vehicles underscores their focus on sustainability and reducing carbon footprints in line with global environmental goals. As they pursue this record sales figure, their success will depend on effectively addressing consumer needs and navigating the competitive landscape of the automotive industry.

In summary, with a target of 100,000 EVs in the U.S. for 2024, Hyundai and Kia are poised to make significant strides in the electric vehicle market, contributing to the shift towards greener transportation and sustainable practices in the automotive sector.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Hyundai and Kia are setting ambitious goals for the year 2024, aiming to achieve record electric vehicle (EV) sales of 100,000 units in the United States. This target reflects their commitment to expanding their footprint in the rapidly growing EV market and catering to increasing consumer demand for sustainable mobility options. The two automakers plan to leverage their diverse range of electric models to attract a broader customer base. With models like the Hyundai Ioniq 5 and Kia EV6 already receiving positive market feedback, they are well-positioned to capitalize on the rising interest in electric vehicles among consumers. The companies are also focusing on enhancing their charging infrastructure and integrating advanced technologies to improve the overall driving experience. This ambitious sales target comes amid heightened competition in the EV sector, where several automakers are striving to establish themselves. Hyundai and Kia’s strategy involves not only increasing production capacity but also investing in research and development to bring innovative technologies to market. Their efforts aim to ensure that their EV offerings remain attractive in terms of performance, range, and affordability. The push for record sales is also aligned with broader industry trends, where automakers worldwide are pivoting towards electrification to meet regulatory requirements and consumer preferences. Governments are implementing stricter emissions standards and offering incentives for electric vehicle purchases, further stimulating market growth. Hyundai and Kia's commitment to electric vehicles underscores their focus on sustainability and reducing carbon footprints in line with global environmental goals. As they pursue this record sales figure, their success will depend on effectively addressing consumer needs and navigating the competitive landscape of the automotive industry. In summary, with a target of 100,000 EVs in the U.S. for 2024, Hyundai and Kia are poised to make significant strides in the electric vehicle market, contributing to the shift towards greener transportation and sustainable practices in the automotive sector.

Infrastructure Transport

01 Sep 2025

Indian Railways Marks New Milestone with 4.5 km Long ‘Rudrastra’ Trial

Indian Railways has successfully conducted the trial run of Asia’s longest freight train, named ‘Rudrastra’, achieving a new milestone in cargo transportation, as per news reports. The 4.5 km-long train began its trial from Ganjkhwaja railway station in Chandauli, Uttar Pradesh, and travelled to Garhwa in Jharkhand. Covering a distance of 209 km in 5 hours and 10 minutes, it maintained an average speed of 40.5 km per hour. The train was formed by combining three long-haul racks, with ..

Infrastructure Energy

01 Sep 2025

UltraTech Launches India’s First On-Site Hybrid RTC Renewable Energy Project

UltraTech Cement has operationalised a 7.5 MW round-the-clock (RTC) hybrid renewable energy project at its Sewagram Cement Works in Gujarat. The first-of-its-kind solution combines bifacial solar modules with trackers, wind energy and battery storage, co-located on-site, to ensure uninterrupted power for cement manufacturing without grid reliance. The project was executed in collaboration with clean energy solutions provider Gentari. Installed as a behind-the-meter system, it is the country..

Infrastructure Transport

09 Sep 2025

Patna Metro Trials Successful, Red Line Priority Corridor to Launch This Month

Patna is set to roll out its first metro rail service later this month, with successful trial runs conducted on the Red Line priority corridor, the Patna Metro Rail Corporation announced.On 7 September, a metro train completed a test run between the Patna depot and Bhootnath station. Officials said the trials involved rigorous checks of rolling stock fitness, overhead electrification (OHE), and track alignment and stability to ensure operational safety and performance.The corridor from the New Pataliputra Bus Terminal to Bhoothnath has been designated as the priority stretch and will be the fi..