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Korean market and trends of domestic brands: Tax breaks boosting domestic sales
The Group announced in July 2020 that it aims to produce a million EVs per year and hold a global EV market share of over 10% by 2025. Hyundai Motor Company In January 2020, Hyundai Motor Company announced its sales target of 560,000 EVs and 110,000 FCVs by 2025. According to its labor union’s newsletter, the company plans to introduce a production line for EVs in both 2021 and 2024. In August 2020, Hyundai Motor Company announced the laun...
Market & Tech Reports Updated at: 2020/11/12