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Hyundai and Kia is escalating its response to intensifying competition in South Korea’s electric vehicle market. With Tesla preparing to introduce a lower-priced Model 3 Standard and Chinese automakers such as BYD planning mass-market EV launches, Hyundai and Kia have implemented sweeping price cuts, ultra-low financing, and expanded ownership benefits. The strategy reflects a clear […]

The post Hyundai and Kia Respond to Tesla’s Price Pressure in Korea appeared first on Korean Car Blog.

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