Chinese firms seem to be at the forefront of innovation and Hyundai Motor Group is one OEM that has managed to successfully begin its transition to the electric side . With growing interest in its IONIQ models , the company achieved just 0.01 % less than its upper rival — a market share of 3.96 % of the BEV sector .

Nevertheless , the company continues to offer exciting new products for consumers globally and making changes to increase battery density and reduce costs .

74 [ Sept 2023 ] EVMAGAZINE . COM