Hyundai Confirms Development of a $20,000 EV for European Market

July 26, 2022 13:17:31

South Korean automaker Hyundai has announced that it is developing an affordable electric vehicle for the European market. Although European drivers won’t be able to get their hands on Hyundai’s entry-level EV any time soon, the $20,000 EV will undoubtedly be among the most affordable models in an industry that is plagued with high prices.

Most electric vehicle models, even the more affordable ones, tend to be…

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