As the electric-vehicle race heats up, a pair of Korean automakers are pulling ahead of larger rivals in the U.S. to emerge as
Tesla’s TSLA -3.55%decrease; red down pointing triangle biggest competition.
Hyundai Motor 005380 -1.07%decrease; red down pointing triangle and affiliate
Kia 000270 -0.80%decrease; red down pointing triangle jointly captured the No. 2 slot last year in U.S. electric-vehicle sales, trailing only Tesla, which still holds a commanding lead. Analysts say the allied carmakers, both a part of South Korea’s Hyundai Motor Group conglomerate, are poised to cement or advance their lead over non-Tesla rivals this year with fresh EV models and aggressive pricing.
Link to article: Hyundai, Kia Emerge as Tesla’s Biggest U.S. Rivals on EVs – WSJ
