Sharp drop in Hyundai's U.S. EV exports linked to local manufacturing push

Azernews.Az

22 July 2025 19:50 (UTC+04:00)

Hyundai Motor Group’s electric vehicle (EV) exports from South Korea to the United States dropped by nearly 90 percent year-on-year during the first five months of 2025, as the company shifts its focus to local production in the U.S., according to data released Tuesday, Azernews reports, citing Korean media.

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