Hyundai Motor’s Recent Situation Due to National Gym Runtong

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(1)D Money Today
(2)Hyundai Motor Group, which said it would sacrifice profitability for electric vehicles, effectively cut prices
(3)Reporter Lee Kang-joon input 2023810411
(4)Seoul = News 1 = Hyundai Motor Company launched the 2023 Ioniq 5 model of the exclusive electric vehicle Ioniq 5 on the 15th It is characterized by increased battery capacity, increased mileage AER, and the basic application of safety and convenience specifications with high customer preference Hyundai Motor Company improved the battery capacity of its long range model from 726kWh to 774kWh, increasing the maximum mileage when fully charged by 29km from 429km to 458km. 2022715 News1
(5)Hyundai Motor Group, which said it would focus on expanding its market share even if it gave up profitability, has virtually cut prices of electric vehicles from the U.S. this year

1 Stupid diplomacy and negotiations

Even if the Speaker of the U.S. National Assembly visited Korea, the runtong was completely destroyed

2 Eventually, the U.S. did not receive subsidies for electric vehicles

3 Hyundai Motor’s Bleeding Competition in the U.S

4 The possibility of recovering the bleeding domestically

The people of Korea are losing money

At one point, he sent an employee, who was not even the Minister of Foreign Affairs, to renegotiate it, but he ended up with a stomachache

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