Hyundai exports hit new record driven by strong demand for EVs
South Korean automakers Hyundai and Kia hit their highest export performance ever. The surge in exports was driven by Hyundai’s competitive EVs and expanding global sales.
Hyundai and Kia were recognized for their performance at the 60th Trade Day ceremony in South Korea on Tuesday.
After a record-setting year, both companies won the “Top of Export” award. Hyundai ranked first, with exports reaching $31 billion (+29.6% YOY), while Kia came in second with $23.5 billion (+30.7%).
The growth…