Report: Hyundai is developing a $20,000 EV for Europe

2023 Hyundai PalisadeHyundai is developing an affordable EV for Europe that would cost roughly $20,000, the automaker’s European marketing boss said in a recent interview with Automotive News Europe. This entry-level model would be a “battery-powered minicar” priced at 20,000 euros, Hyundai’s Andreas-Christoph Hofmann said. With the current parity of the dollar to the…
Source: Hybrid and Electric Car News and Reviews