October 21, 2020

    Daily Auto News, Luxury Cars, Photos, Prices, Spy Shots, Videos, Incidents and more
    Hyundai Ioniq

    Shares of Hyundai Motor increased by almost 8% on Wednesday, a day after South Korea announced a “green new deal” to spur the use of environmental friendly vehicles.

    Other auto shares gained ground, with sister automaker Kia Motors increasing 4.1% and auto parts supplier Hyundai Mobis increasing 3.3%.

    Recently, Hyundai Motor Group leader Euisun Chung has said Hyundai and Kia Motors aim to sell 1 million battery-driven electric vehicles in 2025, targeting over 10% of the global market share for such vehicles.


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