Home » Analysis of the Korean Electric Vehicle Market in Q2 2025

Since the Asian Financial Crisis, South Korea's Hyundai Motor Company (HKMC) has achieved the economies of scale necessary to compete in the global auto market through the acquisition of Kia Motors and the merger of Hyundai Service Corporation and Hyundai Precision Industry Co., Ltd. It has since become the world's third-largest auto brand. In addition to maintaining a significant market share in China, it also exports globally. In 2018, it launched the high-end Genesis brand...

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