Hyundai will keep EV prices stable to protect residual values

Hyundai Europe Michael Cole 2023 Congress — Full-electric models accounted for 16 percent of Hyundai's overall volume last year and Europe boss Micheal Cole expects that figure to rise this year. (Huan Cupillard)

June 15, 2023 02:47 PM

PARIS -- Hyundai Europe will not follow Tesla and cut the prices of its full-electric models to preserve residual values.

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