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

Hyundai 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: Green Car Reports

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