Hyundai launches aggressive IONIQ 5 discounts in Korea as EV sales slump

Electrek
By Peter JohnsonFeb 6, 2025, 2:47 pm116 pts
Hyundai introduced significant discounts on its top-selling EVs, including the IONIQ 5, IONIQ 6, and Kona Electric, in South Korea to overcome slumping sales. With government incentives, the IONIQ 5 now starts at just over $30,500 in Hyundai’s home market. Although demand remains strong in the US, Hyundai is…

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