Economy Events Country 2025-11-03T22:13:57+00:00

Sharp Drop in Electric Vehicle Sales for Ford, Kia, and Hyundai

Major automakers Ford, Kia, and Hyundai have reported a significant drop in demand for their electric cars. Analysts attribute this to high prices, a lack of charging stations, and consumer concerns about range. Despite the difficulties, the companies continue to invest in developing new models.


Sharp Drop in Electric Vehicle Sales for Ford, Kia, and Hyundai

Ford Motor, Kia, and Hyundai have reported a significant drop in sales of their electric vehicles. This decline has raised serious concerns in the automotive market. The companies are facing challenges such as high production costs and a lack of charging infrastructure. Analysts note that consumers are still hesitant to switch to electric cars due to concerns about range and affordability. "We are seeing a market correction," said one expert, "that could last for several years." Nevertheless, automakers continue to invest in developing new models, hoping for an improvement in the situation in the future.