The all-electric car market share improved a bit to 7.5%.
Author: Mark Kane
It might be enough to recycle a six-digit number of EV battery packs.
The Korean auto conglomerate remained at the top among automotive groups, ahead of Ford and General Motors.
According to CATL, its "Long-Service-Life Battery" packs can last up to 16 years or 1.24 million miles. That's a lot of driving.
It's only on the discontinued Model Y RWD version. But that model has some spare battery capacity that can be unlocked for a price.
The momentum remains strong ahead of the Kia EV3 launch.
The locally produced Genesis Electrified GV70 became the primary EV model.
Hyundai and Genesis' global wholesale sales decreased 30%, while the Ioniq 6 lost nearly two-thirds of its volume.
The EQS and EQE families were down by a half year-over-year.
The company says that the EV adoption rate slowed down.