Randy Parker, Hyundai Motor America's CEO, says the Korean automaker wants to offer options but is 'all-in on EVs.'
Suppose you happen to be the sort of person who worries about Hyundai's profit margins when you can't sleep at night. In that case, the automaker's American CEO doesn't want you to be too concerned about the bottom line when you see aggressive zero-down, $239-a-month lease deals on the electric Ioniq 6 sedan.
According to Parker's own boss, the Korean automaker got assurances their cars would qualify from the Biden Administration, only for that to not end up being the case. Instead, Hyundai has benefitted from the $7,500 tax credit being applied to leases, and the company's dealers also offer the same as a cash incentive. That will change as Hyundai opens its new 'Metaplant' in Georgia in the fourth quarter of this year.
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