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Can The New Electric Hyundai Compete With Tesla? | Forbes

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Every major automaker came out strong with plans to bring electric vehicles to market during the LA Auto Show 2021. Among the exciting reveals is the Hyundai IONIQ 5 which will available to consumers at a $40,000 price point next year. The IONIQ 5 is coming to market as a cheaper competitor to the Tesla Model Y by about $10,000.

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