Frankly, I do not understand Ioniq's purpose on the US market.
CARB credits are probably as valuable to Hyundai as they are to Chevy.
dBF- I'd agree with oilerlord there. but, as for the comment someone made on "getting a piece of the action," that's a completely incorrect presupposition.
Does anyone remember what happened when the Beetle first came on the scene?
It was so easy to maintain on one's own, people drove them into the ground, only to rebuild them again, and VW's revenue dropped through the floor.
In this case, ICEs=residual and long term income for the dealers and
the manufacturers... There's currently
no real money to be made in the EV segment of the market nor will there be
as much opportunity in the future. EVs require far less maintenance than their ICE counterparts and as a result, currently cost
manufacturers a considerable amount of lost future revenue.
Keep in mind that automotive manufacturers and oil companies have long been in cahoots in efforts to ensure each other's greater economic well-being. The ONLY
reason this segment has met with any
progress, is thanks to the collaborating efforts of Tesla founders.
(Partial credit to Nissan/Renault as they brought it in at a very affordable rate)
I'm not expressing this because I'm some kind of Tesla fan(although for the time being, I am
a great supporter), but rather, GM and many
other manufacturers will (mostly unofficially) fight the change, tooth and nail.