HYUNDAI EV FIRE SALE HIGHLIGHTS NET ZERO HYPOCRISY

EV Channels Review

John Cadogan critically examines Hyundai's aggressive discounting on its EV lineup, particularly the Ionic 6, highlighting significant price reductions of up to $35,000. He argues these substantial discounts, applied to 2023 model year vehicles, signal desperation rather than strong demand, questioning the long-term viability of EV sales strategies. Cadogan expresses concern over the impact on resale values for early adopters and the potential battery health issues of EVs stored for extended periods. He contrasts the perceived hype around EVs with the practical challenges of infrastructure and consumer adoption, suggesting that the 'net zero' agenda is unrealistic given current market realities and Australia's reliance on fossil fuel exports. The review posits that a focus on efficiency and improved public transport would be a more achievable and beneficial approach than the current EV push.