TOKYO -- Hyundai Motor is challenging Chinese EV leader BYD in Japan with the spring launch of the Inster, an electric compact that is expected to cost less than 4 million yen ($26,000), the South Korea automaker said Friday.
Electric vehicles
Hyundai takes on BYD in Japan with sub-$26,000 compact EV
Competition heats up in market where prices have stymied electric shift
Hyundai Motor's Inster compact EV is set to launch in Japan next spring. (Photo by Hyundai Motor)
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