At the Annual World Car Award Ceremony 2022, Hyundai made history with its compact SUV Ioniq 5, an EV with a base price of $39,950
2022 Hyundai Ioniq 5 got the 2022 World Car Of The Year Award along with praises for its design & superiority in the EV class
Hyundai Ioniq 5 received 2022 World Car of the Year, World Electric Car of the Year, & World Car Design of the Year awards.
Hyundai got 3 out of 6 awards, the maximum for any automotive company nominated for the awards.
Mercedes-Benz won World Luxury Car of the year, Audi- World Performance Car of the Year, & Toyota- World Urban Car of the Year.
2022 Hyundai Ioniq5, 2022 Mercedes-Benz EQS, 2022 Audi E-Tron GT, and 2022 Toyota Yaris Cross were the winners at the Award Ceremony
Hyundai even announced its plan to build an EV & battery plant in the U.S.
Hyundai plans to invest $300 million & hire more workers to build electrified Genesis GV70 crossover & Santa Fe hybrid by year-end.