Hyundai launches aggressive IONIQ 5 discounts in Korea as EV sales slump

Hyundai introduced significant discounts on its top-selling EVs, including the IONIQ 5, IONIQ 6, and Kona Electric, in South Korea to overcome slumping sales. With government incentives, the IONIQ 5 now starts at just over $30,500 in Hyundai’s home market. Al…