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Hyundai shelves IONIQ 3 launch in Australia amid Chinese EV pressure

Original: Hyundai shelves IONIQ 3 launch in Australia as cheaper Chinese EVs take over

Hyundai has reportedly decided not to launch the IONIQ 3 electric car in Australia. The move comes as cheaper electric vehicles from Chinese manufacturers increasingly dominate the Australian market, making it harder for pricier Korean models to compete on price.

Why now: The growing dominance of low-cost Chinese EVs in Australia is reshaping which electric models automakers bring to market.

HyundaiIONIQ 3Australia

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• Hyundai shelves IONIQ 3 launch in Australia as cheaper Chinese EVs take over · Electrek

API: https://socialmediatrends-api.osmike.com/v1/trends/1368658