Learn English: Hyundai Accused of Inflating EV Sales in the US (hard)

2 months, 1 week ago

Hyundai Accused of Inflating EV Sales in the US

A lawsuit accuses Hyundai of falsely increasing its electric vehicle sales figures to satisfy its South Korean investors.

The lawsuit claims that a Hyundai manager pressured dealers to report unsold electric vehicles as sold, promising extra inventory in return.

Hyundai has reported impressive EV sales in recent months, despite a general decline in demand for electric cars.

Hyundai has denied the allegations, stating that it is investigating the matter and does not tolerate fraudulent sales practices.

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Source

Original: Business Insider

Tags

#hyundai #electric vehicles #ev sales #fraud #lawsuit

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