- Hyundai - Hyundai Motor Group ## Hyundai warns the US may be next in line for a wave of cheaper Chinese EVs Chinese automakers like BYD are quickly taking over global markets with low-cost electric vehicles, and Hyundai Motor’s CEO Jose Munoz warned the US could be next without safeguards. ## Hyundai warns of Chinese EVs entering the US Chinese vehicles are already 30% to 40% cheaper than comparable auto brands in some markets, like Italy, Spain, and France, Munoz told Reuters in San Jose, California, on Thursday. That’s with tariffs and other trade barriers Chinese automakers face on…