South Korean automaker Hyundai Motor (OTC:HYMTF) and sister company Kia Corp have reportedly secured their largest share of the U.S. electric vehicle (EV) market in the first five months of 2024. What Happened: According to data from the Korea Automobile Manufacturers Association, Hyundai and Kia collectively accounted for 11.2% of the U.S. EV market, which translates to 48,838 units out of the 437,246 EVs sold in the U.S. from January to May, Yonhap News Agency reported. The two companies together had a market share of only 6.8% in 2023 and 10.6% in 2022. Despite this remarkable growth, Hyund…
