Hyundai Is Putting Tesla To Shame...What Happened?

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Over the years, Hyundai and Kia have often been the laughingstock of the automotive community. While they were cheap, that’s pretty much the only thing they had going for them. They weren't all that reliable, felt extremely cheap, and there was a massive stigma against them. If you were looking for a value car, it almost always made sense to go with the Japanese automakers. But, more recently, Hyundai and Kia have been outcompeting their class thanks to the rise of electric vehicles. Japanese automakers have largely taken it slow with EVs, giving Hyundai and Kia the opportunity to establish themselves as the goto Asian EV maker. This video explains the recent rise of Hyundai and Kia and how these Korean automakers were able to overcome the odds within the EV market.

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Timestamps:
0:00Hyundai & Kia
1:59Why Hyundais Were Hated
4:45A Legendary Turnaround
7:55The PassDown Effect

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Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered.

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