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Fuelled by Demand

At the 17th World Car Awards in New York in April, Hyundai stole the show. The South Korean carmaker’s Ioniq 5 won in three categories: World Car of the Year, World Electric Vehicle of the Year and World Car Design of the Year. The recognition was not only a win for Asian carmakers, but also signalled endorsement of an industry rapidly evolving to phase out internal combustion engines (ICEs). “Our game-changing electric vehicle (EV) has made a strong impact on increasingly eco-conscious and demanding consumers around the world, and its success supports the acceleration of electrification of the automotive industry,” said president and CEO Jaehoon Chang in a statement.

With 2.45 million sales in 2020, Asia-Pacific

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