South Korea's Hyundai Motor said on Friday it would introduce the cheapest compact electric car in Japan, to penetrate a market dominated by local giants with established petrol and hybrid vehicle technologies.

Hyundai is launching its most affordable compact electric car in Japan, aiming to compete in a market dominated by Japanese auto giants specializing in

Since re-entering the market in early 2022, Hyundai has only introduced several vehicles in Japan, including the IONIQ 5, Kona Electric, and Nexo FCEV. The Inster EV is Hyundai’s fourth electric car,

Hyundai Motor (OTC:HYMTF) is launching its most affordable compact electric vehicle (EV) in Japan, the Hyundai Inster, aiming to break into a market dominated by local automakers like Toyota (NYSE:TM) and Honda