Almost every automaker on Earth is investing huge amounts of resources in the development of electric vehicles, and Hyundai is no different. However, Hyundai goes even further, according to a report released Thursday by Reuters. By that I mean it will reduce the number of internal combustion models it offers.
That’s right, the Korean automaker plans to cut 50% of its current internal combustion models to free up resources to develop battery and fuel cell electric vehicles. According to several Reuters sources close to the company, the decision was taken in March by senior executives at Hyundai.
Hyundai and sister brand Kia’s ambitions for electric vehicles recently grabbed the headlines with the stellar-looking Ioniq 5 and EV6 models, and the company said there were more models on the way.
Several other automakers have promised that their current generations of internal combustion powertrains will be the last. These includedand Mercedes’ parent company, Daimler. Other companies, like Porsche, are committed to finding ways to make internal combustion engines as environmentally friendly as electric vehicles, with considerable resources devoted to the
We reached out to Hyundai representatives for comment, but did not receive a response in time for the post.
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