Hyundai doubles down on hybrids as EV demand cools
Hyundai CEO Jaehoon Chang said that the rapid shift to EVs has given way to a more measured approach, with hybrids gaining traction as a practical alternative /Hyundai
Hyundai is shifting gears, doubling the number of hybrid models in its lineup as demand for all-electric vehicles slows. The South Korean automaker announced the new plan, dubbed “Hyundai Way,” during its annual Investor Day.
The plan reflects broader industry trends as major brands reevaluate
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