Hyundai Motor’s Cangzhou plant in Hebei province on November 15, 2019. Photo: Xinhua
Hyundai to slash combustion engine line-up, invest in EVs
  • The move will result in a 50 per cent reduction in models powered by fossil fuels, one of the people said, adding the strategy was approved by top management in March
  • While Hyundai did not specifically address a Reuters query on its plans for combustion engine models, it said in an email on Thursday that it was accelerating adoption of eco-friendly vehicles such as hydrogen fuel cell vehicles and battery EVs
27 May 2021 - 4:18PM