Hyundai's announcement highlights a strategic shift in response to declining demand for pure electric vehicles, emphasizing an increase in hybrid models and plans to enter larger vehicle markets.
Despite the growing number of hybrid vehicles in its portfolio, Hyundai maintains its EV sales target at 2 million annually by 2030, showing confidence in future recovery.
Concerns over range anxiety remain a significant barrier to EV adoption, influencing Hyundai to develop E-REV vehicles capable of traveling over 500 miles on a single charge.
The UK car industry has downgraded its EV sales forecast, indicating challenges ahead as it faces government mandates requiring a gradual increase in battery car sales.
Collection
[
|
...
]