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Tuesday, July 28, 2020

Hyundai now on the electric offensive to catch up with Tesla

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Hyundai Motor Co, an early backer of hydrogen cars, has watched the electric rise of Tesla, including on its home turf. The South Korean company plans to introduce two production lines dedicated to electrics vehicles (EVs), one next year and another in 2024, according to an internal union newsletter seen by Reuters. Euisun Chung, leader of the Hyundai Motor Group conglomerate that also includes Kia Motors, has also held a series of meetings since May with his counterparts at Samsung, LG and SK

Continue reading Hyundai now on the electric offensive to catch up with Tesla

Hyundai now on the electric offensive to catch up with Tesla originally appeared on Autoblog on Tue, 28 Jul 2020 08:44:00 EDT. Please see our terms for use of feeds.

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