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Hyundai outlines EV strategy as it struggles with cost of engine defects
Filed under: South Korea's Hyundai Motor pledged to boost sales of electric vehicles (EV) to over half a million by 2025 as part of a bid to focus on new technologies and catch up with rivals, but some analysts saw the target as conservative and warned of the costs. The announcement by Hyundai , the world's fifth largest car maker along with affiliate Kia Motors , underscores the accelerating strategy shift under Euisun Chung who became the motor group's executive vice chairman last ye Continue reading Hyundai outlines EV strategy as it struggles with cost of engine defects
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