GREEN MOTORING
Hyundai turns attention away from cars that use fossil fuels
The company will slash the number of combustion engine models in its line-up, sources say
28 May 2021 - 12:11
Paris/Seoul — Hyundai will slash the number of combustion engine models in its line-up to free resources to invest in electric vehicles (EVs), two people close to the South Korean carmaker told Reuters.
The move will result in a 50% reduction in models powered by fossil fuels, one of the people said, adding that the strategy was approved by top management in March...
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