Hyundai’s CEO Jae Hoon Chang and José Muñoz, the company’s president and global chief operating officer, were spotted at the 2024 New York International Auto Show. According to Muñoz, Hyundai is reconsidering its decision to exclusively manufacture all-electric vehicles at its new Georgia plant. The company is now contemplating the addition of hybrid or plug-in hybrid electric vehicles to the production line, in response to the slower-than-expected adoption of EVs and the Biden administration’s revised emissions rules. This reassessment aims to align the company’s production with market demands. For more details, you can check out the full article on www.cnbc.com.
Source: CNBC
Date: 2024-03-27 15:40:18