Hyundai considering hybrid vehicle production at $7.6 billion Georgia EV plant
Publishing timestamp: 2024-03-27 16:40:18
Summary
Hyundai Motor is considering producing hybrid or plug-in hybrid electric vehicles at a plant in Georgia in addition to all-electric vehicles due to slower-than-expected adoption of EVs and Biden administration revising emissions rules. The company remains committed to EVs but is evaluating other options based on market demand.
Sentiment: NEUTRAL
Keywords: hyundai motor co, business news, environment, breaking news: business, autos, climate, transportation, new york, business,