Hyundai reportedly ceases engine development, shifts focus to EVs

Hyundai Ioniq 5 and Kia EV6 - Hyundai E-Pit fast-chargingHyundai Motor Group, responsible for the Genesis, Hyundai and Kia brands, is reportedly in the process of winding down development of internal-combustion engines to fully focus on electric powertrains. Citing industry sources, The Korea Economic Daily reported last week that HMG has closed the engine development department located at its main...

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