Hyundai recently held its 2024 CEO Invester Day where it laid out a strategy for the future, called the Hyundai Way, especially revealing plans about the new cars. It not only reaffirmed the electric vehicle (EV) expansion and sales plans but also announced a new hybrid vehicle strategy, and advancements regarding battery and autonomous vehicle technologies. For India, Hyundai announced at the event that it has taken over a facility in Pune, which will allow it to produce one million units annually.
While the company stated its EV plans, it also emphasis importance of hybrid vehicles with an aim to increase hybrid vehicles in its line-up. A statement released by Hyundai said, “the company intends to leverage its expertise to further bolster its position in the hybrid market under its new Hyundai Dynamic Capabilities strategy, a flexible response to…
