😂 Do you have the formal announcement from Hyundai or just this rumor and the dumpster fire of circular reporting it created? Surely Hyundai would have publicly announced this by now? Oh wait here’s something a little more current for you.
The Korean manufacturer points the poor EV charging infrastructure in many parts of the world as the reason behind the decision.
insideevs.com
For some reason “journalists“ are all suddenly giddy to worship at the EV altar, completely abandoning critical thinking. Stop and ask yourself why? There’s somewhere in the neighborhood of 1.2 billion ICE vehicles out there. They aren’t disappearing anytime soon no matter how bad ”journalists” and governments want them to.
For the last time, I enjoy EV’s. They are fun toys. And they make some sense for people that don’t have weather, distance, or travel time constraints. Without artificial market manipulation (governmental laws) THEY WILL NEVER REPLACE ICE’s. Even with complete government enforcement (Europe) it is going to take decades before this becomes a reality. Even then, every ranking official there will publicly have an EV, but will commute in an ICE when the situation calls for it.
But don’t worry, even though EV’s will never dominate, the Chinese will keep those children in the cobalt and lithium mines happily employed for years to come.