Hyundai Developing All-Electric Genesis Luxury Car
Hyundai’s Genesis luxury brand is working to develop its own all-electric car.
“We will definitely go as Genesis brand down the road of alternative propulsions and it is very, very obvious that EV is definitely on the map,” Hyundai’s senior vice president Manfred Fitzgerald told Reuters. “I think full electric cars will be the future in the auto industry,” he said.
SEE ALSO: Hyundai’s Genesis Lineup Expands with Twin-Turbo G80 Sport
Hyundai already has experience with electric vehicles as the brand is gearing up to release its new Ioniq sedan. But Genesis wants to differentiate itself from Hyundai and will likely develop its own electric vehicle system, especially considering its cars are larger than the Ioniq.
Genesis has also announced its intention to launch a diesel-powered G80, as the brand believes that having a diverse offering of powertrains is essential to success in the luxury market.
[Source: Reuters]
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Stephen covers all of the day-to-day events of the industry as the News Editor at AutoGuide, along with being the AG truck expert. His truck knowledge comes from working long days on the woodlot with pickups and driving straight trucks professionally. When not at his desk, Steve can be found playing his bass or riding his snowmobile or Sea-Doo. Find Stephen on <A title="@Selmer07 on Twitter" href="http://www.twitter.com/selmer07">Twitter</A> and <A title="Stephen on Google+" href="http://plus.google.com/117833131531784822251?rel=author">Google+</A>
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