Genesis to roll-out hybrid models amid softened electric car demand

AutoExec Summary
Genesis, the luxury brand of Hyundai, has announced plans to launch hybrid models, deviating from its previous electric-only strategy. This decision comes as a response to softened demand for electric vehicles and delays in emissions standards. Genesis officials have confirmed the introduction of more electrified powertrains, catering to customer preferences for hybrid vehicles over EVs.

Brands mentioned: Genesis, Hyundai, Mercedes-Benz, BMW, Lexus