Genesis races to produce hybrid versions of every model in wake of EV slowdown

AutoExec Summary
Genesis has announced that it will focus on producing as many hybrid vehicles as possible due to the global slowdown in electric vehicle (EV) uptake. The Hyundai luxury brand currently does not offer any hybrid vehicles, but plans to introduce a range-extender hybrid version of its mid-size GV70 SUV as soon as next year. Genesis originally planned to launch electric-only cars from 2025, but is now shifting its strategy to prioritize hybrids. The global head of Genesis, Mike Song, stated that customers now prefer hybrids over EVs. The brand will develop and roll out as many hybrid models as possible before returning to its EV-only plan.

Brands mentioned: Genesis, Hyundai