Category: Electric Cars/Cars/Transpo
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Hyundai is ‘doubling down’ on EVs despite sales slowdown, CEO says
Electric vehicle sales may be in a bit of a slump, but Hyundai isn’t deterred. The South Korea-based automaker is “doubling down” on its EV investment, including a $7.6 billion dedicated manufacturing facility in Georgia, said Hyundai Motor America CEO Randy Parker. “While other manufacturers are pulling back on their electrification strategy, we continue to…
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Rivian has already received 68,000 reservations for the R2
Less than 24 hours since its launch, the Rivian R2 is already proving to be quite popular. The company’s CEO, RJ Scaringe, said it’s already taken in “more than 68,000 reservations” for the $45,000 midsize electric SUV. “We are thrilled to see this vehicle resonate so strongly with our community!” Scaringe said in a post…