Hyundai shifts focus on software-defined vehicles to hedge against slowing EV demand
The Korean automaker plans an advanced vehicle platform headquarters to lead its software-defined vehicle projects
Hyundai Motor Co.'s leading global automaker has decided to hone its electric vehicle price competitiveness through tech advancement and efficient manufacturing process, following in the footsteps of its rivals to cut costs as the car industry's prospects are clouded by slower-than-expected EV uptake, the Korea Economic Daily reported March 21.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
