Tragic Bronson
Expert
- Messages
- 2,956
- Reactions
- 3,568
Looks like Genesis will backpedal on their EV mandate and shoot for Hybrid instead
Genesis Backtracking From All-EV Push in Favor of Hybrids: Report
According to a new report, Genesis might start selling hybrids in 2025—something it has never done before.
www.thedrive.com
Genesis isn't the only automaker that has rethought its stance on hybrids as EV demand—and resale values—fall. Just weeks ago, General Motors backtracked on its all-EVs-all-day electrification strategy and is bringing back plug-in hybrids. Toyota, meanwhile—as we pointed out last year—has always been pro-hybrid and notably slower in its EV adoption, and judging by current trends, rightfully so.