Tragic Bronson
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Looks like Genesis will backpedal on their EV mandate and shoot for Hybrid instead
www.thedrive.com
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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.
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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.