Kia and Hyundai Bet on Range-Extended EVs as Global Carmakers Seek Alternatives to Pure Electric Models

SEOUL, April 21 (Korea Bizwire) —  As global automakers confront slowing demand for fully electric vehicles (EVs), South Korean carmakers Kia and Hyundai are turning to range-extended electric vehicles (EREVs) to bridge the adoption gap and unlock new revenue streams for the struggling battery industry. Kia revealed it is developing an EREV pickup model alongside its [...]