Hyundai Motors have announced its plans to shift launching of its electric car to the second half of next year.
|Image credit: Invergrove Hyundai.|
Despite having down turn, the south Korean auto industry announced that the company has revealed that they are working effortlessly to meet the target.
Lee Hang-koo, a researcher at the Korea Institute for Industrial Economics & Trade said the South Korean auto giant is making efforts.
Lee Hang said; “They are belatedly trying to catch up with overseas rivals but the new car is unlikely to become a game-changer unless it is really price competitive.”
However he said Hyundai can only meet up with others if the price of Hyundai electric costs cheaper than that of its rivals.