Hyundai has long-been aggressive in its pursuit of growth and this coming model year is no different, as it updates its best-selling vehicle as well as some other light trucks.
Tu Le, founder and managing director of the Detroit-based Sino Auto Insights, says that while subsidies may boost short-term BEV sales, they may ultimately set the stage for future demand doldrums.
The ride-sharing conglomerate also invested in the autonomous driving startup, an extension of the company’s $1 billion Series C fundraising round in May.
