Hyundai-Kia Expects to Produce 50,000 Electric Vehicles in 2018


Korean siblings Hyundai and Kia will aggressively increase production of electric cars next year, according to a report in the Korean press.

The production increase comes amid the combined automaker’s goal to become the second largest maker of green vehicles (hybrids, plug-in hybrids, and electric cars) by 2020.

Hyundai-Kia set the goal in 2014, but thus far, it has reached only the number-four spot.

Business Korea reports the increased production output to 50,000 electric cars will place the automakers in a better position to achieve that long-term goal.

Hyundai’s promised 400-mile fuel-cell SUV will also likely help the Korean automakers reach its green-car goal, though it is likely to contribute smaller numbers than the battery-electric models.

Read the full article onĀ Green Car Reports.