Hyundai, Kia, Genesis investing big for electric transition

Hyundai Motor Group, which includes Hyundai, Genesis and Kia, is pushing hard into the electric vehicle space. Globally, the group is targeting annual sales of more than 3 million EVs by 2030. There will be 11 new EV models for the Hyundai brand, six for Genesis and 14 for Kia by 2027.