A Hyundai spokesman denied reports that the OEM, which includes Hyundai, Genesis and Kia divisions, is winding down development of internal-combustion engines to focus more on electric powertrains, according to Motor Authority. “Hyundai Motor Group can confirm that it is not halting the development of its engines following recent media speculation,” said Hyundai spokesman Michael Stewart, adding that “The group is dedicated to providing a strong portfolio of powertrains to global customers.” (Source: Motor Authority) Read the original story…
