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[KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
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South Korea's Hyundai Motor Co. said Wednesday it will reduce production at its US plant this week due to a chip shortage.
Hyundai Motor will cut vehicle production at the Alabama plant from Tuesday to Friday (US time) over a lack of semiconductor parts, a company spokesman said over the phone.
The Alabama plant halted operations for one week last month due to the same problem.
From January to July, Hyundai's vehicle sales rose 22% to 2.34 million units from 1.92 million in the year-ago period.
Hyundai aims to sell 4.16 million vehicles globally this year, 11% higher than the 3.74 million units it sold last year. (Yonhap)
Hyundai Motor will cut vehicle production at the Alabama plant from Tuesday to Friday (US time) over a lack of semiconductor parts, a company spokesman said over the phone.
The Alabama plant halted operations for one week last month due to the same problem.
From January to July, Hyundai's vehicle sales rose 22% to 2.34 million units from 1.92 million in the year-ago period.
Hyundai aims to sell 4.16 million vehicles globally this year, 11% higher than the 3.74 million units it sold last year. (Yonhap)
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![[KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2024/04/18/20240418050645_0.jpg&u=20240419100350)
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