Hyundai Ceases Future ICE Development

On December 17th, Hyundai Motor Group eliminated itsĀ  Engine Development Center and officially cancelled the release of future models powered by internal combustion engines. The group carried out the largest-ever reorganization of its R&D headquarters on Dec. 17. The Namyang Research Institute hasĀ  and is a key organization that serves as the brain of Hyundai Motor Group. At the same…