According to Reuters, Hyundai is currently working on its first dedicated hybrid vehicle to bolster its lineup and compete directly against the Toyota Prius.
"We will take the lead in the future by raising the competitiveness of our environment-friendly cars like hybrid-only cars, plug-in hybrid cars and fuel cell hydrogen cars," Hyundai Motor CEO Kim Choong-ho said at a launch event for its Aslan premium sedan in South Korea.
The company did not provide any details about this new hybrid or a possible release date.
Source: Reuters