Hyundai Motor's battery subscriptions set to boost EV growth

Hyundai Motor's battery subscriptions set to boost EV growth

Hyundai Motor Group’s battery subscription model for electric vehicles (EVs) is expected to significantly lower upfront costs and accelerate broader EV adoption across the nation, once the carmaker proves the project's economic feasibility, industry officials said Wednesday. The automaker plans to launch the demonstration project in the first half of this year, targeting corporate taxi fleets whose vehicle warranties have expired. Once it proves…