What is the story about?
What's Happening?
Hyundai is set to expand its N performance lineup, aiming to introduce over seven models by the end of the decade. The current N portfolio includes five models, with plans for additional high-performance vehicles. Hyundai's strategy involves developing both gasoline and electric N models, with potential hybrid options for European markets. The expansion is part of Hyundai's goal to achieve over 100,000 global sales for its sporty division.
Why It's Important?
Hyundai's expansion of the N lineup reflects the growing demand for high-performance vehicles and the shift towards electrification in the automotive industry. The introduction of new models could enhance Hyundai's competitive edge and market share in the performance car segment. The move aligns with global trends towards sustainable and efficient automotive solutions, potentially attracting environmentally conscious consumers.
What's Next?
Hyundai plans to introduce new models, including potential hybrid versions for European markets. The company may unveil concept cars and prototypes to gauge consumer interest and refine designs. The expansion could lead to collaborations with technology partners to enhance vehicle performance and features.
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