Hyundai closes R&D centre for ICEs in Namyang, SK

Hyundai Motor Group closed its research and development centre for combustion engines in Namyang, South Korea, according to Green Car Reports—which pulled its information from The Korea Economic Daily. “Now, it is inevitable to convert into electrification,” said the newly appointed Hyundai R&D boss Park Chung-Kook in an email to employees. He said Hyundai “must change the system” by shifting its R&D resources away from combustion engines. They will shift those teams to electric powertrain development instead. (Source: Green Car Reports) Read the full story.

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