Hyundai Motor plans luxury electric car under Genesis brand: executive

Electric plan: Hyundai Motor Co plans to launch a luxury all-electric vehicle under its Genesis marque to build out the lineup of its new premium brand. — Reuters

BUSAN, SOUTH KOREA: South Korean automaker Hyundai Motor Co plans to launch a luxury all-electric vehicle under its Genesis marque to build out the lineup of its new premium brand, Senior Vice President Manfred Fitzgerald said.

"We will definitely go as Genesis brand down the road of alternative propulsions and it is very, very obvious that EV is definitely on the map," Fitzgerald told reporters on the sidelines of an auto show in Busan, without elaborating on details such as a launch date.