Genesis Becomes the Latest Automaker To Walk Back EV Plans

Many automakers have found themselves in awkward positions after investing billions in aggressive EV conversion plans, only to realize that buyers aren’t as excited about them as hoped. Genesis is the latest to walk back some EV plans, saying that it would not go whole-hog on EVs after 2025 as it had initially announced.

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Drive Notes: 2024 Genesis Electrified GV70 AWD Prestige

"What kind of car are you driving?" my neighbor asked me this morning.

"A Genesis" I replied. Because 2024 Genesis Electrified GV70 AWD Prestige is a mouthful.

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  • ToolGuy You people worry too much. I voted today, and I made some very solid choices. Trust me, your problems are over.
  • ToolGuy Meanwhile Jim Farley, Ford CEO is driving a China EV.
  • SCE to AUX It's cheap for a Lucid, and probably too cheap to make a profit.
  • Tassos At $80k worthless, cackling Kamala Dollars it will sell a few lousy cheap Lucids. But if you are asking if it will sell a MILLION UNITS A YEAR, NOT IN YOUR SILLY DREAMS. NO OTHER MODEL THAN THE Model 3/Y has been able to Achieve this sTUNNing success.
  • AMcA Lyriq was a slow seller early this year - I went on the website and looked at dealer inventory, and they were stacked up like cord wood. I tried the same search a couple weeks back and it looks like they're in short supply now, only a handful in my area. It appears it's caught on, which justifies this further variant.