Hyundai Motor is undergoing a strategic shift in its approach to electric vehicles (EVs) by embracing hybrid and extended-range vehicles while still incorporating hydrogen in its plans. The Korean carmaker, known for its successful EV strategy with models like the Ioniq, has risen to prominence in the US EV market, positioning itself as a major player alongside Kia and Genesis. However, in response to a slowdown in EV sales affecting the industry, Hyundai has adjusted its strategy to focus on hybrid powertrains and extended-range EVs. The company aims to sell 2 million EVs annually by 2030 but is now diversifying its portfolio with a stronger emphasis on hybrids, taking inspiration from the strategies of Toyota and Honda. The shift includes plans to double its hybrid lineup, introduce extended-range EVs with impressive 600-mile ranges, and utilize hydrogen at its industrial sites like the HMGMA in Georgia. Hyundai's vision includes selling 5.55 million vehicles globally by 2030, with a significant portion being battery-powered EVs and a growing number of hybrid models. The company also plans to launch the second generation of its hybrid powertrains in 2025, expecting a surge in hybrid vehicle sales by 2028. Furthermore, Hyundai is betting on the development of extended-range EVs, which will use one-third of the battery capacity of a traditional battery electric vehicle (BEV), offering high total ranges. Interestingly, hydrogen has made a comeback in Hyundai's roadmap, although the focus is on utilizing it at industrial sites rather than launching new fuel-cell electric vehicles (FCEVs). This strategic evolution showcases Hyundai's adaptability in the evolving automotive landscape, combining its success in the EV market with a forward-looking approach to hybrid and extended-range vehicles.