 "Hyundai, electric car")
Hyundai Motor Co said on Thursday it was placing electric vehicles at the centre of its product strategy — one that includes plans for a premium long-distance electric car as it seeks to catch up to Tesla and other rivals.
Like Toyota Motor Corp, Hyundai had initially championed fuel cell technology as the future of eco-friendly vehicles but has found itself shifting electric as Tesla shot to prominence and battery-powered cars have gained government backing in China.
Toyota is now also working on longer distance, fast-charging electric vehicles, local media have reported.
The South Korean automaker is planning to launch an electric sedan
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