South Korean automaker Hyundai has launched its first hybrid-dedicated model called "Ionic."
The gasoline-electric car is the first hybrid-exclusive car the company has made from scratch.
Hyundai is targeting to sell 77,000 of its hybrid car next year.
It had invested heavily to build a hybrid model to take on Toyota and hopes to achieve a better fuel economy than the latest Prius.
-ANC's
Market Edge, January 15, 2016
source: www.abs-cbnnews.com