Leading the Green Drive: Hyundai's Eco-Friendly Vehicles Gain EPA Praise

by TTAC Staff

Published: January 5th, 2024

Photo credit: Roman Vyshnikov / Shutterstock.com

In the latest EPA Automotive Trends Report, Hyundai has emerged as a leading figure in eco-friendly automotive technology. The company is only second to Tesla in achieving the highest fuel economy and the lowest CO2 emissions amongst major automakers.

Hyundai's Environmental Progress

Between 2017 and 2022, Hyundai has successfully reduced its CO2 emissions from 311 g/mi to 302 g/mi and improved its fuel economy from 28.6 MPG to 29.1 MPG. These numbers reflect Hyundai's commitment to developing a more efficient range of vehicles.

Electrification and Reducing Carbon Footprint

A key aspect of Hyundai's strategy is its focus on electrification, aimed at diminishing the carbon footprint. The company offers a diverse range of electric, hybrid, and hydrogen-powered vehicles in the U.S. market, including the acclaimed IONIQ 5, IONIQ 6, and KONA Electric. Electric vehicles constituted 7% of Hyundai’s total sales in 2023, doubling from the previous year. Hyundai's ambitious goal includes launching over 17 new battery-electric models and targeting a substantial share of the global EV market by 2030.

Impact on Industry Trends

The EPA report underscores a significant shift in the automotive industry, with a marked improvement in CO2 emissions and fuel economy. Hyundai's efforts are a crucial part of this industry-wide transformation, promising further enhancements in upcoming models.

Hyundai's Economic Influence in the U.S.

Hyundai's presence in the U.S. extends beyond its environmental initiatives. With its headquarters and various facilities across the nation, Hyundai significantly contributes to the American economy and job market, underscoring its role as a key player in the automotive sector.

This article was co-written using AI and was then heavily edited and optimized by our editorial team.

TTAC Staff

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Alan As the established auto manufacturers become better at producing EVs I think Tesla will lay off more workers.In 2019 Tesla held 81% of the US EV market. 2023 it has dwindled to 54% of the US market. If this trend continues Tesla will definitely downsize more.There is one thing that the established auto manufacturers do better than Tesla. That is generate new models. Tesla seems unable to refresh its lineup quick enough against competition. Sort of like why did Sears go broke? Sears was the mail order king, one would think it would of been easier to transition to online sales. Sears couldn't adapt to on line shopping competitively, so Amazon killed it.
Alan I wonder if China has Great Wall condos?
Alan This is one Toyota that I thought was attractive and stylish since I was a teenager. I don't like how the muffler is positioned.
ToolGuy The only way this makes sense to me (still looking) is if it is tied to the realization that they have a capital issue (cash crunch) which is getting in the way of their plans.
Jeff I do think this is a good thing. Teaching salespeople how to interact with the customer and teaching them some of the features and technical stuff of the vehicles is important.