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Hyundai commits to fulfilling electrification strategy despite hybrid appeal

Teslarati

Hyundai is committing to fulfilling its electrification strategy, refusing to divest and putting effort toward other, potentially more in-demand powertrains as it continues to find its footing in the world of electric vehicles. Hyundai is one of these companies. This has put pressure on both pure and partial EV manufacturers.

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Hyundai Motor Group launches new company to advance urban air mobility: Supernal

Green Car Congress

Hyundai Motor Group (HMG) is launching a new company called Supernal, LLC to take its future mobility vision forward. —Jaiwon Shin, Chief Executive Officer of Supernal and President, of Hyundai Motor Group. Earlier post.) With this aim, Supernal is forging partnerships at the local and state level across the United States.

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Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

Green Car Congress

At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 The company aims for 2 million units in annual EV sales by 2030. trillion (US$85 billion) over the next 10 years, including KRW 35.8

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Hyundai explores battery leasing to lower EV prices, coordinate reuse

Green Car Reports

Hyundai is looking into battery leasing as a way to lower electric-car prices and ensure environmentally-conscious reuse of battery packs. The automaker on Thursday announced a memorandum of understanding with the South Korean government and partner companies to create an "ecosystem" around EV batteries, according to a press release.

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Hyundai Motor to accelerate transition into smart mobility solution provider

Green Car Congress

Hyundai Motor Company announced an updated roadmap for its future business Strategy 2025 at the 2020 CEO Investor Day’ forum held virtually in Seoul. The comprehensive mid- to long-term strategy reinforces Hyundai’s plan to lead the future mobility industry as a Smart Mobility Solution Provider. Hydrogen fuel cell systems.

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Hyundai offers 250 kWh of free fast charging to Kona and IONIQ with Electrify America

Green Car Congress

Hyundai Motor America will provide 250 kilowatt-hours of complimentary charging on Electrify America’s ultra-fast charging network for owners of 2021 Kona Electric and Ioniq Electric models. 250 kilowatt-hours equals about 1,000 miles of EPA-estimated driving range in a 2021 Hyundai Kona Electric or Ioniq Electric.

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Hyundai Motor Group chairman outlines strategic directions for 2021 and beyond

Green Car Congress

In a New Year’s message, Hyundai Motor Group Chairman Euisun Chung outlined the company’s strategic direction and commitments for the year 2021 and beyond. Hyundai Motor Group plans to expand its battery electric vehicle lineup from the current eight models to 23 by 2025 and sell 1 million units annually in global markets.

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