Hyundai plans to operate 44 electrified models around the world by 2025

Through a new EV architecture development system, Hyundai Motor Group will innovate its cost structure for electric vehicles by sharing components in
...
Euisun Chung, executive vice chairman of Hyundai Motor Co., speaks during a new year company meeting at the automaker's headquarters in Seoul, (Bloomberg)
Euisun Chung, executive vice chairman of Hyundai Motor Co., speaks during a new year company meeting at the automaker's headquarters in Seoul,

In its New Year 2020 ceremony held in Seoul, Hyundai Motor Group on Wednesday underlined its commitment towards vehicle electrification, autonomous driving and mobility services, and said that it plans to operate 44 electrified models in the next five years.

Euisun Chung, Executive Vice Chairman at Hyundai Motor Group, said in his address that the company is taking huge strides to secure its leadership in future industries such as electrification, autonomous driving and mobility services. He also expounded Hyundai's objectives for this year and beyond as achieving innovations in technology, business, corporate culture and customer prioritization.

Also check these Cars

Find more Cars
Hyundai Kona Electric (HT Auto photo)
BatteryCapacity Icon39.2 kWh Range Icon452 km
₹ 23.79 - 23.98 Lakhs
Compare
View Offers
Hyundai Kona Electric 2024 (HT Auto photo)
UPCOMING
BatteryCapacity Icon64.8 kWh Range Icon418 Km
₹ 25 Lakhs
View Details
Hyundai I20 (HT Auto photo)
Engine Icon1197 cc FuelType IconPetrol
₹ 6.99 - 11.16 Lakhs
Compare
View Offers
Hyundai Tucson 2024 (HT Auto photo)
UPCOMING
Engine Icon1999 cc FuelType IconPetrol
₹ 30 Lakhs
View Details
Hyundai Exter (HT Auto photo)
Engine Icon1197 cc FuelType IconMultiple
₹ 6 - 10.15 Lakhs
Compare
View Offers
Hyundai Creta (HT Auto photo)
Engine Icon1497 cc FuelType IconMultiple
₹ 11 - 20.15 Lakhs
Compare
View Offers

Through a new EV architecture development system, Hyundai Motor Group will innovate its cost structure for electric vehicles by sharing components in their application to various models. It will also increase profitability and volume of each model through lineup optimization.

Hyundai Motor Group will invest more than KRW 100 trillion over next five years with Chung saying that 11 of the 44 electrified vehicles by 2025 would be BEVs (Battery Electric Vehicles). He asked employees of the company to adopt a 'creative mindset' and 'enterprising will' like that of a startup entrepreneur.

Also included in the 2020 New Year’s message was the plan to actively pursue new technologies and projects that can provide human-centered smart mobility solutions in a wide range of areas, including robotics, Urban Air Mobility (UAM) based on the use Personal Air Vehicles (PAV) and smart city solutions, all of which would progress alongside automobile-based innovations.


First Published Date: 02 Jan 2020, 14:15 PM IST
NEXT ARTICLE BEGINS

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city

Want to get the best price for your existing car?

Powered by: Spinny Logo
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.