By the end of 2022, Hyundai Motor will have 10 electric, environmentally friendly vehicles in production, seven of which will be SUVs. A variety of hybrid, plug-in hybrid electric, battery-electric, and hydrogen fuel-cell electric vehicles will all be part of the product push. Some of the models will be additions to the current lineup, while others, like the brand-new midsize Ioniq 5 all-electric SUV, will be brand-new models.
By 2022, four conventional hybrids will be available, including variations of the compact Elantra, midsize Sonata, and midsize Santa Fe sedans, as well as the midsize Santa Fe and compact Tucson SUVs. The Tucson will also be available in a plug-in hybrid model, which will be its most potent and economical engine choice. A PHEV will also be added to the Santa Fe lineup.
Both conventional gas and fully electric options will continue to be offered for the little Kona SUV.
Electric motors improve gas engines’ performance because they provide their maximum power or torque at low engine speeds. Peak power in gasoline engines normally occurs between 2,000 and 3,000 rpm. When you press the throttle hard, you don’t feel the power for approximately a second. Because of this, a fuel-saving electric motor can also produce sportier characteristics.
Olabisi Boyle, vice president of product planning and mobility strategy for Hyundai Motor North America, said in a statement that the business is creating cars for its consumers as well as “envisioning smart mobility solutions for critical environmental and transportation requirements of the future.” The strategy fits into the global “Progress for Humanity” philosophy of the Korean manufacturer.
Automakers are attempting to introduce new powertrain technologies to the market as governments across the world implement more rigorous emissions and fuel economy regulations. Every manufacturer is developing a unique strategy to get there. The Hyundai strategy calls for a wide range of alternatives, including electric hydrogen fuel-cell cars like the Nexo type it unveiled two years ago.
For the time being, Hyundai’s electrification ambitions have mostly concentrated on enhancing fuel economy and reducing emissions. But the automaker is learning from rivals like Toyota and Honda, both of which have introduced plug-ins made to increase performance as much as mileage.
The program is still in its early stages, according to Hyundai officials involved in product development, and it is yet unclear exactly what strategy Hyundai will use. Although future Hyundai battery electric vehicles will also place a focus on performance, taking advantage of the rapid torque provided by electric motors, such goods are expected to come in conventional or plug-in hybrid form.
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Hyundai discontinues its engine development division in favor of electric vehicles
Hyundai made the announcement that it is ceasing development of internal combustion engines in order to concentrate on electric vehicles.
The Korean carmaker has stopped creating internal combustion engines for use in its line of vehicles after 40 years of doing so.
According to The Korea Economic Daily, Park Chung-kook, Hyundai’s new R&D leader, announced in an email to staff that the company is stopping work on new engine development.
“Now, conversion to electrification is unavoidable. Although the construction of our own engine is a fantastic accomplishment, we still need to make systemic changes in order to build future innovation off of the great asset from the past.”
According to reports, Hyundai employed 12,000 employees to develop engines, however they have now been moved to concentrate on EV powertrains:
“Only a few of the researchers from the engine design unit are still working on modifying current engines because the majority have transferred to the electrification design center. The powertrain performance development center is evolving into an electrification performance development center, while the powertrain system development center is evolving into an electrification test center.”
On the modification, Park added:
“The immediate challenge is to create cutting-edge automobiles that can rule the market in the future. This restructuring will serve as a crucial springboard for further development in the coming year.”
Hyundai has previously been hesitant to make a complete commitment to electric vehicles.
The manufacturer is still significantly involved in hydrogen fuel cells, but with the release of the Ioniq 5, it is starting to see some success with battery-electric vehicles.
As the manufacturer increases its investment in the technology, which most industry experts say will soon power the entire automotive industry, a full portfolio of Ioniq battery-electric vehicles is anticipated to follow.
Hyundai intends to release a new tiny electric vehicle for under $20,000.
Hyundai has acknowledged that it has entered the competition to create a brand-new compact electric car for under $20,000. But it appears that only European markets may get access to it.
The cost of electric vehicles continues to be one of the key criticisms. Even with subsidies, the majority of consumers cannot afford them.
Fair enough, most new cars are not a wise investment for the majority of people, and EVs are targeting the new car market. However, many automakers that entered the EV market started with more premium segments, which is another element that makes electric vehicles on average more expensive.
In the $20,000 price bracket, there are very few, if any, electric vehicle possibilities. A number of automakers have stated that they are aiming towards that price range, including Volkswagen with the ID Life program, which the German automaker claimed would be less than $25,000.
Hyundai has now disclosed that it is also developing a cost-effective electric vehicle.
Supercharged ride that is electrified.
Say hello to the new 2022 KONA Electric, an SUV with all-electric versatility. Our all-electric compact SUV goes all out with advancements in style, safety, and comfort while getting an EPA-estimated 258 miles with no emissions on a single charge. Huge completely digital panels, the optional Hyundai Digital Key, and wireless device charging are just a few of the cutting-edge features.
Based on a completely charged battery and 120 combined MPGe in 2022, the KONA Electric has a 258-mile range. MPGe is the EPA-equivalent indicator of gasoline fuel economy when operating in electric mode. All data are EPA estimates and are only being used for comparison. Actual range and mileage will differ depending on selections, driving patterns, the state of the car and battery, and other elements.
The Qi wireless charging function of a smartphone depends on the phone’s compatibility with particular companion covers.
A compatible Android smartphone, along with a 2022 KONA Electric that is outfitted suitably, are required for the Near Field Communication digital smartphone key. Not all Android gadgets work together. Smart key with push button start, wireless device charging, and an Audio Video Navigation System 5.0 (or newer) or Display Audio 2.0 are required for KONA Electric vehicles. Only the driver’s door has lock/unlock capability. Specifications and features are subject to change. For more information and restrictions, consult your Owner’s Manual.
CMO Angela Zepeda on how the automaker is preparing its fleet for the future
Join top marketers from across the world as they offer ideas on Web3, purpose-driven marketing, and more at Brandweek Europe on November 9 and 10.
In 1991, Hyundai unveiled their first electric vehicle. That Sonata sedan’s top speed was 37 mph, and its maximum range was only 44 miles, which made it less than competitive with similarly equipped gas-powered vehicles.
Will Hyundai switch to electricity?
- The Ioniq 5 N will be Hyundai’s first high-performance electric vehicle, and the company has confirmed its plans to sell it. Information about prices and release dates will be available later this year.
- The Korean automaker also unveiled to the public a concept Ioniq 6-based 577-hp electric sports sedan.
- The N Vision 74, a 671-hp hydrogen fuel cell/electric hybrid sports automobile, was the third N performance model displayed. We don’t yet know if or when either concept will go into production.
One production vehicle was confirmed for the near future: the 2023 release of the all-electric Ioniq 5 N. We are unable to reveal the 5 N just yet because Hyundai withheld all information and left the design totally up to our ideas.
Both the N Vision 74 and the RN22e ideas were referred to as “rolling lab” test beds. They will be used to improve the performance technologies for electric vehicles that will be employed in next N products. According to Hyundai, a rolling lab test bed is a vehicle that straddles the line between a pure purpose-built racing machine and a production car, indicating an intention to sell specific technologies.
The number of electric vehicles sold by Hyundai.
Hyundai has shipped over 97,000 wholesale plug-in electric vehicles so far this year, accounting for 5.3% of all wholesale volume (an increase of 80% year over year).
Volume of wholesale shipments by type of powertrain YTD:
- 73,559 BEVs, up 61%.
- 24 385 PHEVs, up 35%
- Plug-ins in total: 97,944 (up 54%)
- 5,032 (down 2%), FCVs
Will all automobiles someday be electric?
The world as it could appear if fossil-fuel powered cars were phased out by the year 2040 is explored in a new analysis by Jon Berntsen and Frank Melum from the Thomson Reuters Carbon team. The analysis is displayed here in an interactive visualization created by Thomson Reuters Labs. The hypothetical scenario projects the effects of increasing EV adoption on a sliding scale from now to 2050 by substituting current worldwide sales with EVs and using historical passenger car sales trends as a guide. (The complete approach and premises are available here.)
According to the graph, only a minuscule fraction of the nearly 1.3 billion automobiles on the road in 2018 are hybrids and electric vehicles. Around 74 million new gasoline-powered vehicles, 11 million diesels, 2.5 million hybrids, and 1.4 million electric vehicles will be marketed this year. The existing fleet of fossil fuel vehicles emits slightly more than 3 billion metric tons of carbon dioxide, and the total amount of electricity required to power that fleet would be close to 13 terawatt hours.
According to the depiction, a change will become apparent by 2025. Sales of new hybrid vehicles reach a peak, and electric vehicles (EVs) gain market share steadily. While carbon dioxide exhaust emissions start to decline and power demand starts to rise, the number of vehicles running on gasoline and diesel starts to decline.
Nearly all major automakers are preparing to switch to electric automobiles, while Europe, China, and India are moving toward outlawing the sale of vehicles that run on fossil fuels. We are also witnessing the apex of the hybrid sales linear growth curve and the actual beginning of the EV sales exponential growth curve. Carbon emissions from transportation decrease as a result, but electricity consumption and grid pressure actually start to increase.
Nearly half of all vehicles on the road by 2040 will still be powered by fossil fuels, but all new cars sold will be electric vehicles (EVs). As a result, the amount of carbon dioxide produced by passenger cars would decrease to 1.7 billion metric tons, but the overall amount of energy needed to power the growing number of electric vehicles on the planet will have increased to roughly 1,350 terawatt hours.
In 2050, there will be an increased need for electricity of about 3,000 terawatt hours, he predicted, “if we assume that all automobiles sold in 2040 and onward are electric.” “To put that amount in context, the European Union now produces roughly 3,200 terawatt hours. Our current mix of power generation will need to shift significantly as a result of the rising demand.
Renewable energy sources account for over two-thirds of new electricity capacity, with solar accounting for about half. The cost of solar technology is continuously decreasing, and there are now instances where solar energy is more affordable than coal-fired power plants. Clean energy might be used to power the fleet of EVs in the future.
By 2030, which automaker will only sell electric vehicles?
Electric cars are quickly taking over the automotive industry. Public perceptions of climate change are changing, legislation banning internal combustion engines is imminent, and EV technology and charging infrastructure are advancing. Many current classic automobiles may soon switch to electric propulsion as well. Companies are predicting avalanches of new electric vehicles built on specialized EV platforms. Companies who have invested heavily in EVs are finding that they can’t produce them quickly enough.
In addition to developing the limited-edition Evija all-electric sports car, Lotus wants to be a leading EV brand by 2028.
By 2030, Bentley intends to run exclusively on electricity. By 2026, the brand will only offer electric or plug-in hybrid vehicles.
By 2035, GM promises to only sell electric vehicles. By 2030, Cadillac will set the standard for all-electric vehicles.
After hesitating, Toyota has now made big plans for electric vehicles. One of those plans is for Lexus to go completely electric by 2030 in North America, Europe, and China (and all markets by 2035). And an electric LFA replacement could be coming.
By 2033, Audi promises to be electrified. In 2026, they will introduce their final new internal combustion vehicle.
By 2035, General Motors and its Chevrolet, GMC, and Buick brands would no longer produce combustion-engined vehicles, according to the company’s strategy. This strategy will include the brand-new Silverado EV truck, which will debut in 2024, as a crucial element.