Future Hyundai Electric
At Hyundai's annual CEO Investor Day in New York, the Korean automaker made several major announcements about its electrified future. Among them: an expansion into extended. Get ready to see a lot more Hyundai vehicles on the road.
The South Korean auto giant just revealed its most ambitious growth plan ever, packed with advanced new EVs and hybrids across nearly all. For customers not quite ready for a full EV, Hyundai is developing an "extended range electric vehicle," or EREV. Debuting in 2026, it will offer up to a 560.
Hyundai's future electric vehicles: 21 new models by 2030 Like its sister brand Kia, Hyundai also promised an EV offensive, with no less than 21 battery-powered models launched by 2030, including. Hyundai has committed significant resources to its electric future, planning to invest $85 billion between 2024 and 2033 in research and development, capital expenditures, and strategic investments. The company targets a 20% improvement in battery performance by 2030 and aims to achieve an operating profit margin exceeding 10% in the same.
Hyundai wants to have a total of 21 electric cars in its programme by 2030. But the company is also working on the EREV, a type of combustion. to explore all-electric models from Hyundai USA such as IONIQ 5, and Kona Electric.
about electric advantages and cost of ownership. The Group has further demonstrated its commitment to EV innovation with the Hyundai SEVEN concept at 2021 AutoMobility LA, the Kia Concept EV3 and EV4 at Kia EV Day in October 2023, and the Genesis Neolun Concept at Genesis House New York this year. These concept vehicles offer a glimpse into an exciting future for the Group's next.
Hyundai has revealed the latest addition to its electric vehicle model line-up with the Concept Three EV. The Concept Three is one of many new Hyundai EVs on the way, with the firm aiming to have an electrified version of every model in Europe by 2027 and 21 EV models globally by 2030. Hyundai aims to offer an electric car in every segment by 2027, so the Ioniq 3 will be the counterpart to the well-known i30 combustion engine model.
With a length of 4.29 metres, a wheelbase of 2.72 metres, a width of 1.94 metres and a height of 1.43 metres, the Concept Three is roughly in the same size class as a VW ID.3.