3rd January 2020, 11:28
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| | Re: Hyundai's EV roadmap - Wants to become top 3 maker of electric & fuel cell cars
Hyundai to launch 44 e-vehicles by 2025 Source
Hyundai Motor Group has revealed its product strategy till 2025. The South Korean auto giant has the plan to launch 44 electrified vehicles by 2025, including both BEV and plug-in hybrid models. |
The company has the plan to invest around 100 trillion Korean Won over the next five years, with annual investment amounting to 20 trillion Korean Won.
Outlining the product strategy for electrified vehicles, Euisun Chung, executive vice-chairman (EVC), Hyundai Motor Group, said, "To consolidate our leadership in vehicle electrification, we plan to operate 44 electrified models by 2025, including 11 dedicated BEV models, by bolstering the development of EV platforms and core components.”
There will be 13 hybrid cars, 6 plug-in hybrids and two fuel cell electric vehicles as well. The BEV lineup will increase to 23 cars by 2025, from 2019's 9 models. The first dedicated BEV from Hyundai will launch in 2021.
The automaker is working on a new EV architecture development system, which will be applied to the cars from 2024.