Hyundai to launch over 38 battery powered EV cars in next eight years.
As we know when last year Hyundai launched the Ioniq family of cars which were offering conventional hybrid, plug in hybrid and even the fully electric variant. Obviously this wasn’t enough for the competitions like Toyota Prius or even the Tesla Model 3 for that matter but it was always a competition to them. Still, even with many environment friendly vehicles in lineup the automaker is not a known manufacturer of “green” vehicles. But over the next eight years Hyundai is claiming to change that.
According to a report from Bloomberg Hyundai Motor Group is planning to introduce as many as 38 environmentally friendly EV vehicles in the next eight years. Reportedly, there will be 7 new offering from Hyundai and its sister company Kia in just next 5 years. Many of them are expected to be fully electric.
“Hyundai should have become a first mover of EVs, but it is still staying as a fast follower, sadly Hyundai is late by about three years.” – Kim Phil-Soo.
(Kim Phil-Soo, a professor of automotive engineering at Daelim University near Seoul, told Bloomberg.)
We can’t deny the fact that Hyundai, which was putting all its efforts on hydrogen fuel cells has to move its focus towards EVs as there’s a huge increase in demand for electric cars. The South Korean automaker now have to put hydrogen on the back burner while they work to bring electrified models to market on priority. But still when questioned Hyundai answered that they’re still working on hydrogen fuel cells but for the time being they’ve to rely on the EVs until fuel infrastructure and economies of scale make hydrogen power profitable.
“There are over 1200 battery powered carmakers in the world, while only three automakers have the technology to produce fuel-cell cars, we see that the hydrogen car is an ultimate direction but we are not saying we will put everything on it. We will push for both of EV and FCV for now.” – Senior Vice President Lee Ki-Sang.
Hyundai is planning to soon launch an electric version of its Kona CUV, but they claim that they’ll also introduce a hydrogen fuel cell SUV for targeted markets.