Hyundai confirms plans to launch 23 electric cars by 2025

During its 2020 New Year ceremony held at its headquarters in Seoul, Hyundai Motor Group announced its plan to introduce 44 electrified models by 2025. The models will include 13 hybrids, six plug-in hybrids, 23 battery electric vehicles and two fuel- cell electric vehicles. The group’s electrified lineup currently has 24 models.

“Hyundai Motor Group enters 2020 as the inaugural year for securing its future industrial leadership,” said Euisun Chung, Executive Vice Chairman (EVC) of Hyundai Motor Group. Mr Chung further 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.”

Human-centred smart mobility solutions

The New Year’s message included the plan to actively pursue new technologies and projects that can provide human-centred 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.

“In recent years, due to the rapid development in technology and networks, what had only been imagined is becoming an everyday reality, and this trend is accelerating in the automotive industry,” Chung said of the direction of the Group’s technological innovation. “In particular, in our fuel-cell electric vehicle business, where we boast the world’s top technological competitiveness, we will hit our stride by providing fuel-cell systems to customers not only in the automotive industry but also in other sectors,” he pointed out. “Furthermore, we will add momentum to expanding the hydrogen ecosystem and its infrastructure by cooperating with partners around the world.”

Hyundai Motor Group EV Plan 2020 02
The Group is planning to supply fuel-cell systems to the transport sector covering vehicles, vessels, railcars and forklifts and power-generation sector, by delivering some 200,000 fuel-cell systems per year around the world by 2030. Hyundai will simultaneously establish a 500,000 units-per-year capacity for FCEV production in Korea.

Hyundai is also working on a new EV architecture that will be applied to models from 2024. This year, the Group will introduce hybrid and plug-in hybrid variants to its best-selling SUV models, including Kia Sorento, Hyundai Tucson and Hyundai Santa Fe.