Hyundai Motor Co. announced some major news this week. The automaker plans to focus most of its production department on electric vehicles from now on. On top of that, the company will bring in competitive technology in the form of new fuel cell vehicles. These will function based on a top-notch technology that will permit them longer travel range than any other EV.
Hyundai Plans a Major Launch of Genesis Electric Sedan in 2021 with Longer Travel Range
On Thursday, the South Korean automaker revealed plans to consolidate its position within EV market in the following years. The first major step would be the launch of an electric sedan under Genesis brand in 2021. The most impressive feature of this concept will be a range of 310 miles.
Until then, the company will test the waters with an electric version of its Kona small sports utility vehicle. The product will enter the market in the first half of 2018 with a range of 242 miles. Executive Vice President Lee Kwang-guk informed the media that today’s world is ready to embrace eco-friendly and potent technology.
“We’re strengthening our eco-friendly car strategy, centering on electric vehicles.”
Those in Hyundai’s professional entourage are also ready to take a plunge into the young EV market. For instance, affiliate Kia Motors Corp which occupies the fifth place in global vehicle sales announced major shift in production. They are going to add three electric vehicles to their portfolio of eco-friendly products. By 2021, this list will contain a total of 31 eco models under the Kia brand.
Hyundai Was the First to Introduce Fuel Cell Vehicles in 2013
Last year, Hyundai offered its customers the first fully electric car called IONIQ. However, no matter its performances, the vehicle lost major points since rivals General Motors and Tesla came with offers with higher per-charge driving ranges.
Therefore, the South Korean company hopes to make it up for this shortcoming through its new fuel cell SUV. Each charge will assure owners autonomy for a longer travel range of 310 miles. Hyundai was the first to launch this technology four years ago.
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