Hyundai Motor Group announced the launch of electric vehicles based on E-GMP, a platform exclusively for electric vehicles this year, commercialization of robo taxis in 2023, and UAM (city center air mobility) in 2028.
On the 4th, Hyundai Motor Group Chairman Eui-sun Eui-seon delivered a New Year’s message to global group employees via email. Chairman Eui-sun Eui-sun said, “2021 should be a year for a major transformation into a new growth engine.”
Chairman Chung added that 2021 is an important time for Hyundai Motor Group. To this end, it presented the goal of a major transformation into a new growth engine, and made it clear that it would expand its dominance in the eco-friendly market, secure future technology capabilities, and strengthen the group’s business competitiveness.
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Specifically, Chairman Chung said, “With the launch of a new car based on the recently announced electric vehicle platform E-GMP, we plan to provide more convenient and safer, more attractive eco-friendly transportation that reflects consumer tastes and needs at a more reasonable price.”
The Hyundai Motor Group is launching exclusive electric vehicles with E-GMP, such as Kia’s semi-mid-sized electric vehicles and Genesis crossover electric vehicles, starting with Hyundai’s Ioniq 5 this year. E-GMP is designed with an optimized structure only for electric vehicles, so it can drive more than 500km (domestic standard) with a single charge, and 80% charging is possible within 18 minutes when using an ultra-fast charger with an 800V charging system. The Hyundai Motor Group plans to expand its electric vehicle lineup from 8 models to 23 models in 2025 and sell 1 million units annually in the global market.
It will also accelerate the construction of electric vehicle infrastructure. The Hyundai Motor Group will directly install 20 high-speed charging stations in Korea by 2021, and expand the charging network further in cooperation with energy companies. In the case of overseas, it will be equipped with an electric vehicle charging infrastructure suitable for each market situation and characteristics with various partners including’IONITY’, a European company specializing in building ultra-high-speed charging infrastructure, which has been strategically invested by Hyundai Motor Group.
It also spurs the creation of a hydrogen ecosystem. It will expand the supply of hydrogen fuel cell systems with the world’s best technology to power sources for ships, generators, and trains as well as global automakers. A new hydrogen energy business brand’HTWO (H2, Hydrogen + Humanity)’, which was recently unveiled, is also part of this. At the same time, through strategic partnerships with global hydrogen, energy, and logistics companies, it is also taking the lead in related hydrogen business. It will also focus on developing next-generation hydrogen fuel cell systems that are applied to future eco-friendly mobility such as UAM (Urban Air Mobility: Urban Air Mobility).
In addition, Chairman Chung said, “We will realize the safest and most innovative mobility technology in the world by enhancing our autonomous driving, connectivity and software capabilities.” He said, “We will continue to invest in new growth areas such as UAM and robotics, and we will thoroughly prepare to expand the area of new mobility in the near future.”
The Hyundai Motor Group will apply Level 3 level of partial autonomous driving technology to mass-produced vehicles in 2022, and promote autonomous driving commercialization service projects such as robo taxis in 2023. Through the autonomous driving joint venture’Motional’, a Level 4 unmanned autonomous driving test was conducted on public roads in Nevada, USA, and in 2023, the autonomous driving commercialization service with the U.S. vehicle-sharing company’Lyft’ was provided in major regions of the United States It is implemented in.
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It also accelerates the development of a UAM (Urban Air Mobility) product line that covers both the passenger and freight markets. The Hyundai Motor Group started with the unmanned aircraft system (UAS) for cargo equipped with a hybrid powertrain in 2026, a fully electric UAM model optimized for urban operation in 2028, and connected adjacent cities in the 2030s. Local aviation mobility products are launched.
In the robotics field, we are actively responding to the global mega trend symbolized by aging and untouching by working with’Boston Dynamics inc.’, which recently signed a stake acquisition contract, while providing a higher level of experience and value beyond expectations for humanity. Provides. The Hyundai Motor Group is planning to apply robotics technology to various mobility fields such as autonomous driving, UAM, and PBV (Purpose Built Vehicle).
It also emphasized strengthening the group’s business competitiveness. Chairman Jeong said, “We will rationalize the group’s business portfolio and lay the foundation for sustainable growth of the group by continuously discovering new growth engines that meet the paradigm shift of the industry.”
The Hyundai Motor Group is a strategy to strengthen future business capabilities through specialization of key parts and software for electrification and autonomous driving by each group company, and to actively explore new growth engines such as new and renewable energy business as well as smart city development.
Reporter Oh Ah-reum [email protected]
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