Like most of its peers, Hyundai Motor Group is preparing for an EV future.
Hyundai Motor Group, responsible for the Genesis, Hyundai and Kia brands, is reportedly in the process of winding down development of internal-combustion engines to fully focus on electric powertrains.reported last week that HMG has closed the engine development department located at its main R&D center in Hwaseong, South Korea, with staff to be transferred to departments developing electric motors, batteries and semiconductors.
The news is backed by comments made by Hyundai R&D chief Park Chung-Kook in an employee email seen by The Korea Economic Daily. “Now, it is inevitable to convert into electrification,” he said. “Our own engine development is a great achievement, but we must change the system to create future innovation based on the great asset from the past.”
The news isn't a huge surprise given pledges made by many automakers to offer full EV lineups within a decade. Among them is Genesis which in September said it plans toHyundai and Kia have also announced plans to launch multiple EVs in the coming years. For example, Hyundai already offers the Kona, Ioniq Electric, and Ioniq 5 in the U.S., and in the coming years will add an
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Waymo will add custom-built EVs by Chinese company Geely to its robotaxi fleet | EngadgetIn the future, Waymo's robotaxi fleet in the US will feature electric vehicles build specifically for the service by Chinese automaker Geely..
Read more »
Ford's charging into an era where EVs are power stations on wheelsBoth the all-electric Ford F-150 Lightning and its hybrid cousin will be able to power up the Mach-E and others. Here's what to know.
Read more »
Hyundai reportedly stops developing new combustion engines | EngadgetHyundai reportedly closed its gas engine development unit to speed up the transition to EVs..
Read more »
Hyundai Group Shuts Down Its Engine Development Center As It Focuses On Electrification | CarscoopsHyundai Group Shuts Down Its Engine Development Center As It Focuses On Electrification | Carscoops carscoops
Read more »
Hyundai Motors Will Reportedly No Longer Develop Internal Combustion EnginesThe shift to electric transportation is imminent. Hyundai just shut down the engine division that was its pride for almost four decades.
Read more »