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World news – AU – Hyundai Motor makes a big push in electrics

. . A strategic change is underway at Hyundai, South Korea. On Wednesday (3. December), a platform for electric vehicles only is to be introduced early next year. And will use its own battery technology to reduce production time and costs. The plan underscores the efforts of the No.. 1 in the world. 5 Auto Group becomes a major player in the global EV market. Automakers around the world are investing billions of dollars in improving battery technology. This has kept EV prices high compared to internal combustion engine models. Market leader Tesla said in September it plans to cut the cost of its EV batteries in half and increase in-house production of key auto components to bring EV prices to 25 each. $ 000 lower. Hyundai expects its dedicated Electric Global Modular Platform will allow it to use its own battery module technology for all EV models and cut the number of components by more than half. The goal is also to offer a range of 500 km or 310 miles or more on a single charge. This is an improvement of at least 23% over the Kona EV, the longest-range model among Hyundai's EV models. However, Hyundai said it saw no need to make its own battery cells and was happy with its suppliers Hyundai Motor and its sister company Kia Motors, who jointly intend to sell 1 million electric vehicles in 2025. This would help them become the third largest electric vehicle seller in the world.

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On Wednesday (3. December) it was announced that a platform for electric vehicles only would be introduced early next year.

The plan underscores the efforts of the No.. 1 in the world. 5 Auto Group becomes a major player in the global EV market.

Automakers around the world are investing billions of dollars in improving battery technology.

Market leader Tesla said in September it would cut the cost of its EV batteries in half and increase in-house production of key automotive components to bring EV prices to 25 each. $ 000 lower.

Hyundai expects its dedicated Electric Global Modular Platform to enable the use of its own battery module technology for all EV models.

The goal is also to offer a range of 500 km or 310 miles or more on a single charge.

This is at least a 23% improvement over the Kona EV, the longest-range model among Hyundai’s EV models.

However, Hyundai said it saw no need to manufacture its own battery cells and was happy with its suppliers.

Hyundai Motor and its sister company Kia Motors aim to jointly sell 1 million electric vehicles in 2025.

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Electric vehicle, Hyundai Motor Company

World news – AU – Hyundai Motor makes big push in electrical engineering
. Related title :
Hyundai Motor Makes Big Boost In Electricity
Hyundai reveals dedicated EV platform
Hyundai plans 23 electric cars by 2025
Hyundai-Kia unveils E-GMP architecture for Electric Vehicles
Hyundai plans to bring 23 global electric vehicles to EV platform by 2025
Hyundai&s revolutionary E-GMP platform and what it is for EVs has to offer the future
EV / AV Report: 7. December 2020

Ref: https://uk.sports.yahoo.com

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