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Home Hyundai

Hyundai CEO vows the ‘best is yet to come’ with new EVs and tech

December 21, 2024
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Hyundai CEO vows the ‘best is yet to come’ with new EVs and tech
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Hyundai Motor Group is poised for an thrilling future, as chair Euisun Chung assures staff that even larger developments are on the horizon. Throughout a latest city corridor assembly on the firm’s cutting-edge innovation heart in Singapore, Chung emphasised that whereas the previous 12 months has been exceptional, “the actual greatest is but to come back.”

The corporate, which incorporates manufacturers resembling Kia and Genesis, has skilled a stellar 12 months with international gross sales on course for report numbers. Chung inspired the group, declaring, “Our journey has been wonderful thus far,” and suggesting that future developments will improve their trajectory.

Hyundai’s innovation heart, inaugurated final November, is designed to provide {custom} electrical automobiles (EVs). This facility permits prospects to personalize their automobiles remotely and even schedule check drives on a novel 675-yard rooftop observe, enhancing the general buyer expertise. The middle is described as a groundbreaking house for potential EV consumers to interact with each their automobiles and the Hyundai model, facilitated by robots which carry out roughly 50% of the operational duties.

At present, the ability is targeted on the manufacturing of custom-built EVs, together with the IONIQ 5 and IONIQ 6, in addition to autonomous robotaxis. Chung introduced plans to increase this “Software program Outlined Manufacturing facility (FSD)” mannequin to extra key areas, together with the Hyundai Motor Group Meta Plant America.

In October, Hyundai commenced manufacturing at its newly opened EV plant in Georgia, marking a major milestone with the primary US-made IONIQ 5 rolling off the meeting line. The up to date 2025 IONIQ 5 showcases enhancements resembling a bigger battery for elevated vary and an modern new design, which incorporates an NACS port appropriate with Tesla Superchargers. Hyundai’s debut three-row electrical SUV, the IONIQ 9, is ready to launch subsequent 12 months from the identical facility.

Having simply concluded its most profitable gross sales month within the US, Hyundai is optimistic about its potential for development, particularly with the introduction of superior locally-manufactured fashions. The corporate’s EV gross sales surged by 77% final month, pushed by vital shopper curiosity, significantly within the IONIQ 5, which recorded its highest gross sales figures up to now.

As a part of its enlargement efforts, Hyundai plans to implement new applied sciences at its Ulsan EV plant and an entire knockdown manufacturing facility in Saudi Arabia. With the arrival of the 2025 IONIQ 5 at dealerships, engaging leasing choices are being supplied on the 2024 fashions to entice consumers, making them accessible for as little as $199 per 30 days whereas provides final.



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