Is Hyundai growing a luxurious electrical sedan? Presumably beneath the Genesis model. Hyundai was not too long ago noticed testing a Lucid Air electrical sedan in South Korea, suggesting a high-end Hyundai EV may very well be within the works.
Hyundai testing the posh Lucid Air and ZEEKR X fashions
Hyundai is pushing forward this yr after promoting a file 268,785 electrical autos globally final yr.
Primarily based on Hyundai’s E-GMP platform, gross sales of devoted EVs just like the IONIQ 5 and IONIQ 6 proceed heating up. Based on Kelley Blue Guide information, Hyundai’s IONIQ 5 electrical SUV was the sixth best-selling EV within the US final yr, with practically 34,000 registrations.
Hyundai was the fourth best-selling EV model final yr. Together with Kia, Hyundai topped Ford (69,163) and GM’s Chevy (63,659) in US electrical automobile registrations in 2023 with over 80,000.
The automaker is opening its first EV and battery plant within the US forward of schedule this yr. After being rewarded for its contributions to the state of Georgia with its personal “Hyundai Day,” the corporate stated it expects to start manufacturing in This fall, forward of its preliminary early 2025 timeline.
Hyundai is “pulling forward” to realize entry to the $7,500 federal EV tax credit score. It’s additionally anticipated to introduce its first three-row electrical SUV, the IONIQ 7, in June on the Busan Motor Present.
Based on current movies from ShortsCar, Hyundai seems to be benchmarking the Lucid Air and ZEEKR X luxurious electrical fashions in Korea.
The spottings counsel a luxurious Hyundai electrical automobile may very well be within the works. Hyundai’s high-end Genesis model is increasing within the US after practically quadrupling EV gross sales final yr.
With over 6,400 all-electric fashions handed over final yr, Genesis topped Lucid and Lexus in US EV gross sales. Genesis is already updating a number of electrical fashions, together with the GV60 and Electrified GV70.
In the meantime, Hyundai is launching a flagship electrical Genesis mannequin at its new devoted EV plant in Ulsan, South Korea. The plant’s supervisor revealed a “super-large” Genesis electrical SUV might be produced for the primary time, in line with The Korean Automobile Weblog.
A report from Korea’s ET Information claims Hyundai is growing an enormous 113.2 kWh battery for the flagship luxurious EV, which might be among the many highest available on the market.
Is Hyundai benchmarking the Lucid Air and ZEEKR X for its upcoming luxurious EV? It may very well be. Lucid’s Gravity electrical SUV was additionally noticed in South Korea earlier this month.
Hyundai goals to be among the many prime three EV makers by 2030. That may imply increasing into new markets, together with luxurious and entry-level.
What sort of luxurious EV would you wish to see from Hyundai or Genesis? Tell us your ideas within the feedback.
Supply: The Korean Automobile Weblog
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