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“Hyundai” no longer has “cars”: the end of the development of fuel vehicles, the suspension of Genesis hydrogen vehicles, and only electric vehicles?

Regarding the development of new energy vehicles, countries do not necessarily simply bet on pure electric vehicles-especially in Japan, where the power generation system has encountered major problems, it seems that the situation is more inclined to develop hydrogen energy vehicles/hydrogen fuel cell vehicles. However, South Korea has already bet on the Hyundai Motor Company (Hyundai Motor Company) on both sides for a long time. The current path and bottlenecks encountered, and even the recent development decisions, may really be worthy of reference by other countries. of. Continue reading “Hyundai” no longer has “cars”: the end of the development of fuel vehicles, and the suspension of reporting on Genesis hydrogen vehicles.

▲Image source: Hyundai

“Hyundai” no longer has “cars”: the end of the development of fuel vehicles, the suspension of Genesis hydrogen vehicles, and only electric vehicles?

First of all, with regard to the development of fuel vehicles, Hyundai has not surprisingly followed the development trend of various countries. Recently, it has been reported that it has closed the research and development department of fuel vehicles that has been in operation for 40 years. In the internal letter, it was mentioned that “electricity is an unavoidable trend now.” The outside world regards this policy as a major milestone in the company’s official conversion from oil to electricity.The remaining question should be, should this still be called a Hyundai “car”?

It is said that about 12,000 engineers in the fuel vehicle department will be directly transferred to the relevant departments of electric vehicles, and the R&D center will also focus on the fields of battery raw materials and semiconductors. Emphasize that Hyundai should innovate in the future on the basis of past development.

▲Image source: Hyundai

Interestingly, the new news that emerged almost at the same time as Hyundai Motor’s end of fuel development also included Genesis, a subsidiary that has developed hydrogen vehicles for about 20 years. Recently, it seems that the third-generation hydrogen energy technology development plan, which aims to halve manufacturing costs, reduce volume by 30%, and improve durability and performance, has encountered major bottlenecks. It is reported that related research and development have been suspended or even downsized. This also seems to mean that the successor models of the NEXO hydrogen car launched in 2018 may face difficulties in production.

▲Image source: Hyundai

It seems that under this trend of declining and rising. At present, Hyundai, whose IONIQ electric car series has been well received, seems to be the only option left to develop pure electric car models? As far as they and their sister company KIA announced that they will sell 1.7 million electric vehicles in 2026, they actually need to adjust their focus to achieve the goal. It’s no wonder there have been so many movements recently.

▲Image source: Hyundai

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Source: https://chargedevs.com/newswire/hyundai-ends-new-ice-development-pauses-development-of-genesis-hydrogen-vehicle/