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Hyundai group’s new E-GMP platform is key to million-sales target

Hyundai’s 2nd new EV, slated for a international launch in 2022, will be primarily based...

Hyundai’s 2nd new EV, slated for a international launch in 2022, will be primarily based on the Prophecy concept from March of this yr. The 4-doorway sedan concept has 4 seating areas in a midsize to big exterior.

“They will almost certainly present the Ioniq six as an choice for individuals that like sedans but want to go completely electric powered somewhat than hybrid or plug-in hybrid,” claimed Abuelsamid. “It almost certainly is not going to do as properly as the 5 and seven, but we could also see the industry change back to sedans at some place.”

The Ioniq seven big SUV, arriving in 2024, would allow for the Korean automaker to contend with American gamers such as upstart EV maker Rivian and Common Motors’ Hummer automobiles, as properly as even larger crossovers from BMW, Audi and likely Nissan, Volkswagen and other folks.

“No matter if the industry is completely ready for bigger electric powered SUVs continues to be to be noticed, but we are going to be obtaining out by 2024 since there will be several products and solutions on the industry,” claimed Abuelsamid. “If it presents the vary folks want at a acceptable cost place, I see no explanation why it shouldn’t do properly.”

Kia claimed that its EVs will present either four hundred-volt charging capability — the typical in most EVs today — or 800-volt charging, which is supplied on the new Porsche Taycan. The greater battery voltage enables for tremendous-quick charging at community stations and is additional useful for substantial-mileage drivers.

Kia is targeting international once-a-year income of 500,000 EVs by 2026. Hyundai claimed it expects 560,000 battery-electric powered income by 2025, in addition to income of gas cell electric powered automobiles, which need hydrogen filling stations. Hyundai group’s concentrate on is a 10 % international share of electric powered automobiles by that date.