The car that cares

Hyundai Motor Group deepens agreement with Grab

Hyundai Motor Team and Get Holdings introduced an enhancement of their ongoing strategic partnership in mobility companies.

The subsequent phase will aim on accelerating EV adoption in southeast Asia. The Team, including Hyundai Motor and Kia Corporation, and Get will additional develop new pilots and initiatives that lower the barriers of entry for driver and supply-associates to adopt EVs, these as lowering the full cost of ownership and lessening assortment panic.

Study results from an original EV pilot in Singapore identified higher fees, deficiency of charging areas and extended waiting around instances for charging ended up prime barriers hindering driver-associates from adopting EVs.

Therefore, the improved partnership will aim on addressing some of these barriers by piloting new EV business enterprise versions these as leasing EVs with a battery-as-a-provider product or car or truck-as-a-provider product, and EV funding.

Both of those get-togethers will also develop a joint EV programme to accelerate adoption in southeast Asia. The pilot courses will start off in 2021, starting in Singapore, and grow to Indonesia and Vietnam.

As aspect of the progress, the two get-togethers will also perform an EV feasibility review. The intent is to gain a deeper understanding into the gaps and barriers to broader EV ownership and adoption, then translating the findings from the review into realistic approaches to additional develop the EV method. These insights will give governments and method associates with strategies and very best tactics on how EV guidelines can be formed to much better tackle the working day-to-working day operational routines of experience-hailing motorists and supply-associates.

This comes at a vital time as past-mile logistics and deliveries continue to expertise unprecedented progress, and EVs can enjoy a big role in lessening carbon emissions from vehicles.

In addition, in line with HMG’s hottest future strategy, both get-togethers will check out collaboration in new business enterprise opportunities and technologies these as good metropolis products and companies.

Given that the original partnership was introduced in 2018, both get-togethers have released a sequence of EV pilots in Southeast Asia, starting off with Singapore in 2019 and Indonesia in 2020.

The pilots saw the deployment of 200 Hyundai Kona EVs in Grab’s GrabRentals fleet in Singapore which has consistently recorded a higher utilisation fee. Customised upkeep offers and incentives ended up also rolled out to aid Get driver-associates who are leasing the EVs.

In Indonesia, Get released its GrabCar Elektrik fleet of Hyundai IONIQ vehicles at Jakarta’s Soekarno-Hatta airport.

In Singapore, Get has a partnership with SP Team, the most significant govt-owned electric power and gasoline distributor in the region. Get has leveraged driving knowledge from this partnership to suggest on suitable charging areas, centered on driver areas and demand maps.

In Indonesia, Get released the Electrical Car or truck Ecosystem Roadmap in 2019 with the Indonesia govt to aid EV guidelines, and support reach the government’s target of twenty% of Indonesian transportation being EVs by 2025.