Hyundai revealed its up to date technique for the subsequent a number of years in an investor discussion board Thursday, outlining plans for brand new electrification initiatives, autonomous automobile growth, and the implementation of over-the-air updates. Notably, the corporate is launching a brand new devoted hydrogen gas cell model dubbed “HTWO.”
“With HTWO, Hyundai Motor Group is stepping up efforts for the event of a next-generation hydrogen gas cell system that may be utilized to varied types of mobility akin to UAM, cars, vessels and trains,” Hyundai mentioned in an announcement late Thursday.
“Not solely will the next-generation gas cell system be out there for a lot of completely different mobility services and products, it can ship enhanced efficiency and sturdiness at an inexpensive value in a lighter structure with enhanced power density. With its next-generation gas cell system, the group goals to supply a extremely environment friendly and diversified lineup of hydrogen-powered automobiles.”
Whereas fuel-cell powertrains have not caught on within the client passenger automobile market, there could also be potential in them as a long-term answer for trucking. Hyundai’s personal Xcient fuel-cell semi is one instance, and different corporations (together with Toyota, Daimler and Volvo) are betting on the expertise too.
A brand new sub-brand for alternative-fuel automobiles akin to hydrogen gas cells additionally is sensible since Hyundai’s announcement that it could have an EV-only model within the type of Ioniq. Over the subsequent 4 years, Hyundai plans to launch the Ioniq 5, Ioniq 6 and Ioniq 7. Odd-numbered fashions will all the time be crossovers or SUVs, and even numbered fashions will probably be sedans. The Ioniq fashions can even make use of Hyundai’s not too long ago revealed modular electrical platform referred to as E-GMP.
In different components of Hyundai’s total technique, the corporate plans to roll out over-the-air software program updates beginning in 2021, and we count on Hyundai to discover different cloud-based options for its business choices. The corporate can be concentrating on 2022 for SAE Stage 3 semi-autonomous driving assists, with growth persevering with on potential Stage 4 and 5 options. Aerial automobiles are additionally in growth, with a hybrid cargo automobile aimed toward launch in 2026 and a totally electrical model in 2028. Investments in all elements of Hyundai’s long-term technique will complete round $55 billion.
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