Recently, Michael Stewart, senior manager of Hyundai Motor America, denied previous rumors of canceling the engine research and development department, and said that Hyundai Motor will be committed to providing global customers with a powerful power system combination, including high-efficiency engines and Zero emission motors.
In September last year, Hyundai Motor announced that it would become a pure electric brand in Europe by 2035, and Europe will be the first region in the world to abandon the use of engines. By 2040, Hyundai aims to sell only electric vehicles in most major markets around the world. By then, annual sales of pure electric vehicles and fuel cell vehicles will reach 80%. That said, Hyundai is still a long way from being fully electrified, so this decision is not surprising.
In addition, in response to the development of electrification, Hyundai Motor has also responded recently: the development of next-generation fuel cells and the electrification route of Genesis have not changed. In other words, Hyundai Motor will launch a variety of different power systems according to different market needs.
Editor: Zhu Yuxiang