Hyundai's $52 Bilion Bet on EVs
Massive R&D Investment in Electric Cars, Autonomous Cars, Flying Cars
Delivering Future of Mobility by 2025
Hyundai is pouring $52 billion into the development of electrics cars, self-driving cars, flying cars, robotics for them and an "ecosystem of mobility". The South Korean automaker says it wants to be a frontrunner in the future mobility industry. By 2025, Hyundai wants to trade in the name "automaker" for "smart mobility solution provider".
Ecosystem of Mobility
Hyundai is the parent company of Kia and Hyundai. The $52 billion R&D investment will go into two strategic areas. One is more futuristic personal mobility vehicles like flying cars. The other is accelerating traditional autos forward with electrification, self-driving systems, robotics and "last mile mobility". By that Hyundai wants to combine products and services to deliver an "ecosystem of mobility" in the next decade.
Very Affordable EVs
Hyundai wants to sell 670,000 electric and fuel-cell vehicles yearly by 2025, It plans on delivering very affordable EVs to attract young buyers. And by 2025 it plans on delivering some level of self-driving performance in all of its vehicles. For a sample read or free Kindle borrow of my new book "Hot Electric Vehicles of the 2020", go to amazon.com/author/ekane
https://read.amazon.com/kp/embed?asin=B082GKV1ZY&preview=newtab&linkCode=kpe&ref_=cm_sw_r_kb_dp_gxr8DbP4HNB4S
Source: Hyundai Kona EV |
Delivering Future of Mobility by 2025
Hyundai is pouring $52 billion into the development of electrics cars, self-driving cars, flying cars, robotics for them and an "ecosystem of mobility". The South Korean automaker says it wants to be a frontrunner in the future mobility industry. By 2025, Hyundai wants to trade in the name "automaker" for "smart mobility solution provider".
Ecosystem of Mobility
Hyundai is the parent company of Kia and Hyundai. The $52 billion R&D investment will go into two strategic areas. One is more futuristic personal mobility vehicles like flying cars. The other is accelerating traditional autos forward with electrification, self-driving systems, robotics and "last mile mobility". By that Hyundai wants to combine products and services to deliver an "ecosystem of mobility" in the next decade.
Very Affordable EVs
Hyundai wants to sell 670,000 electric and fuel-cell vehicles yearly by 2025, It plans on delivering very affordable EVs to attract young buyers. And by 2025 it plans on delivering some level of self-driving performance in all of its vehicles. For a sample read or free Kindle borrow of my new book "Hot Electric Vehicles of the 2020", go to amazon.com/author/ekane
https://read.amazon.com/kp/embed?asin=B082GKV1ZY&preview=newtab&linkCode=kpe&ref_=cm_sw_r_kb_dp_gxr8DbP4HNB4S
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