Currently, Ford and General Motors, two of the top three U.S. automakers, have announced that their electric cars will subsequently be compatible with the NACS charging interface, sparking a wave of industry support for Tesla’s charging network.

At the 2023 CEO Investor Day in Seoul, South Korea, Hyundai discussed its mid-to-long-term business strategy and financial plans. Hyundai CEO Jung Eui-sun said the company is considering moving to Tesla NACS, but still needs to determine if doing so is in the best interest of its customers.

Hyundai’s main concern is that Hyundai electric vehicles may charge faster at other charging stations than at Tesla Superchargers. Simply put, Hyundai’s all-electric vehicles (such as the IONIQ 5) use an 800V electrical architecture, while Tesla Superchargers operate at a lower voltage, resulting in longer charging times.

Jung added that Hyundai plans to consult with Tesla to explore whether Hyundai can achieve faster charging at its Supercharger stations.

The Asian automaker is accelerating its transformation into a provider of smart mobility solutions, and is now involved in autonomous driving, hydrogen, robotics and advanced aerospace (AAM), among other areas.

The company plans to invest 109.4 trillion won over the next 10 years to achieve its goals.

In addition, Hyundai has also launched its “Hyundai Road” strategy and plans to spend 35.8 trillion won of its investment on electrification efforts.

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Hyundai Motor said in a statement on the company’s investor day that the company plans to increase the localization of electric vehicles in the United States. By 2030, the proportion of localized production will increase from 0.7% to 75%. largest sales market.

In terms of sales goals, Hyundai Motor stated that it hopes to achieve annual sales of 2 million electric vehicles by 2030, and plans to achieve profitability of electric vehicles of more than 10% in the same year.

It was previously reported that the 2022 model of the IONIQ 5 electric SUV, the first mass-produced model of Hyundai’s exclusive electric car brand IONIQ, was exposed to insufficient power in the United States. The company has admitted that the problem exists and said it will push the software next month Update, if necessary, will replace the corresponding parts for the owner.

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According to reports, the three major brands of Hyundai Motor Group, Hyundai, Genesis, and Kia, have sold electric vehicles in the United States since October 2014. As of January this year, their cumulative sales have reached 104,326.

Specifically, Hyundai Motor has sold a total of 51,096 electric vehicles in the United States from 2017 to January this year. The luxury car brand Genesis has sold a total of 1,964 electric vehicles since it launched its first electric vehicle in the United States last year. A total of 51,266 units have been sold since then.

In terms of models, Aini Krypton sold the most at 24,683 units, followed by Jirui EV (23,380 units), EV6 (21,608 units), Kona Electric Edition (20,560 units), Soul Electric Edition (6728 units) vehicle) etc.

Judging from the news announced by Hyundai Motor on its official website, they sold a total of 306,296 vehicles in January this year, an increase of 23,640 vehicles from 282,656 vehicles in the same period last year, an increase of 8.4% year-on-year.

Of the more than 300,000 vehicles sold by Hyundai Motor in January, 51,503 were sold in the domestic market, up 11.5% from a year earlier; 254,793 were sold in overseas markets, up 7.8% from a year earlier.

Car manufacturers are currently vigorously developing electric vehicles, and Hyundai Motor is no exception. They have also invested heavily in electric vehicles and have launched a variety of electric vehicles. In January this year, the sales volume was nearly 14,000, mainly IONIQ 5 and IONIQ 6, the combined sales of these two models exceeded 9,000 units.

Hyundai said it aims to sell 4.32 million vehicles (including the Genesis luxury brand) this year, including 3.54 million in overseas markets and 781,000 in its home market. In addition, Hyundai Motor will also launch new models such as KONA, Santa Fe and IONIQ 5 N this year.

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Overall, Hyundai Motor Group’s total global sales in 2022 will be 6,848,198 units, ranking third in the world after Toyota and Volkswagen.

In the global auto market, Hyundai Motor’s sales in markets outside Korea reached 3,255,695 units, a year-on-year increase of 2.9%. In December 2022, Hyundai Motor’s monthly sales in the global market will be 347,340 vehicles, of which sales outside South Korea will be 276,953 vehicles, and the Korean market will be 70,387 vehicles.

Hyundai’s pure electric vehicle IONIQ 5 selling well in the global market and IONIQ 6 successfully launched, the global sales of the two models will exceed 100,000 in 2022.

In 2023, Hyundai Motor has set a global sales target of 4,321,000 units including Genesis, of which the sales target for markets outside Korea is 3,540,000 units, and the domestic sales target for South Korea is 781,000 units. In addition, Hyundai Motor will launch a number of top models including the all-new KONA, Santa Fe (Santa Fe) and Hyundai Motor’s first high-performance electric vehicle, IONIQ (Aini Krypton) 5 N.

Kia, another brand under Hyundai Motor Group, will sell 2,362,551 vehicles in the market outside South Korea in 2022, an increase of 5.4% compared to 2021, and sales in the Korean home market will be 541,068 vehicles. In December 2022, Kia’s monthly sales in the global market will be 236,874 vehicles, an increase of 13.7% compared to 2021. In 2023, Kia has set a global sales target of 3,200,000 units, of which, the sales target for markets outside Korea is 2,614,880 units, and the domestic sales target for South Korea is 585,120 units.

In the field of hydrogen energy, Hyundai Motor’s hydrogen fuel cell vehicle NEXO has sold more than 30,000 vehicles worldwide, with a sales growth of 22% in one year and a market share of 59%.

In the domestic market, in 2022, the seventh-generation Elantra of Beijing Hyundai’s model and the fifth-generation Tucson L + new ix35 SUV will achieve annual sales of more than 100,000 units; 36,000.

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The automaker has revealed its ambitions to set a new milestone in the Scandinavian country in 2023, according to Hyundai Motor Europe. The automaker ends sales of plug-in hybrid electric vehicles (PHEVs) at the end of 2022 and starts selling only electric vehicles in Norway, in what will be its first foray into the global market.

“Our European branch has decided to sell electric vehicles only in Norway, and the head office in Seoul has confirmed this,” said a Hyundai executive.

The company has already announced plans to stop selling internal combustion engine vehicles in Europe from 2035 and to sell only electric vehicles globally by 2040. Its decision to stop selling diesel cars in Norway delayed its original plan in the country by 12 years. There is a reason for this, as Norway was one of the earliest adopters in the electric vehicle market. The country is offering various incentives with the goal of converting all new car sales to electric vehicles by 2025.

As of November, 81.6 percent of new cars registered in Norway were electric, showing that the Scandinavian country is on track with its eco-friendly plans.

PHEV models were mainly sold in the Norwegian market before, accounting for 17.4% of the market as of November 2020. As of last year, however, its sales share fell to 7.7 percent, ceding its top spot to electric cars. During the same period, hybrids accounted for 7.3 percent of the market, compared with 2.2 percent for diesel.

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Motional is a developer of self-driving technology and a joint venture between Hyundai Motor Group and Aptiv – specialists in advanced safety, electrification and vehicle connectivity. It is headquartered in Boston and recently opened an office in Santa Monica, California, where the company has been testing its driverless robotic cab built on the Hyundai IONIQ 5 electric vehicle.

The public first saw Motional’s IONIQ 5 robot cab in 2021, and it has already completed a fully autonomous cross-country drive in the United States, in addition to 100,000 public rides. Prior to Friday’s news, Motional had already established a working relationship with Uber that included autonomous food deliveries in the Los Angeles area.

Now, the companies have expanded their partnership into a comprehensive commercial agreement that will include driverless robot cab rides for Uber passengers in addition to expanded autonomous deliveries.

The driverless robo-taxi developer shared details of a new decade-long agreement with Uber in a press release Friday outlining hopes for firm adoption of robo-taxis in the United States. The partnership is the first in the industry to include both a driverless taxi service and a delivery service, according to Motional. Both use Hyundai IONIQ 5 robo-taxis, at least in the beginning.

The companies said the new commercial agreement builds on the aforementioned pilot program, which utilizes Motional robo-taxis to serve Uber Eats customers. Based on the success of the program, the companies have expanded their delivery operations and now intend to include passenger rides and more cities, said Karl Iagnemma, Motional’s president and CEO.

"This agreement will serve as a catalyst for the widespread adoption of robo-taxis. motional now has unparalleled access to millions of riders and a roadmap for significant expansion over the next decade. We are proud to partner with Uber to enable driverless ridesharing and delivery services in cities across the United States."

Uber said it intends to share targeted insights with Motional to effectively position the latter’s robo-taxis to maximize revenue-generating services while reducing customer wait times and costs – some of the benefits the two companies expect to achieve with driverless electric vehicle technology.

The companies shared that they intend to strategically deploy these driverless taxi and delivery services in cities across the U.S., with the first trips expected to begin later this year. To begin, Motional’s IONIQ 5 robo-taxi will offer taxi services in the UberX and Uber Comfort Electric categories in cities where they are available.

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The first teaser image reveals just a blurry shot of a car that races down a circuit. Yet this one is an easy guess. It ought to be the hotter variant of the Ioniq 5, the Ioniq 5N that we very recently witnessed doing rounds at the Nurburgring. From the pre-production prototypes of this car that Hyundai has been testing, it is most likely that the car will use a powertrain similar to the one on Kia EV6 GT.

The second teaser image is a car under covers and thus wrapped in mystery. But with the shape revealed one can’t miss that it is a racing car. The proportions of the car that we can make out from the image suggest it to be a two-seater. It seems to carry a long bonnet, is low lying and has a giant wing at the back. By claiming it to be ‘the future of N with legacy’, the clearest cue the company is revealing is that car could be a fully-electric one.

There are chances that we are completely wrong in guessing this to be a second car and it could very well be the Ioniq 5 with its blue exterior shade paint kept under wraps. With July 15^th not far away we are certain more clues would get uncovered for us very soon.

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