All automobile companies want to strengthen their hold in the EV segment. For this, some companies have also launched electric vehicles. So some are set to launch in the coming days. Hyundai Motors’ Kona EV car is already in the global market. But it will launch 8 new EVs by the year 2030 to strengthen its EV segment. All this will be a luxury EV.
The company has also said that its focus will now be on electric cars. Hyundai will launch its last internal combustion (IC) engine car in 2025. The company will launch its electric car this year. By the year 2030, the company will launch 17 new models, 8 of which will be fully luxury electric vehicles. These trains will be launched on a common platform.
All EV genesis will occur in the plant
Genesis parent Hyundai Motors is developing its iconic electric vehicles on a common modular platform, used in electric vehicles such as the Ioniq 5 and Ioniq 6. Genesis will also develop a new platform of the same type, which will be uniform across all of the company’s vehicles.
Not planning a launch in India
Of the 17 vehicles coming, 11 will be Hyundai badge electric cars and 6 cars will be developed under the Genesis brand. The Hyundai Ioniq 6 will be available for sale in the global market later this year, while the Ioniq 7 will be launched in the year 2024. Hyundai and Genesis have no plans to launch their electric cars in India.
Genesis’s competition with luxury companies
Genesis is selling 5 models all over the world market. Genesis’ luxury cars have the G70, G80, G90 saloon, GV70, and GV80 SUV. The GV70 is the company’s latest new model, introduced as a lower variant of the GV80 SUV. The Genesis GV70 SUV is in competition with the Audi Q5, BMW X3, and Mercedes Benz GLC in the international market.
Hyundai’s micro SUV will be launched before Casper
Hyundai is also constantly launching its new vehicles in the global market. The company recently unveiled its new micro SUV Casper in South Korea. Preparations are underway to launch the micro SUV Casper in the Korean market by the end of 2022. Pre-booking of Hyundai Casper has already started before the price announcement.
The Hyundai Casper K1 is based on the platform used for the Hyundai i10. The Casper is smaller than the Kona and Venue SUV. The length of this car is 3,600mm, which will give tough competition to cars like Suzuki Ignis and Renault Quid in its segment.