Hyundai Motor Group has pledged to have a total of 23 battery electric vehicles in its product range by 2025, as part of a total of 44 electrified models.
The South Korean group includes Hyundai, Kia and Genesis. Hyundai entered electric motorsport last year with the announcement of its Veloster N ETCR.
HMG executive vice president Euisun Chung made the updated EV commitment during a New Year address on Thursday, although details of the company’s new products are thin.
The group’s three brands will have a total of 44 electrified models by 2025, up from 24 in 2019. The five-year plan is set to include a total of 23 battery electric vehicles (BEVs), six plug-in hybrids, 13 hybrids and two fuel-cell cars.
Last year, it had nine BEVs in its produce range, including the Hyundai Kona and Ioniq and Kia e-Niro and e-Soul.
Its first new BEV will be launched in 2021, although no further details about the car have been released. It will also develop a new EV architecture to be applied to models launching in 2024.
The group also plans to add hybrid and plug-in hybrid variants of its most popular SUV models, including the Kia Sorento, Hyundai Tucson and Hyundai Santa Fe.
Road Car EV Push Linked to Hyundai’s Motorsport Electrification
The Hyundai Veloster N ETCR is based on the ICE-powered Veloster road car, which does not currently offer an electrified version.
Hyundai Motorsport director Andrea Adamo told e-racing365 in September that ETCR is attractive because of its road-relevance, but said it is not an issue that the brand does not have an electric road car model to use for the new class.
In November, Hyundai also revealed the RM19, a track car that will serve as a rolling test bed for an upcoming mid-engine sports car due in 2021.
It’s understood that the road car will feature a petrol-electric hybrid powertrain, while variants of electric powertrains could be tested within the RM19 platform.
Hyundai has entered into a strategic partnership with Croatian electric hypercar manufacturer Rimac Automobili, which is partly owned by Porsche and already works with a number of other companies, for high-performance electric powertrains.
“The RM19 sports car signals future brand aspirations for Hyundai’s high-performance N brand, solidly moving N into the prestigious arena of supercar-level performance,” said Thomas Schemera, executive vice president and head of Hyundai Motor Group’s product division in November.
“Hyundai N will not only increase heartbeats per minute via powerful internal combustion engines, but also through the instantaneous torque and environmental sustainability of electrified powertrains moving forward.”