In a strategic shift, Hyundai plans long-range premium electric vehicle

22 August, 2017, 11:29 | Author: Leticia Walters
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Hyundai unveiled a near production version of its new fuel cell SUV with a driving range of more than 580 km per charge, compared with the 415 km for its current Tucson fuel cell SUV.

After 2021, the company plans to introduce electric auto with a power reserve of 500 km.

Previously, Hyundai supported fuel cell technology and believed it was the future of eco-friendly vehicles. In line with this, the company is planning to launch a premium long-distance electric auto to rival American pioneer Tesla. However, Hyundai has outlined plans to add more EV's to its portfolio in the coming years. Hyundai confirmed that it will launch a Kona EV in the first half of 2018. Since the front of the test vehicle was pretty expose, we also got to see the new headlights which look similar to the one the Kona had. In the same year, a model with electric drive premium brand Genesis. As with other vehicles of this type, Hyundai's new auto will no produce any harmful emissions and will operate using the electricity generated by its fuel cell system.

Fueling numerous eight new EV's is expected to be an all-new platform designed exclusively for battery-electric vehicles. The SUV will launch in Korea early next year, and after that, it will arrive in North America and Europe.

Last year, Hyundai launched its first mass market electric auto, the Ioniq. This vehicle is expected to arrive in Europe and the US shortly after its Korean launch.

According to Hyundai, the vehicle is built using findings from the ix35 fuel-cell vehicle. However, following the positive response to Tesla's unveiling of the Model 3, the company has opted to shift its focus to electric vehicles instead. Additionally, analysts feel fuel cell technology will not gain any meaningful economic scale for the company until about 2035.

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