Hyundai Motor plans to introduce 17 new battery electric vehicles by 2030 based on its second-generation EV platform, as part of its new electrification strategy.
A total of 11 of the 17 new BEV models due by 2030, will launch as Hyundai models, together with six models under the Genesis luxury brand.
The Hyundai electric line up will be comprised of three saloons, six SUVs, one light commercial vehicle as well as one new type model.
Meanwhile the Genesis BEV models will be two passenger cars and four SUVs, including the electrified GV70 launching this year.
Beginning in 2025, all new models from Genesis will be electrified.
The arrival of the new models follows the launch of the Hyundai Ioniq 6 this year, which will be followed by the Ioniq 7 in 2024.
Hyundai will also introduce a new Integrated Modular Architecture (IMA) platform for its EVs, an evolution of the current electric global modular platform (E-GMP) used for the Ioniq 5 and GV60 models.
The manufacturer is targeting sales of 1.87 million BEVs per year by 2030, giving it a 7% share of the global market.
Jaehoon Chang, president and CEO at Hyundai Motor said: “Hyundai is successfully accelerating its transition to electrification and becoming a global leader in EVs despite a challenging business environment caused by the global chip shortage and ongoing pandemic.
“Along with our seamless efforts to improve EV value, Hyundai Motor will continue to secure its business sustainability as a ‘Mobility Solutions Provider’ through advanced technologies of not only hardware but also software.”