Hyundai Motor scraps division for internal combustion engine
Updated: 2021-12-29 17:19:03 KST
Hyundai Motor scraps its internal combustion engine division, and gears up for electrification.
2021 can be an important turning point for automakers around the world, in tune with carbon neutrality regulations.
To become a carbon-neutral brand by 2035, Hyundai seeks to reduce carbon emissions across its entire value chain, from raw materials to production.
For a deeper analysis, joining us via Zoom, we have Professor Shim Hyunchul.
It's great to see you, Professor Shim.
Kia, owned by Hyundai made the Besta, an EV that was spotlighted at the 1988 Seoul Olympics.
This year it released the EV6 so it had been a while since Kia had developed its own electric vehicle.
Also this year we had the IONIQ 5 with Hyundai's EV-only platform, e-GMP.
There's also the SUV concept car, the IONIQ SEVEN.
And the Genesis GV60.
How competitive is Hyundai in terms of EV tech?
There are battery electric vehicles (BEV) and plug-in hybrids (PHEV).
Hybrid electric vehicles (HEVs) too.
Do get us better acquainted with these different types.
To achieve carbon neutrality by 2050, as declared by governments, 60% of all new car sales must be made up of zero-emission vehicles by 2030.
But some argue there are emissions when manufacturing EVs.
What is your view on the situation?
Korea plans to increase sales of eco-friendly cars and install more charging infrastructure by 2025.
Some say there aren't enough charging stations.
What's your advice to someone considering buying an EV?
Reportedly, Hyundai's Genesis paused its manufacturing of hydrogen-electric vehicles due to its technical limits and marketability.
Should we be concerned about the future of hydrogen cars?
Hyundai seeks to become the 2nd-largest EV maker in the world.
What's the roadmap for the future?
Alright, Professor Shim.
Thank you for your insights, we appreciate it.